APC 2014 Annual Report Download - page 322

8SHAREHOLDERS’ MEETING
SPECIAL REPORT FROM STATUTORY AUDITORS
Commissaires aux Comptes) for this type of engagement. These In accordance with article R. 225-116 of the French Commercial
procedures consisted in verifying the information provided in the Code, we will issue a supplementary report, if necessary, when
board of director’s report relating to this operation and the method your board of directors has exercised this authorisation.
used to determine the issue price of the share or of the equity
Signed in Paris-La-Défense and in Courbevoie,
securities to be issued.
onMarch13,2015
Subject to subsequent examination of the conditions for the issue
The Statutory Auditors
that would be decided, we have no matters to report as to the
ERNST & YOUNG ET AUTRES Yvon Salaün
methods used to determine the issue price for the equity securities
MAZARS David Chaudat
to be issued provided in the board of director’s report.
As the final conditions for the issue have not yet been determined,
we cannot report on these conditions and, consequently, on the
proposed cancellation of the preferential subscription rights.
Statutory auditors’ report on the reduction of capital
To the Shareholders, terms and conditions of the proposed capital reduction, which is
not likely adversely to affect the equality of shareholders, are in
In our capacity as statutory auditors of your company and in order.
compliance with article L. 225-209 of the French Commercial
Code (Code de commerce) in the event of a capital reduction by We have no comment to make on the causes for and the terms
cancellation of acquired shares, we have prepared this report in and conditions of the proposed capital reduction.
order to inform you of our opinion on the causes for and the terms
and conditions of the proposed capital reduction.
Signed in Paris-La Défense and in Courbevoie,
Your board of directors proposes that you delegate to the board,
onMarch13,2015
for a period of 24 months from the date of this shareholders’
The statutory auditors
meeting, all powers to cancel, up to 10% of company capital per
24-month period, the shares purchased under the implementation
of an authorization of purchase by your company of its own shares
ERNST & YOUNG et Autres MAZARS
under the provisions of the aforesaid article.
Yvon Salaun David Chaudat
We have performed those procedures which we considered
necessary to comply with the professional guidance issued by the
French national auditing body (Compagnie Nationale des
Commissaires aux Comptes) for this type of engagement. These
procedures consisted in examining whether the causes for and the
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