InformationregardingtheCompanyandcorporategovernance
1
7
112
I
LISI 2014FINANCIALREPORT
Thedurationofthestockrepurchaseprogram issetat18months.
The new stock repurchase program provides that the stock purchased
willservethe followingpurposes:
■■
To increase the activity of the stock on themarket by an Investment
Services Provider via a liquidity contract in accordance with the
professional code of ethics recognized by the AMF (the French stock
marketauthority,
■■
To grant stock options or free shares to employees and corporate
officersofthecompanyand/or itsconsolidatedgroup,
■■
Tokeepandusesharesasconsiderationorpaymentforpotentialfuture
acquisitions,
■■
Tocancelsharespurchased,subjecttotheapprovaloftheShareholders’
ExtraordinaryMeetingtobecalledata laterdate.
Themaximumpurchasepricemaynotexceed€40pershare.
Shouldderivativeproductsbeused, LISIS.A.will ensure that thepriceof
itsshares isnotmademorevolatileasaresult.
1.3
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Breakdownof sharecapitalandvotingrights – Shareholders' agreement
1.3.1Breakdownofsharecapitalandvotingrightsoverthepast3years
1.3.1.1Breakdownof sharecapital andvoting rights
Libellés
2014
2013
2012
as a%
of capital
as a%
of voting
rights
in number
of shares
as a%
of capital
as a%
of voting
rights
in number
of shares
as a%
of capital
as a%
of voting
rights
in number
of shares
CID
54.9
69.6 29,643,620
55.0
69.7 5,928,724
55.0
69.3 5,928,724
VMC
5.7
6.9 3,070,860
5.7
6.9
614,172
6
7.5
640,675
Other corporateofficers
0.3
0.3
152,945
0.3
0.2
27,214
0.4
0.5
48,167
TOTALCORPORATE
OFFICERS
60.8
76.7 32,867,425
60.9
76.8 6,570,110
61.4
77.2
6,617,566
ofwhichdirectors
0.2
0.2
90,325
0.15
0.12
15,650
0.22
0.20
23,450
FFP INVEST
5.1
3.2 2,750,000
5.1
3.2
550,000
5.1
3.2
550,000
Treasuryshares
2.7
1,442,328
2.8
304,314
2.9
314,980
Employees
1.3
0.8
677,650
1.2
0.8
133,250
1.4
0.9
152,500
Public
30.1
19.3 16,286,472
29.9
19.2 3,228,820
29.2
18.7 3,151,448
GRANDTOTAL
100.0
100.0 54,023,875
100.0
100.0 10,786,494
100.0
100.0 10,786,494
Shareholdersorgroupsofshareholderscontrollingmorethan3%ofshare
capital:
■■
The sole activity of CID, a company based at 28 Faubourg de Belfort
90100DELLE, is theownershipof LISI shares. AsatDecember 31, 2014,
it held 54.9%of share capital and69.6%of voting rights. CID’s capital
isheld inalmost equal proportionby three family shareholder groups
through familyholdings (FamilyKohler throughCIKO, FamilyPeugeot
through FFP Invest, Family Viellard through VMC). While family ties
existbetweenshareholders, theyarenotdirectlyrelated.
AtDecember31,2014, thecapitalofCIDbrokedownas follows:
–– CIKO for30%,
–– FFP Invest for25%,
–– VMC for28%ofthecapital,
–– Others for17%.
■■
The sole activity of CIKO, 28 faubourg de Belfort 90100DELLE is the
ownershipof LISI andCIDshares.AsatDecember 31, 2014, itheld0.1%
of share capital and 0.1% of voting rights. At the same date, it held
indirectly16.52%of thecapitalofLISIS.A.,beingatotalof16.62%of the
capital.
■■
As at December 31, 2014, FFP, a company based at 75 Avenue de la
GrandeArmée75116PARISheld5.1%ofsharecapitaland3.2%ofvoting
rights. At the same date, it held indirectly 13.85% of the capital of
LISIS.A.,beingatotalof18.95%ofthecapital.
■■
As atDecember 31, 2014, VMC, a companybasedat Routedes Forges
90120MORVILLARS,held5.7%of thecapitalofLISIand6.9%ofvoting
rights. At the same date, it held indirectly 15.25% of the capital of
LISIS.A., i.e. intotal20.9%ofthecapital.
To thecompany’sknowledge,noother shareholdersholdmore than3%
of share capital or voting rights, be it directly, indirectly or jointly (see
also1.3.2).
