Ubisoft 2005 Annual Report Download - page 133

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5
131
UBISOFT • 2006 ANNUAL REPORT
FINANCIER
INFORMATION ON THE COMPANY
Expiration Terms and Strike Number of options
date conditions of price Exercised during Cancelled during Outstanding
exercise the year the year as of 03/31/06
12.07.05 25%/year €38 22,907 16,279 0
04.08.06 25%/year €34.51 175,488 68,167 76,935
04.24.06 25%/year €34.51 21,886 15,833 6,886
08.15.12 50% on 01.19.05 €12.82 63,100 37,600 288,365
75% on 08.16.05
100% on 08.16.06
10.15.07 25%/year €9.20 36,251 41,105 231,773
01.28.08 25%/year €10.25 1,575 540 6,540
06.15.07(1) 25%/year €9.20 13,143 6,832 26,309
10.13.14 24% at the end €15.50 49,658 6,642 331,850
of 1 year then
2% per month
(France. Italy) (France- Italy) €14.72 26,271 1,550 468,229
11.16.14 24% at the end (France)
of 1 year then €15.47
2% per month (Italy)
(United States)(1) (United States) €13.55
06.15.09 26% then by lots (United States)
of 12 at 13%
every 6 months
02.22.11 25% per €31.64 0 0 677,946
year after
02.23.07
5.2.2.7 Employee stock ownership
under the Company Mutual Fund
(hereafter “FCPE”)
As of March 31, 2006, employees held 247,291 shares
(1.272% of share capital) through the Ubi Actions FCPE.
The extraordinary portion of the Combined General
Meeting of July 23, 2004 authorized the Board of
Directors to proceed, on its own initiative, with an equity
issue reserved for French employees, up to a limit of 2.5%
of the total shares comprising the share capital at the time
of use of the authorization by the Board of Directors, spe-
cifically by means of an FCPE.
The Board of Directors used this authorization:
At its meeting of November 29, 2004, setting the subs-
cription price of the shares to be issued at €12.88 each,
and specified that these shares would be subscribed for
by the Ubi Actions FCPE. This equity issue was announ-
ced by the Board of Directors on March 1, 2005.
Employees subscribed for 270,405 shares through the
Ubi Actions FCPE.
At its meeting of December 13, 2005, setting the subs-
cription price of the shares to be issued at €33.38. The
Ubi Actions FCPE subscribed for 21,735 shares on
April 7, 2006.
5.2.2.8 Securities not representing
capital
None.
5.2.2.9 Right to acquire or
obligation attached to subscribed
capital not yet paid up
None.
5.2.2.10 Option or unconditional
agreement on a member of the
group
None.
5.2.2.11 Identification of
shareholders
Article 5 of the Articles of Association authorizes the
company to implement a procedure for identifying
shareholders.