2007 Annual report - Groupe M6

financial accounts
notes to the consolidated financial statements
30.5
Transactions with executive officers
and directors
The remuneration paid in 2007 to members of the Management Board amounted to
€ 2,975,628, of which € 1,878,573 was fixed and € 1,097,055 variable.
Members of the Supervisory Board were paid attendance fees amounting to € 111,929
and they held 1,800 Group shares at 31 December 2007.
75,500 options relating to the share purchase plan of 2 May 2007 were allocated to
members of the Management Board during the financial year at a price of € 27.52.
No Management Board member exercised any share subscription options during the
financial year.
25,167 free shares were granted to Management Board members on 2 May 2007,
exercisable on 3 June 2009 subject to them still being employed by the Company at that
date and to the achievement of performance criteria. Due to the fact that plan objectives
have been exceeded, the number of shares to be issued on 3 June 2009 may total
25,490.
The 43,440 free shares allocated as part of the plan of 2 June 2007 were transferred to
Management Board members on 3 June 2007.
In addition, in this respect and in accordance with the same conditions as Group employees,
the members of the Management Board may benefit from a legally binding end of career
payment. The overall cost and terms and conditions of determination are described in note
4.14.
31.
Subsequent events
On 13 February 2008, M6 Éditions acquired the 50% stake in Femmes en Ville previously
held by the founder of the magazine and financial shareholders.
On 26 February 2008, M6 acquired the company Hugo Films in full. With Hugo Films, a
film production company that owns a catalogue of feature films, the Group consolidated
its position in the Audiovisual Rights distribution business.
On 5 March 2008, The Council of State cancelled the addendum to the Edi TV (W9)
agreement, negotiated with the CSA prior to the effective launch of DTT in March 2005.
This addendum was the subject of a claim by competing channels (TF1 and NRJ groups)
since 2005.
The decision by the Council of State did not related to adjustments made to the framework
of the addendum, considering they conform to the law, and thus had no effect on the
M6 GROUP - 2007 annual report
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