LISI FINANCIALREPORT2013 I
105
INFORMATIONREGARDINGTHECOMPANYANDCORPORATEGOVERNANCE
7
Thepercentageof share capital heldby staffmembers isnot significant
(1.2%ofthesharecapital).
1.3.1.2Shareholders’ agreement -Acting inconcert
There is no shareholders' agreement for the company LISI S.A. and
no shareholders (other than those listed in paragraph 1.3.1.4) have
represented that theyhavebreached the thresholdof between 3%and
5%,asprovided for intheby-laws.
To thebestofLISI’sknowledge,on thedateonwhich thisdocumentwas
drafted, there exists no action in concert, as defined in articles L233-10
andL233-11ofthecommercialcode.
1.3.1.3Pledging
To the company’s knowledge, no pure registered shares have been
pledgedascollateral.
1.3.1.4Collective retentioncommitments
"Dutreil" agreement (article885 I of theGeneral TaxCode) regarding
LISI S.A. securities
UnderArticle885 Ibisof theGeneral TaxCode ("CGI"), acommitment to
retainshareswassubscribed foraperiodof twoyearsandoneday from
December 17, 2010byCompagnie IndustrielledeDelle ("CID"),Mr.Gilles
Kohler, Mr. Jean-Philippe Kohler and Mr. Emmanuel Viellard. This
commitment is renewed by tacit agreement from one year to another
asofDecember 19, 2012. This commitment involves 5,929,125 sharesand
11,857,849LISIS.A.votingrights,brokendownas follows:
Shares
% capital
Voting rights
% voting rights
CID
5,928,724
55.0%
11,857,448
69.60%
Mr.GillesKohler
200
<0.01%
200
<0.01%
Mr. Jean-PhilippeKohler
1
<0.01%
1
<0.01%
Mr.EmmanuelViellard
200
<0.01%
200
<0.01%
Total
5,929,125
55.0%
11,857,849
69.60%
Soas tobeable tobenefit from the taxbreakas regards SolidarityTax
onWealth, the Compagnie Industrielle de Delle, Mr. Gilles Kohler, Mr.
Jean-PhilippeKohlerandMr. EmmanuelViellardhave individuallymade
acommitment tokeep their shares inLISI S.A. foraperiodof four years,
ontheexpiryof thetwo-yearretentionperiodstipulated inthecollective
commitment.
"Jacob" agreement (article 787B of the General Tax Code) regarding
LISI S.A. securities
Under Article 787 B of the General Tax Code ("CGI"), a commitment
to retain shares was subscribed fromDecember 17, 2010 for a period
of two years and one day by Compagnie Industrielle de Delle ("CID"),
Mr. Gilles Kohler, Mr. Jean-Philippe Kohler andMr. Emmanuel Viellard.
This commitment involves5,929,125 sharesand 11,857,849LISI S.A. voting
rights,brokendownas follows:
Shares
% capital
Voting rights
% voting rights
CID
5,928,724
55.0%
11,857,448
69.60%
Mr.GillesKohler
200
<0.01%
200
<0.01%
Mr. Jean-PhilippeKohler
1
<0.01%
1
<0.01%
Mr.EmmanuelViellard
200
<0.01%
200
<0.01%
Total
5,929,125
55.0%
11,857,849
69.60%
So as to be able to benefit from the tax break as regards inheritance
andgift tax, theCompagnie IndustrielledeDelle,Mr. Gilles Kohler,Mr.
Jean-PhilippeKohlerandMr. EmmanuelViellardhave individuallymade
acommitment tokeep their shares inLISI S.A. foraperiodof four years.
At the end of the two-year retention period, the commitment will be
tacitlyrenewablebyperiodsofoneyear,yearonyear,asstipulated inthe
collectivecommitment.
On thedate of this document, these commitmentsmadeunder article
885 Ibisandarticle787BoftheGeneralTaxCodehavebeenkept.
It is also stated that CIKO holds 48,030 CID shares for a total value
amountedto159,495sharesatDecember31,2013.
