2014 Registration Document and Annual Financial Report - page 309

6
Capital and ownership structure
Share capital
6.2.3. FINANCIAL AUTHORIZATIONS
Shareholders have granted the Board of Directors the following authorizations.
Type of authorization
Date of
authorization
Nominal amount
authorized
Term and
expiry date
Utilization in 2014
Reduction of capital by canceling
treasury stock
Annual Meeting
of April 29, 2014
15
th
resolution
10% of the share capital
24 months
April 29, 2016
Issuance of shares and share
equivalents:
Annual Meeting
of April 25, 2013
13
th
to 17
th
resolutions
26 months
June 25, 2015
ƒƒ
with pre-emptive subscription rights
€340 million
ƒƒ
by public offering without
pre-emptive subscription rights
€34 million
with or without priority
subscription rights
ƒƒ
by restricted offering without
pre-emptive subscription rights
€34 million
ƒƒ
in connection with a stock-for-stock
offer
€34 million
ƒƒ
to increase the amount of any
issues that are oversubscribed
15% of the initial issue
(or according to legislation
prevailing on the issue
date)
ƒƒ
in payment for contributed assets
€34 million
Issuance of new shares by capitalizing
reserves, retained earnings
or additional paid-in capital
Annual Meeting
of April 25, 2013
18
th
resolution
€340 million
26 months
June 25, 2015
Blanket ceiling on the authorizations
to issue shares and/or other securities
(par value)
Annual Meeting
of April 25, 2013
19
th
resolution
ƒƒ
with or without pre-emptive
subscription rights
(13
th
to 18
th
resolutions)
€340 million
ƒƒ
without pre-emptive subscription
rights (14
th
to 17
th
resolutions)
€34 million
Employee share issue
Annual Meeting
of April 25, 2013
20
th
resolution
2% of the share capital
at April 25, 2013
26 months
June 25, 2015
Stock option plans for employees
and executive directors
Annual Meeting
of April 25, 2013
21
st
resolution
2.5% of the share capital
at April 25, 2013
(blanket ceiling including
stock granted without
consideration by virtue
of the 22
nd
resolution)
38 months
June 25, 2016
Stock grants without consideration Annual Meeting
of April 25, 2013
22
nd
resolution
2.5% of the share capital
at April 25, 2013
(blanket ceiling including
stock options granted
by virtue of the 21
st
resolution)
38 months
June 25, 2016
484,400 performance
shares granted on
June 18, 2014
Registration Document 2014
307
1...,299,300,301,302,303,304,305,306,307,308 310,311,312,313,314,315,316,317,318,319,...332
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