APC 2006 Annual Report Download - page 59

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1. General information . . . . . . . . . . . . . . . . .
p. 57
2. Capital . . . . . . . . . . . . . . . . . . . . . . . . . . .
p. 57
3. Ownership structure . . . . . . . . . . . . . . . . .
p. 59
4. Employee profit sharing, stock ownership,
stock option and stock grant plans . . . . .
p. 60
5. Stock market data . . . . . . . . . . . . . . . . . .
p. 62
6. Investor relations . . . . . . . . . . . . . . . . . . .
p. 64
3
General
presentation of
Schneider Electric SA
1. General information
Schneider Electric SA is a Société Anonyme (joint-
stock corporation) governed by the French Commer-
cial Code, with issued capital of 1,821,586,784.
Since May 3, 2006, it has had a two-tier management
structure, with a Supervisory Board and a Manage-
ment Board. Its head office is located at 43/45, boule-
vard Franklin Roosevelt - 92500 Rueil-Malmaison,
France (phone: +33 (0)1 41 29 70 00).
The Company is registered in Nanterre under no.
542 048 574, business identifier code (APE) 741J.
Schneider Electric SA was founded in 1871. Its term is
up to July 1, 2031. The Company, which was called
Spie Batignolles, changed its name to Schneider SA
when it merged with Schneider SA in 1995, and then
to Schneider Electric SA in May 1999.
Its summarized corporate purpose is to operate,
directly or indirectly, in France and abroad, any and all
businesses related to electricity, industrial control and
general contracting, as well as to carry out any and all
commercial, securities, real estate and financial trans-
actions (Article 2 of the bylaws). Schneider Electric's
fiscal year runs from January 1 to December 31.
The bylaws, minutes of Shareholders’ Meetings, Audi-
tors’ Reports and other legal documents concerning
the Company are available for consultation at the
Company's head office (Management Board Secretari-
at) located at 43/45 boulevard Franklin Roosevelt -
92500 Rueil-Malmaison, France. The bylaws, auditors’
reports and other documents are also available on the
corporate website (www.schneider-electric.com).
2. Capital
Share capital and voting rights
The Company's share capital at December 31, 2006
amounted to 1,821,586,784, represented by
227,698,348 shares with a par value of 8.00, all
fully paid up. At December 31, 2006, 247,190,648
voting rights were attached to the 227,698,348 out-
standing shares.
Potential capital
No share equivalents were outstanding at December
31, 2006. Stock options granted under the stock option
plans in force at December 31, 2006 represent
3,262,404 shares, of which 6,859,920 correspond to
options to either subscribe new shares or purchase
existing shares, the precise type of such options has
not been determined so far. Stock grants made or to be
made under the plan in force at December 31, 2006
concerned 52,006 shares. The type of options (options
to subscribe new shares or purchase existing shares)
and stock grants (exercisable for existing or new
shares) will be determined at a later date by the Man-
agement Board. Details of the plans are provided on
pages 61 and 62.
On the basis of the share capital of the Company as of
December 31, 2006, the potential maximum dilution in
case of issue of all the shares as a result of the exer-
cise of the option to subscribe and stock grants would
be 4.44%.
57
3