Nexans S.A.: Updated Details on Share Capital and Voting Rights
Nexans S.A. Share Capital and Voting Rights Details
This article presents an overview of Nexans S.A. and its share capital as well as voting rights under current regulations. It complies with the required declarations as stipulated in the French commercial code and financial regulations.
Company Information
Nexans S.A. operates within the regulated market of Euronext Paris, holding a prominent position in the electrical cable industry. The company's registered office is located at 4 Allée de l’Arche, 92400 Courbevoie, and is recognized under the RCS Nanterre 393 525 852.
Updated Data on Share Capital
As of the end of September, the total number of shares issued by Nexans S.A. stands at 43,753,380. This figure reflects the overall share capital, including both voting and non-voting shares.
Voting Rights Summary
Nexans details not only the theoretical voting rights but also the exercisable ones. According to the latest report:
Breakdown of Voting Rights
At the close of September, Nexans reported:
- Theoretical Voting Rights: 43,753,380
- Exercisable Voting Rights: 43,747,572
This delineation is important for investors to comprehend their influence during shareholder meetings and corporate decisions.
Shareholder Notification Requirements
Nexans S.A. has established provisions requiring shareholders to disclose their ownership when specific thresholds are crossed. For instance, if a shareholder acquires 2% or more of the company's share capital or voting rights, they must inform the company within a stipulated period.
Key Shareholder Regulations
An extract from Nexans' articles of association states that fully paid-up shares can be registered or held in bearer form, depending on the shareholder's preference. This flexibility allows shareholders to manage their investments according to their personal strategies.
Furthermore, maintaining transparency, any person, whether natural or legal, who holds a significant number of shares, must declare this to the company. Those crossing the 2% threshold are obligated to notify Nexans with a registered letter within 15 days. This rule is vital for ensuring that the company remains informed of its shareholder base.
Conclusion
Nexans S.A. continues to provide comprehensive insights related to its share capital and voting rights. This transparency not only fosters a better understanding of the company’s operations but also bolsters investor confidence. These disclosures are essential as they empower shareholders to make informed decisions regarding their investments and voting power within the organization.
Frequently Asked Questions
What is the total number of shares for Nexans S.A.?
Nexans S.A. has a total of 43,753,380 shares issued as of late September.
How many voting rights can shareholders exercise?
Shareholders can exercise 43,747,572 voting rights at present.
What is the notification threshold for shareholders?
Shareholders must notify the company when their ownership reaches 2% or more of the share capital or voting rights.
What options do shareholders have for shares?
Shareholders have the option to hold their shares either in registered or bearer form.
Where is Nexans S.A.'s registered office located?
The registered office of Nexans S.A. is at 4 Allée de l’Arche, 92400 Courbevoie.
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