Annual report 2006 - Dexia.com

GENERAL INFORMATION
MANAGEMENT REPORT
COMPTES CONSOLIDÉS
6.3. SHARE CAPITAL AS OF DECEMBER 31, 2006
As of December 31, 2006, the share capital amounted to
EUR 5,237,739,140.92 represented by 1,163,184,325 shares
with no nominal value, of which 359,271,947 registered
shares and 803,912,378 bearer shares. The shares are listed
on Euronext Brussels, Euronext Paris and the Luxembourg
Stock Exchange.
6.4. NOTIFICATIONS UNDER THE LEGISLATION
ON TRANSPARENCY
Under the terms of the law of March 2, 1989 on the publication
of large holdings in companies listed on the Stock
Exchange and on the basis of article 5 of the Articles of Association
of Dexia SA, shareholders are obliged to notify their
holding to the Banking, Finance and Insurance Commission
and to Dexia, if their equity interest reaches a threshold of
3%, then 5% or a multiple of 5%.
For the calculation of holding percentages, the numerator
consists of the number of effective voting rights and the
number of future voting rights, potential or not (resulting
from conversion rights and undertakings in, or subscription
rights to securities to be issued), held by the person making
the declaration. The denominator consists of the number of
effective voting rights and the number of future voting rights,
potential or not (resulting from conversion rights and undertakings
in, or subscription rights to securities to be issued) of
Dexia SA.
This notification is also obligatory in the following cases:
• in the event of takeover or sale of a company which must
itself submit a declaration;
• in the event of a decrease in voting rights to below one of
the aforementioned thresholds.
Moreover, in application of the “Protocol on the prudential
supervision of the Dexia Group” (see chapter Corporate Governance
on page 51), Dexia SA has asked its large shareholders
to inform the company and the Banking, Finance and
Insurance Commission as soon as possible prior to any of the
aforementioned transactions.
A declaration was introduced on the basis of aforementioned
provisions. The equity interest of Caisse des dépôts et consignations
exceeded on June 7, 2006 the threshold of 10%
(10.027%).
COMPTES SOCIAUX
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Dexia / Annual Report 2006