How to hold Paris Orléans shares
Share ownership formats
- Bearer shares : The financial intermediary of your choice buys and manages your securities but your ownership is not registered in the company's books and your identity can only be divulged when we occasionally ask Euroclear France to give us information on bearer shares. You will not, therefore, systematically receive information on the company. However, your shares can be grouped together with all securities in your portfolio within a single account held by your financial intermediary.
- Registered shares: This is a more personal way of holding your shares. We know your name and address and we can therefore provide a more complete service. Recording your registered shares can take two forms and you are free to chose which you prefer:
- Administered registered shares: you entrust your Paris Orléans shares to your financial intermediary, who manages them, but you ask to have them recorded in the Paris Orléans books as administered registered shares. As we are aware of your identity, we can provide you with a more personalised service. However, you will be required to pay custodian fees.
- Pure registered shares: your shares are registered at the Paris Orléans pure registered shares department which is managed by Securities Department of Société Générale in Nantes. This means that you are assured of systematically receiving complete information on our Group and that you can directly receive General Meeting admission packs. You will not be charged for custodian fees.
Advantages of registered shares
You are guaranteed a personalised service.
The fact that the company has your identity on its books means that:
- you will automatically receive all information documents concerning Paris Orléans, such as the Annual Report,
- you will directly receive a personal invitation to General Meetings by mail, as well as simplified procedures for participating at these. Your notice of invitation, the documents relative to voting by mail or by proxy and an admission card request will be sent to you automatically,
- Registered shareholders only have to provide proof of identity to attend a meeting. No proof that their shares have been locked up is required at the meeting date,
- Information on all of the company's financial operations (capital increases, bond issues, debt reimbursements, etc.) is automatically provided.
Advantages of pure registered shares
No custodian fees; continued management.
However, Paris Orléans does not pay custodian and management fees for administered registered shares which are handled by your financial intermediary, excluding Société Générale.
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Communication resources are made available to you at no cost by the Paris Orléans pure registered shares department. To consult and manage your registered share accounts, Société Générale is appointed by Paris Orléans, and proposes: Nomilia A telephone service available 24 hours a day, 7 days a week, in all languages: 0825 820 000 (call costs €0.125/min incl.tax) 00 33 2 51 85 67 89 (international) Using this service you can:
Nominet
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Opening an account for pure registered shares
If you wish to open an account to acquire Paris Orléans pure registered shares, you simply make a direct request by mail to the Securities Department of Société Générale in Nantes.
Service Titres nominatifs purs de la Société Générale
GSSI/GIS/NPO/NOM
32, rue du Champ de Tir - BP 81236
44312 Nantes Cedex 3
Or via fax : +33 (0)2 51 85 62 15
If you wish to transfer pure registered Paris Orléans shares, you simply make a written request to your financial intermediary who will handle the transaction by contacting the Securities Department of Société Générale in Nantes, at the address above. Similarly, subject to a written request on your part, the Société Générale Securities Department will transfer your bearer shares immediately and at no cost.
For share transactions
You may continue to buy or sell Paris Orléans shares with your financial intermediary, benefiting from rates applied by this person for your operations. Your intermediary will also organise the way in which your shares will be held in pure registered form with Société Générale.
You may also directly contact Société Générale to carry out your own buying or selling operations.
To submit orders to Société Générale to buy or sell Paris Orléans shares
Your orders must be submitted by mail, fax, Internet or telephone (see above for details). All orders are transmitted to the market within a maximum of two hours. At present, Société Générale does not offer a deferred payment option for registered shares.
Order payments
If buying shares, the shareholder must pay 50% of the purchase amount in support of the purchase; the balance is payable in support of the notice of market transaction. When the transaction payment is received by cheque, you will be recorded as a pure registered shareholder and will receive notice of subscription. If selling shares, the amount is paid directly by Société Générale by cheque or bank transfer (details for the destination account are required) within five working days following execution of the order for payment on delivery or immediate payment.
Payment by Société Générale of dividends on Paris Orléans shares
Payment method
Payments in cash will be made either by bank transfer or by cheque on the settlement day. We recommend that you transmit your bank details to Société Générale so that payments can be made directly to your bank account.
Tax follow-up
A single printed tax form relative to dividend payments and, if applicable, disposals over the course of the year, will be sent to you the following February. The calculation of capital gains or losses on disposals of shares is an additional procedure which can be carried out at the request of shareholders who are then billed for the service.
Paris Orléans shares as part of a share savings scheme
If you wish to hold your shares as part of a share saving scheme, you may classify them as pure registered shares.
Paris Orléans shares can be acquired for placement in a share saving scheme or a request can be made to have them classified as pure registered Paris Orléans shares as part of a share saving scheme opened with your financial intermediary.
However, purchase and sale orders must obligatorily be made via the financial intermediary in charge of managing your share saving scheme and the shares will be subject to custodian and management fees withdrawn from your account by the latter. It is important to make sure that this type of registration does not generate additional fees charged by intermediaries in connection with their own management procedures.
