2007 Annual report - Groupe M6

legal information
share capital, based either on current share capital, or as adjusted to take account of
any potential capital increase or reduction transactions that could take place during the
period.
This authorisation terminates the prior authorisation granted to the Management Board by
the Ordinary General Meeting on 2 May 2007.
The acquisition of shares, may be carried out by any means:
− to assure an active secondary market or the liquidity of the Métropole Télévision share
through an intermediary service provider through a liquidity contract in compliance with
the AFEI’s ethical code admitted by the AMF;
− to conserve shares purchased and ultimately use them via exchange or payment within
the framework of acquisitions, provided that the shares acquired for this purpose do not
exceed 5% of the Company’s share capital;
− to assure adequate coverage for share option plans and other forms of share allocations
to Group employees and/or executive officers within the conditions and according
to the methods permitted by law, notably by sharing in the profits of the entity, through a
company savings plan or by the granting of free shares;
− to assure adequate coverage of marketable securities giving right to Company shares
within the framework of current regulations;
− to cancel shares subject to approval of the 27 th resolution by the Extraordinary General
Meeting of shareholders.
The acquisition of these shares may be carried out by any means, including block purchases
of shares, and at times the Management Board considers appropriate, including during a
period of a public offer within stock market regulatory limits. The company retains the right
to use derivative products within the framework of applicable regulations.
The maximum purchase price is set at €30 per share. In the event of an increase in capital
by the allocation of free shares or a division or consolidation of shares, the price indicated
above will be adjusted by a factor equal to the ratio between the number of shares
comprising the share capital before and after the transaction.
The maximum amount of the transaction is therefore fixed at € 389,804,070.
The General Meeting confers full powers on the Management Board to proceed with
these transactions, set the terms and conditions, conclude all agreements and perform
all formalities.
M6 GROUP - 2007 annual report
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