Ubisoft 2006 Annual Report Download - page 137

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INFORMATION ON THE COMPANY
125
4
4.2.2.7 Employee stock ownership
under the Company Mutual Fund
(hereafter “FCPE”)
As of March 31, 2006, employees held 419,416 shares
(0.924% of share capital) through the Ubi Actions FCPE.
The extraordinary portion of the Combined General
Meeting of September 25, 2006 authorized the Board of
Directors to proceed, on its own initiative, with an equity
issue reserved for French employees, up to a limit of 1% of
the total shares comprising the share capital at the time of
use of the authorization by the Board of Directors, speci-
fically by means of an FCPE.
The Board of Directors did not use this authorization
during the financial year ended on March 31, 2007.
4.2.2.8 Securities not representing
capital
None
4.2.2.9 Right to acquire or
obligation attached to subscribed
capital not yet paid up
None
4.2.2.10 Option or unconditional
agreement on a member of the group
None
4.2.2.11 Identification
of shareholders
Article 5 of the Articles of Association authorizes the
company to implement a procedure for identifying share-
holders.
Expiration Terms and conditions Strike Number of options (1)
date of exercise Price Exercised during Cancelled during Outstanding
(1) the year the year as of 03/31/07
08.04.06 25%/year €17.26 100,950 52,920 0
04.24.06 25%/year €17.26 12,000 1,772 0
08.15.12 50% on 01/19/05 €6.41 400,875 0 175,855
75% on 08/16/05
100% on 08/16/06
10.15.07 25%/year €4.60 275,657 16,130 188,889
01.28.08 25%/year €5.13 2,800 0 10,280
06.15.07(2) 25%/year €4.60 41,542 450 10,626
10.13.14 24% at the end €7.75 171,204 1,656 493,824
of 1 year
then 2% per month
(France, Italy) (France, Italy) €7.36 99,320 6,820 833,418
11.16.14 24% at the end (France)
of 1 year €7.74
then 2% per month (Italy)
(United States)(2) (United States) €6.78
06.15.09 26% then by lots (US)
of 12 at 13%
every 6 months
02.22.11 25% per year €15.82 48,782 0 1,307,110
after
02.23.07