Ubisoft 2002 Annual Report Download - page 93

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2003
93
FINANCIAL
REPORT
General Information
d) During its meeting on March 12, 2001, the Board of Directors used the authorization granted by the Extraordinary General
Meeting held on March 9,2001 to issue 53,266 stock purchase warrants with a total par value of 16,240.70.
Chief characteristics of the stock purchase warrants of March 12, 2001:
Initial number of warrants: 53,266
Issue price: 0.01
Exercise price: 40.29
Exercise period: from December 28,2001 to March 11, 2006
Warrants not exercised by the end of this period will lose all value and be cancelled.
As of March 31, 2003,no stock purchase warrant had been exercised.
e) During its meeting on March 19, 2001, the Board of Directors used the authorization granted by the Extraordinary General
Meeting held on March 9,2001 to issue 9,044 stock purchase warrants with a total par value of 2,803.64.
Chief characteristics of the stock purchase warrants of March 19, 2001:
Initial number of warrants: 9,044
Issue price: 0.01
Exercise price: 32.072
Exercise period: from March 19, 2002 through March 18, 2006
These warrants were cancelled.
f)During its meeting on April 25,2003, the Board of Directors used the authorization granted by the Combined General Meeting
held on September 12, 2002 for the issuance and allocation of stock purchase warrants for existing shares and/or for the
subscription of new shares,which were issued and allocated free of charge to all shareholders on May 14, 2003.
Chief characteristics of stock purchase warrants for existing shares and/or for the subscription of new shares of May 14, 2003:
Initial number of warrants: 17,540,082 (15 SPWs entitle the holder to one Ubisoft share)
Exercise price: 28
Exercise period: from May 14, 2002 through May 14, 2006 inclusive.
The 1,169,733 warrants allocated to Ubisoft Entertainment were cancelled.