Ubisoft 2014 Annual Report Download - page 231

Corporate Information
2014
226
Previous wording
New wording
[additions = quotes, bold, italic and
underlined]
ARTICLE 7:
Each share shall give rights to ownership of
the corporate assets and the liquidating
dividend equal to the proportion of the share
capital that it represents.
Whenever it is necessary to own several
shares in order to exercise a right of any kind,
especially in the event of the exchange,
consolidation or allocation of shares, or
following a share capital increase or
reduction of whatever form, regardless of the
terms and conditions thereof or subsequent
to a merger or any other transaction,
shareholders having fewer than the required
number of shares may only exercise their
rights on the condition that they make it their
own business to group together and, if
applicable, purchase or sell the required
number of shares or fractional shares or
rights.
ARTICLE 7:
[transposed to 1st paragraph of II. below]
I. Common stipulations for shares
Whenever it is necessary to own several
shares in order to exercise a right of any
kind, especially in the event of the
exchange, consolidation or allocation of
shares, or following a share capital
increase or reduction of whatever form,
regardless of the terms and conditions
thereof, or subsequent to a merger or
any other transaction, shareholders
having fewer than the required number
of shares may only exercise their rights
on the condition that they make it their
own business to group together and, if
applicable, purchase or sell the required
number of shares or fractional shares or
rights.
ARTICLE 8:
A double voting right, over that granted to
other shares, having regard to the proportion
of the share capital they represent, is granted
to all fully paid-up shares that can be shown
to have been registered in the name of the
same shareholder for at least two years.
This right is also granted from issue to
registered shares granted free to a
shareholder by virtue of existing shares for
which the shareholder already has this right
in the case of capital increases via the
capitalization of reserves, earnings or issue
premiums.
ARTICLE 8:
II. Other rights attached to ordinary
shares
Each ordinary share shall give rights to
ownership of the corporate assets and
the liquidating dividend equal to the
proportion of the share capital that it
represents.
A double voting right, over that granted
to other shares, having regard to the
proportion of the share capital they
represent, is granted to all fully paid-up
shares that can be shown to have been
registered in the name of the same
shareholder for at least two years.
This right is also granted from issue to
registered shares granted free to a
shareholder by virtue of existing shares
for which the shareholder already has
this right in the case of capital increases
via the capitalization of reserves,
earnings or issue premiums.