Registration Document BOUYGUES

4
Legal and financial
information
Stock market information
occasional access to inside information is prohibited
from trading in the company’s shares. This
calendar is posted on the corporate intranet no
later than the start of the year to which it relates. It
is also sent annually to all persons on the insider
list, with a letter reminding them of their obligation
to refrain from trading during these periods.
The closed periods calendar can be consulted
on the corporate intranet at any time by those
concerned.
Directors, corporate officers and equivalents are
also sent a reminder by e-mail before the start of
each closed period.
In line with AMF recommendations, the closed
periods are:
> the 30 calendar days preceding publication
of the full-year, first-half and quarterly financial
statements of Bouygues, plus the date of publication;
> the 15 calendar days preceding publication of
quarterly sales figures, plus the date of publication;
> any period during which the person concerned
has inside information, plus the date of publication
of such information.
Under Article L.225-197-1 of the French
Commercial Code, any shares allotted free of
consideration (which does not currently apply to
Bouygues) may not be sold:
> during the ten trading days following publication
of the consolidated financial statements;
> during the ten trading days following publication
of inside information.
3.5 Transactions in
Bouygues shares by
directors, corporate officers
and persons referred to
in Article L. 621-18-2 of
the Monetary and Financial
Code
Under Article L.621-18-2 of the French Monetary
and Financial Code and Article 223-22 of the AMF
General Regulation, directors and corporate officers
are required to file an electronic declaration
with the AMF if they acquire, sell, subscribe for or
exchange shares of the company in which they
hold office, or in related financial instruments. This
declaration must be filed within the five trading
days following the transaction. Under Article 223-
23 of the AMF General Regulation, transactions of
a cumulative amount of no more than €5,000 in the
current calendar year do not have to be disclosed.
This declaration obligation applies to directors
and corporate officers, and to any person within
the company who has the power to make decisions
regarding the company’s development and
strategy and has access to inside information. it
also applies to people with close personal links
to such persons.
Article 223-24 of the AMF General Regulation
requires listed companies to keep an up-to-date
list of persons equivalent to directors and corporate
officers, and to communicate this list to the AMF
and to the persons concerned.
Each person concerned is informed by registered
letter with acknowledgment of receipt that they are
on the list, of the rules that apply to the holding,
disclosure and use of inside information, and of the
penalties for violations of such rules.
Whenever the list is updated, the new list is sent to
the AMF by e-mail. It is retained by the company
for the five-year period required under the AMF
General Regulation.
If a person is removed from the list, he or she
is informed of the fact by registered letter with
acknowledgment of receipt.
The table below discloses details of transactions
carried out by directors, corporate officers or
equivalent persons during 2011, as required by
Article 223-26 of the AMF General Regulation.
Person involved
Philippe Bonnave
Olivier Bouygues
Éric Guillemin
Olivier Roussat
Transaction
carried out
In a personal
capacity
In a personal
capacity
In a personal
capacity
In a personal
capacity
Nature of
transaction
Exercise
of options
Exercise
of options
Exercise
of options
Exercise
of options
Number of
transactions
Number of
shares
Amount
(€)
1 12,946 325,591.90
1 117,690 2,959,903.50
1 5,885 148,007.75
1
1
4,708
4,708
118,406.20
153,574.96
Since 2005, Bouygues has kept such a list, which
it communicates simultaneously to the persons
concerned and to the AMF.
BOUYGUES • 2011 Registration Document • LEGAL AND FINANCIAL INFORMATION • 203