Annual report 2001 - GL events
Annual report 2001 - GL events Annual report 2001 - GL events
5 5-2-3 Nature and importance of the operations contracted between GENERALE LOCATION, its legal representatives, its shareholders holding more than 5% of voting rights The Board Members, physical persons, carrying out their duties as managing directors within the group receive benefits and services required by their position (car and reimbursement of traveling expenses). Outside its day to day banking activities, the Banque de Vizille charged the Group fees for € 23 837 concerning studies of external growths. The Société Lyonnaise de Banque, Banque de Vizille’s shareholder, provides current banking services. Groupe Polygone charged a contribution of € 351 735 equal to 0.15% of the consolidated net sales as remuneration for the general management agreement Groupe Polygone sold to Générale Location its 65% shareholding interest in Package Organization for the sum of € 495 459. Polygone SA, shareholder of Groupe Polygone, acquired from Générale Location 9 999 shares of SCI 88 for the amount of € 2 286 506. The Board of Directors of 6 March 2001 authorized the management contract with the following subsidiaries. The fees received in the name thereof are as follows : (In Euros) GL Furniture Asia 5460 or 0.75 % of net sales GL Malaysia 12 189 or 0.75% of net sales Team Legend 14 217 or 0.75% of net sales Eastern Exhibition Services 16 132 or 0.75% of net sales GL Portugal 28 297 or 1.5% of net sales GL United Kingdom 9 019 or 1.5% of net sales GL Allemagne 11 386 or 1.5% of net sales The Board of Directors of 6 June 2001 authorized the establishment of the agreement of management with the following subsidiaries and the fees received in the name thereof are as follows : (In Euros) A2M SARL 13 031 or 2.5% of net sales Boîte à Sons 95 515 or 2.5% of net sales Sodem System 71 019 or 2.5% of net sales The Board of Directors of 9 September 2001 authorized the establishment of the agreement of management with the company Owen Brown at a rate of 1.5% of its net sales coming into effect on 1 January 2002. None 5-2-4 Loans and guarantees granted or constituted for the benefit of the board members
96 97 5-3 Personnel profit sharing 5-3-1 Profit sharing agreement None 5-3-2 Options for subscription of shares granted to the first ten employees of GENERALE LOCATION and of the group who are not legal representatives, and options exercised by them GENERALE LOCATION granted the following options for subscription of shares during the course of the year 2001. Options for subscription of Number of options Weighted Plan Plan shares granted and option Granted Taken-up average exercised during the year price Options granted during the year 23 200 € 8.45 N° 5 01-1 Options held, exerciced during the year 26 500 (*) € 5.14 N° 1 99-1 (*) out of the 26 500 options, 3 300 were taken up before the division of the nominal value by five and thus count for 16 500 in the total.
- Page 48 and 49: 4 Evolution by market In 2001, the
- Page 50 and 51: 4 b - Operating profit Expressed as
- Page 52 and 53: 4 ● PACKAGE ORGANISATION PACKAGE
- Page 54 and 55: 4 ● DECORAMA DECORAMA (M€) 2001
- Page 56 and 57: 4 c - Future Prospects Générale L
- Page 58 and 59: 4 4-1-2 Five year financial summary
- Page 61 and 62: 58 59 4-2 Consolidated Financial St
- Page 63 and 64: 60 61 4-2-2 Consolidated Balance Sh
- Page 65 and 66: 62 63 4-2-4 Notes to the consolidat
- Page 67 and 68: 64 65 2-2-2 Consolidation scope The
- Page 69 and 70: 66 67 Tangible fixed assets Tangibl
- Page 71 and 72: 68 69 Net sales For shows, fairs, a
- Page 73 and 74: 70 71 Note 4 Other Intangible Asset
- Page 75 and 76: 72 73 Note 8 Rental Equipment Gross
- Page 77 and 78: 74 75 Breakdown of the corporate Ta
- Page 79 and 80: 76 77 The Mixed Annual General Meet
- Page 81 and 82: 78 79 Note 18 Loans and Debts The d
- Page 83 and 84: 80 81 The breakdown of charges for
- Page 85 and 86: 82 83 The analysis of the Exception
- Page 87 and 88: 84 85 Note 28 Other Risks Foreign C
- Page 89 and 90: 86 87 Scope of consolidation Compan
- Page 91 and 92: 88 89 4-6 Draft of proposed resolut
- Page 93 and 94: 90 91 will have to resign at the en
- Page 95 and 96: 5 Organs of administration, directi
- Page 97: 94 95 5-1-3 Board of Directors and
96 97<br />
5-3<br />
Personnel profit sharing<br />
5-3-1 Profit sharing agreement<br />
None<br />
5-3-2 Options for subscription of shares granted to the first ten employees of GENERALE<br />
LOCATION and of the group who are not legal representatives, and options<br />
exercised by them<br />
GENERALE LOCATION granted the following options for subscription of shares during the course of the year <strong>2001</strong>.<br />
Options for subscription of Number of options Weighted Plan Plan<br />
shares granted and option<br />
Granted Taken-up<br />
average<br />
exercised during the year<br />
price<br />
Options granted during<br />
the year 23 200 € 8.45 N° 5 01-1<br />
Options held, exerciced<br />
during the year 26 500 (*) € 5.14 N° 1 99-1<br />
(*) out of the 26 500 options, 3 300 were taken up before the division of the nominal value by five and thus count for 16 500<br />
in the total.
Change language