2007 Interactive Registration Document - Renault
2007 Interactive Registration Document - Renault
2007 Interactive Registration Document - Renault
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5.3.2 RENAULT AND DIAC REDEEMABLE SHARES<br />
5.3.2.1 RENAULT REDEEMABLE SHARES<br />
CHARACTERISTICS<br />
<strong>Renault</strong> has issued a total of 2,000,000 redeemable shares with a par value<br />
FRF1,000/€152.45, in two fungible issues of 1,000,000, in October 1983 and<br />
October 1984.<br />
<strong>Renault</strong> redeemable shares are listed on Euronext Paris under ISIN code<br />
FR0000140014.<br />
The issue prospectus (in French) can be downloaded from the Finance section<br />
of the renault. com site or obtained on request from the Investor Relations<br />
Department (toll-free number 0800 650 650).<br />
Between March and April 2004 <strong>Renault</strong> made a public buyback offer for its<br />
redeemable shares at €450 per share. In all, 1,202,341 shares, or 60.12% of<br />
the total, were bought back and cancelled. The number of shares outstanding<br />
after the buyback was 797,659.<br />
Trading volumes and prices of <strong>Renault</strong> redeemable shares over the past eighteen months<br />
NUMBER OF SHARES TRADED<br />
RENAULT AND ITS SHAREHOLDERS 05<br />
MARKET FOR RENAULT SHARES<br />
NUMBER OF SHARES OUTSTANDING<br />
A total of 797,659 <strong>Renault</strong> redeemable shares were still outstanding<br />
at December 31, <strong>2007</strong>.<br />
PAYOUT IN <strong>2007</strong><br />
The interest on redeemable shares, paid on October 24, <strong>2007</strong> in respect<br />
of 2006, was €20.77 euros (€10.29 for the fi xed portion and €10.48 for the<br />
variable portion).<br />
The interest on redeemable shares for <strong>2007</strong>, payable on October 24,<br />
2008, will be €20.96 per share, breaking down into €10.29 for the fi xed<br />
portion and €10.67 for the variable portion (based on consolidated revenues<br />
of €40,682 million for <strong>2007</strong> and 39,969 million for 2006 on a consistent<br />
basis).<br />
PRICE in €<br />
CLOSE HIGH LOW<br />
September-06 2,219 950 958 931<br />
October-06 3,125 925 950 920<br />
November- 06 3,230 945 961 925<br />
December 06 4,760 940 940 920<br />
January-07 3,231 928 944 925<br />
February-07 3,937 919.8 925 910<br />
March-07 2,500 910 920 907<br />
April-07 2,943 922 935 910<br />
May-07 2,515 978 1,001 920<br />
June-07 6,170 1,080 1,080 1,006<br />
July-07 5,800 1,075 1,135 1,065<br />
August-07 1,981 1,040 1,077 1,022<br />
September-07 802 1,030 1,039 1,015<br />
October-07 1,489 1,018.5 1,030 985<br />
November -07 4,281 932 1,023.9 924.5<br />
December -07 8,822 874 927.9 873.8<br />
January-08 10,066 555 862 555<br />
February-08 5,905 533 593 532.5<br />
Source: Reuters.<br />
5.3.2.2 DIAC REDEEMABLE SHARES<br />
Diac, the French credit subsidiary of RCI Banque, issued 500,000 redeemable<br />
shares with a par value of FRF1,000/€152.45 in 1985.<br />
Diac redeemable shares are listed on Euronext Paris under ISIN code<br />
FR000047821.<br />
< TABLE OF CONTENTS ><br />
At December 31, <strong>2007</strong>, the number of redeemable shares issued by Diac<br />
in 1985 and still outstanding was 99,439 (par value €152.45), for a total value<br />
of €15,159,475.55.<br />
In the course of <strong>2007</strong> the share price fl uctuated between €189.60 and €198.01.<br />
It closed the year at €190.<br />
✦ Global Reporting Initiative (GRI) Directives <strong>Registration</strong> <strong>Document</strong> <strong>Renault</strong> <strong>2007</strong> 165<br />
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