shareholding structure
At June 30, 2009, France Telecom S.A.’s share capital, based on the number of issued shares, amounted to 10,594,468,160 euros, comprising 2,648,617,040 ordinary shares with a par value of 4 euros each.
At June 30, 2009, the French State owned 26.97% of France Telecom S.A.’s share capital either directly or indirectly through ERAP and 26.98% of the voting rights.
To France Telecom's knowledge, no shareholder other than the French government or ERAP held, directly or indirectly, more than 5% of the capital or voting rights on the date of the document herein. The main shareholders in France Telecom do not have voting rights different from those of the other shareholders.
During the first half of 2009, France Telecom bought back 1,200,000 shares under the program authorized by the Shareholders’ Meeting of May 27, 2008 and delivered 10,262,398 shares in respect of the implementation of the free share award plan in France.
As authorized by the May 26, 2009 Annual Shareholders’ Meeting, the Board of Directors implemented a new share buyback program (“the 2009 Share Buyback Program”). This program was described in the France Telecom Registration Document fi led with the French Autorité des marchés fi nanciers on April 10, 2009.
changes in the distribution of capital during the last three fiscal years
To the best of France Telecom ’s knowledge, the substantial changes in the shareholder base in the last three years are the result of:
The sale by the French Government in June 2007 of 130 million shares representing 5% of the share capital, held directly or indirectly through ERAP, carried out through private placement with institutional investors;
The additional French Government sale in January 2008 of 14.4 million shares in an offering reserved for current and former employees of France Telecom ;
The award by the French Government in January and November 2008 of a total of 3.7 million bonus shares to current and former employees of France Telecom who had bought shares in offerings reserved for them in January and November 2005;
The transfer in December 2008 of 149.6 million shares by ERAP to the French Government.
find out more
Registration documents
At June 30, 2009, the French State owned 26.97% of France Telecom S.A.’s share capital either directly or indirectly through ERAP and 26.98% of the voting rights.
To France Telecom's knowledge, no shareholder other than the French government or ERAP held, directly or indirectly, more than 5% of the capital or voting rights on the date of the document herein. The main shareholders in France Telecom do not have voting rights different from those of the other shareholders.
During the first half of 2009, France Telecom bought back 1,200,000 shares under the program authorized by the Shareholders’ Meeting of May 27, 2008 and delivered 10,262,398 shares in respect of the implementation of the free share award plan in France.
As authorized by the May 26, 2009 Annual Shareholders’ Meeting, the Board of Directors implemented a new share buyback program (“the 2009 Share Buyback Program”). This program was described in the France Telecom Registration Document fi led with the French Autorité des marchés fi nanciers on April 10, 2009.
changes in the distribution of capital during the last three fiscal years
To the best of France Telecom ’s knowledge, the substantial changes in the shareholder base in the last three years are the result of:
The sale by the French Government in June 2007 of 130 million shares representing 5% of the share capital, held directly or indirectly through ERAP, carried out through private placement with institutional investors;The additional French Government sale in January 2008 of 14.4 million shares in an offering reserved for current and former employees of France Telecom ;The award by the French Government in January and November 2008 of a total of 3.7 million bonus shares to current and former employees of France Telecom who had bought shares in offerings reserved for them in January and November 2005;The transfer in December 2008 of 149.6 million shares by ERAP to the French Government. find out more
Registration documentscopyright France Telecom 2010
