APC 2007 Annual Report Download - page 63

61
3
General presentation of Schneider Electric SA
Maximum aggregate Number Authorization date/ Used at
par value of authorized of shares Authorization December
share issues (in millions) expires 31, 2007
I - Issues with
pre-emptive subscription rights:
shares, warrants and other securities
convertible, exchangeable, redeemable
or otherwise exercisable for shares 500 million (1) 62.5 April 26, 2007 –
June 25, 2009
II - Issues without
pre-emptive subscription rights:
a) Shares, warrants and other securities
convertible, exchangeable, redeemable
or otherwise exercisable for shares,
for cash or in payment of listed shares 300 million (1) 37.5 April 26, 2007 –
June 25, 2009
b) In payment of unlisted shares 10% of the capital (1) 22.8 April 26, 2007 –
June 25, 2009
III - Employee share issues
Share issues restricted
to employees (ESPP) 5% of the capital 11.4 April 26, 2007 - (6)
April 25, 2012
Share issues to entities set up
to promote employee stock ownership 0.5% of the capital (2) 1.1 April 26, 2007 - (6)
October 25, 2008
Stock options 3% of the capital (3) (5) 7.35 May 3, 2006 0.93% (4)
July 2, 2009
Stock grants 0.5% of the capital (5) 1.2 May 3, 2006 0.07% (7)
July 2, 2009
(1) The ceilings for issues with and without pre-emptive subscription rights are not cumulative and are capped at  500 million in the aggregate.
(2) Issues of shares to entities set up to hold shares on behalf of employees will be deducted from the ceiling for employee share issues
(ESPP) without pre-emptive subscription rights.
(3) The number of options to subscribe new shares or purchase existing shares that have been granted and not yet exercised or cancelled
may not exceed 3% of the issued capital.
(4) The Management Board will determine the nature of plans 28, 29 and 30 (subscription or purchase) before the beginning of the
exercise period at the latest.
(5) Stock grants and options to subscribe existing shares or purchase new shares may not exceed 3% of the issued capital.
(6) At its meeting on December 19, 2007, the Supervisory Board authorized the Management Board to issue new shares to members of
the Employee Stock Purchase Plan during 2008, within a limit of 0.8% of the Company's issued capital (2 million shares). The
Management Board will use this authorization on May 26, 2008 to issue new shares to employees under a leveraged stock ownership plan.
(7) The nature of stock grant plans (subscription or purchase) will be determined on the effective date of grant at the latest.
Three-year summary of changes in capital
The following table shows changes in Schneider Electric SA’s share capital and share premium account since Decem-
ber 31, 2004 through share issues and the exercise of stock options:
Number of shares Aggregate number Share capital
issued or cancelled of shares
Capital at December 31, 2004 (1) 226,194,177 1,809,553,416
Exercise of stock options 425,050
Capital at December 31, 2005 (2) 226,619,227 1,812,953,816
Exercise of stock options 1,079,121
Capital at December 31, 2006 (3) 227,698,348 1,821,586,784
Share issue with pre-emptive subscription rights 13,412,969
Employee share issue 2,367,827
Exercise of stock options 1,820,222
Capital au 31.12.2007 (4) 245,299,366 1,962,394,928
(1)  45.18 million increase in share capital,  240.90 million increase in additional paid-in-capital.
(2)
 3.40 million increase in share capital,  19.04 million increase in additional paid-in-capital.
(3)
 8.63 million increase in share capital,  52.06 million increase in additional paid-in-capital.
(4)
 140.8 million increase in share capital,  1,133 million increase in additional paid-in-capital.