156
Annual Report -
2013
-
Vivendi
Information About The Company |
Corporate Governance
| Reports
3
Trading in Company Securities
3.5.1.
Trading in Securities by Members of the Supervisory Board and the Management Board
3.5.
Trading in Company Securities
Vivendi complies with the General Regulations of the AMF and the
recommendations of the AFEP and MEDEF. Consequently, purchase
and sale transactions involving the Company’s securities are prohibited
during the period from the date when a member of the Supervisory
Board or Management Board becomes aware of precise market
information concerning the Company’s day-to-day business or prospects
which, if made public, would be likely to have a material impact on
the Company’s share price, up to the date when this information is
made public. In addition, such transactions are prohibited for a period
of 30 calendar days up to and including the date of publication of the
Company’s quarterly, semi‑annual and annual financial statements.
Vivendi prepares and distributes a summary schedule setting out the
periods during which transactions involving company’s shares are
prohibited (“blackout periods”). This schedule also makes clear that
the periods indicated do not preclude the existence of other blackout
periods that may apply, due to awareness of specific market information
concerning developments in Vivendi’s business or prospects which, if
made public, would be likely to have a material impact on the Company’s
share price.
Finally, at its meeting held on January 24, 2007, Vivendi’s Management
Board prohibited the use of all hedge transactions on the stock options,
on shares resulting from the exercise of stock options, on performance
shares, and on the Company’s securities in general, through the hedged
purchase/sale of shares or the use of any other option mechanism.
These prohibitions appear in the rules of the stock option and
performance share plans, and beneficiaries of these plans are reminded
of them in the individual award letters. This prohibition also appears
in the internal rules of the Supervisory Board and Management Board.
Pursuant to Article 223-26 of the General Regulations of the AMF, the
table below sets out transactions involving the Company’s securities
in 2013 up to the date of registration of this Annual Report that were
reported to the Company and to the AMF:
Name
Purchase
Sale
(a)
Date
Quantity
Unit price
in euros
Date
Quantity
Unit price
in euros
Compagnie de Cornouaille
(Bolloré Group)
03/22/13
50,000
16.111
06/11/13
60,000
14.7172
06/13/13
40,000
14.4676
07/05/13
200,000
14.654
07/08/13
213,597
14.756
07/18/13
347,000
15.1505
12/19/13
200,000
18.857
12/20/13
232,000
18.675
Vincent Bolloré
03/15/13
1,000
16.150
06/12/13
3,000
14.6940
Yseulys Costes
06/18/13
3,500
15.125
Pierre Rodocanachi
03/13/13
3,000
16.240
(a)
In 2013, no company shares were sold by members of the Supervisory Board or members of the Management Board.
