To become a shareholder, you have to contact your broker (bank, asset manager, stock exchange member firm, on-line broker) in order to buy BIC shares.
The different methods for holding shares are the following:
Bearer shares: Bearer shares are held for you by a broker. The issuing company is not informed of the owner's identity.
Nominative shares: Nominative shares are recorded directly in the books of the issuing company, which provides personalized service.
Advantages of BIC Group nominative shares: - the shareholder benefits from waived custodian fees and negociated management fees;
- BIC Group information is sent directly to him;
- A voting right which is double the right conferred on the other shares, in light of the portion of the share capital they represent, is attributed to all the fully paid-up shares for which proof is provided of a nominative registration for at least two years in the name of the same shareholder.
To convert your bearer shares into nominative shares, instruct the financial institution that manages your bearer shares to transfer them to our share custodial service, indicated below:
Département des Titres
32 rue du Champ de Tir
44312 NANTES Cedex 3
Every BIC shareholder, who holds more than one share, can participate, be represented by another shareholder or his spouse, give the Chairman proxy to vote in his name or vote by post at the Shareholders' Meeting.
Your shares must be recorded 3 market-days before the Meeting.
If you hold registered shares, notice and Information Brochure are directly sent to you by mail. To simplify formalities when attending the Shareholders' Meeting, you are asked to fill in the entrance card form attached to the Notice to attend and return it to Société Générale, the manager of BIC shares account. We ask you to take either your ID or your entrance card to attend the Shareholders' Meeting.
If you hold bearer shares you must ask your financial intermediary to provide SOCIÉTÉ GÉNÉRALE with a certificate that proves you are a shareholder. The latter will forward to you your entrance card.
For bearer shares, the dividend is paid by the institution managing the bearer's account.
For registered shares, held directly or by an intermediary, the dividend is sent to the shareholder's domicile or credited to his account, as desired.
In order to have the right to a dividend, you need only be the owner of the share on the date of "coupon payment", that is, the date on which the share price is mathematically decreased by the amount of the dividend.
Holding at least one share gives the following rights:
The right to a dividend: Each year shareholders receive a dividend corresponding to a part of the company's earnings.
The right to information: Shareholders may obtain information on the life of the company and its earnings, and have access to various company documents. BIC publishes earnings statements every quarter.
The right to vote: Each share gives a right to vote which you can use on the resolutions proposed to you at general meetings.