Annual Report 2017

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62 Rothschild & Co | Annual Report 2017
Information on the Company and share capital
Summary of the threshold disclosure requirements
Thresholds (%) Disclosure to the Company Disclosure to the AMF Related obligations
1.00% and any multiple Yes No
5.00% Yes Yes
10.00% Yes Yes Statement of intent
15.00% Yes Yes Statement of intent
20.00% Yes Yes Statement of intent
25.00% Yes Yes Statement of intent
30.00% Yes Yes Public takeover bid or offer of exchange(1)
33.33% Yes Yes
50.00% Yes Yes
66.66% Yes Yes
90.00% Yes Yes
95.00% Yes Yes
(1) Requirement also applicable in the event of an increase of more than 1% of the share capital or voting rights within a period of 12 consecutive months for persons holding between 30% and 50% of
the Company’s share capital or voting rights.
In the event of a failure to comply with the disclosure requirements provided for above, the securities that exceed the fraction that should have been
declared may be deprived of voting rights at all General Meetings held for a period of two years.
Each month, the Company publishes a report on its website disclosing the total number of shares and voting rights comprising the share capital on the
last day of the previous month under the Section “Regulated Information”). Shareholders are invited to refer to these monthly
publications to determine whether they are subject to the threshold disclosure requirements described above.
3.2.2 Legal thresholds disclosures during the nine-month financial period
By notification received by the AMF on 28 June 2017, the AMF was informed of the sale of all the shares held by the Eranda Rothschild Foundation on 22 June
2017. On this occasion, the AMF was informed that the Enlarged Family Concert did not cross any threshold (AMF Decision & Information No. 217C1391 of
29 June 2017).
3.3 Shares held by the Company’s employees
As required under Article L. 225-102 of the French Commercial Code, employee share ownership in the share capital of the Company as at 31 December
2017 amounted to 0.05% of the share capital, held by a company mutual fund (Fonds Commun de Placement d’Entreprise) within an employee share
ownership scheme (Plan d’Épargne d’Entreprise).
3.4 Treasury shares held by the Company
As at 31 December 2017, Rothschild & Co held 909,770 of its own shares and certificates, without voting rights, as follows:
Total number of shares held by Rothschild & Co 764,730
• Allocated to the liquidity contract 24,000
• Allocated to the stock options coverage(1) 428,624
• Other treasury shares(2) 312,106
Number of investment certificates held by Rothschild & Co 145,040
Total of shares and investment certificates held by Rothschild & Co 909,770
% of the share capital 1.18%
Book value €21,810,447
(1) Transactions disclosed to the AMF and published on the website of Rothschild & Co (Press release of 22 October 2015).
(2) Including shares formerly held by Compagnie Financière Martin Maurel, which were transferred to Rothschild & Co in accordance with the framework of the merger with Compagnie Financière
Martin Maurel.