Atari 2010 Annual Report Download - page 140

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ANNUAL FINANCIAL REPORT – REGISTRATION DOCUMENT
140
GENERAL INFORMATION CONCERNING THE COMPANY'S CAPITAL
CHANGES IN SHARE CAPITAL AND RIGHTS
Changes in share capital and the rights attached to shares outstanding are governed solely by the applicable laws, as
the Articles of Incorporation do not contain specific provisions on such changes.
SHARE CAPITAL
As of March 31, 2010, the Company had 21,113,623 shares with a par value of €1 each issued and outstanding, fully
paid up, with a nominal value of €21,113,623.
AUTHORIZED CAPITAL
The Shareholders' Meeting will be asked to approve the financial statements for the year ended March 31, 2010 and
renew the authorizations set forth below.
The Extraordinary Shareholders' Meeting of September 27, 2007 authorized the Board of Directors, for a period of 38
months, to grant free shares
to employees and corporate officers of the Company and its associates, subject to the
restrictions of article L.225-182 of the Commercial Code.
The Extraordinary Shareholders' Meeting of September 30, 2009 authorized the Board of Directors, for a period of 38
months, to grant free shares
to employees and corporate officers of the Company and its associates, with the total
number of new or existing shares to be granted free of consideration not to exceed 10% of the Company's share capital
at the date the authorization is used.
The Extraordinary Shareholders’ Meetings of January 19, 2009 and September 30, 2009 delegated authority to the
Board of Directors to increase the capital by issuing shares or other securities carrying rights to Company shares, to be
offered to members of company savings plans, over a period of 26 months and for an aggregate maximum nominal
amount of €3 million. This maximum amount is included in the maximum amount of capital increases set by the
Shareholders’ Meeting under the second resolution.
Finally, shareholders will be requested at the next Extraordinary Shareholders' Meeting to authorize the Board of
Directors, until March 18, 2011, to increase the capital by a maximum amount of €40 million.
Stock option plans
During fiscal year 2009/2010, the Company granted 1,659,696 stock options to its employees after adjustments.
As of March 31, 2010, 57,872,110 options remained outstanding (to subscribe to up to 2,330,721 shares), with a
potential dilutive effect of 11.0% on that date.
SECURITIES CARRYING RIGHTS TO SHARES
FINANCIAL INSTRUMENTS CARRYING RIGHTS TO SHARES
Stock option plans
The Board of Directors has used the authorizations granted by the Company's shareholders in Extraordinary
Shareholders’ Meetings to grant stock options to certain employees and corporate officers of the Group, the details of
which are provided below: