2007 - April

2.0
General information on the company and its share capital
2.2. General information on the share capital
2.2.1. Changes in the share capital and rights
associated with shares
Any changes in the share capital or the rights associated
with shares comprising the share capital are governed by the
legal provisions in force, with the company bylaws having no
specific provisions thereon.
Acquisition by the company of its own shares
Covering any marketable securities entitling holders to the
allocation of shares in the company within the framework
of the regulations in force,
Canceling any shares acquired as relevant, as authorized by
the General Shareholders’ Meeting held on April 27th, 2006.
This authorization, granted to the Executive Board for a period
of 18 months by the General Shareholders’ Meeting held on
April 27 th , 2006, was transfered to the Board of Directors for
the period set initially by the General Shareholders’ Meeting
held on April 26 th , 2007.
2.2.2. Share capital at January 28 th 2008
Number of shares: 40,810,632 ordinary shares
Par value: 0.40 euro
Amount of the share capital: 16,324,252.80 euros (fully
paid-up).
Pursuant to a resolution adopted at the Combined General
Meeting held on April 26th, 2007, the company may trade its
own shares on the market in accordance with the provisions
of Article L.225-209 of the French Commercial Code up to a
maximum of 2,036,597 shares (5% of the share capital), for
the purpose of:
Coordinating the secondary market or liquidity of the
APRIL GROUP share through an investment service provider
based on a liquidity agreement in line with the AFEI
compliance charter approved by the AMF,
Keeping the shares purchased and delivering them
subsequently in exchange or as payment for external
growth operations, it being understood that shares
acquired in this respect may not exceed 5% of the share
capital,
Covering stock-option schemes and other forms of
allocating shares to the Group’s employees and/or
corporate offices, notably in connection with company
profit-sharing systems, a company savings scheme or the
free allocation of shares,
The maximum purchase price is 80 euros per share (par value
of 0.4 euro).
At March 5 th , 2008, total purchases made under this program
stood at 4,916,737.10 euros for 120,171 shares, while the
total number of shares sold amounted to 122,579 for a total
of 5,059,745.65 euros.
The transactions were carried out within the range of
35.55 euros for the minimum sales price and 46.75 for the
maximum purchase price.
At March 5 th , 2008, the company directly and indirectly held
161,976 APRIL GROUP shares (0.40% of the share capital).
These shares have a par value of 64,790.40 euros and a book
value of 6,719,682.83 euros.
10
Return to the contents section