Universal Registration Document 2024
7 SHARE CAPITAL AND OWNERSHIP STRUCTURE ADDITIONAL INFORMATION ON THE SHARE CAPITAL AND PROVISIONS OF THE ARTICLES OF ASSOCIATION
Securities not representing share capital Aéroports de Paris' outstanding bond debt amounted to €7,400 million and €7,767 million for Groupe ADP at 31 December 2024, taking into account the effect of the hedge put in place on the nominal value of the bonds issued by TAV ($400 million). Details of the bonds and the foreign currency risk hedging policy are provided in Notes 9.4.1 and 9.5.3 to the consolidated financial statements presented in chapter 6.
Implementation of the programme: the Board of Directors decided, on 19 March 2025, subject to the condition precedent of the approval by the General Meeting of 15 May 2025 of the draft resolution relating to the authorisation to be given to the Board of Directors to trade in the Company's shares, and to implement the share buyback programme authorised by the said meeting pursuant to a liquidity contract entered into between the Company and an investment services provider, namely as of the date of filing of this document, Rothschild & Compagnie Banque. The sum of €30 million has been allocated to the implementation of this objective.
Share capital authorised but not issued The table below specifies (1) the delegations approved by the shareholders at the Extraordinary General Meeting of 21 May 2024 (the "EGM") for a period of 26 months and that were in effect on 31 December 2024, (2) the number of the draft resolutions concerned, and (3) the maximum nominal amount of each transaction.
Delegations given to the Board of Directors by the EGM
Resolution No.
Maximum nominal amount or ceiling as a percentage (authorisation for 26 months) €97 million, i.e. , 33% for dilutive capital increases (P) Overall ceiling from which the following sub-caps are deducted: u €97 million, i.e. , 33% in capital increases with preferential subscription rights 1 ;
Purpose
Dilutive capital increases
35
Overall ceiling on dilutive capital increases:
u €29 million, i.e. , 10% in capital increases without preferential subscription rights 3 ; u €29 million, i.e. , 10% in capital increases during the offer period 5 .
Capital increase €97 million (P16) i.e. , 33% in capital Issue of debt securities €500 million 2 Capital increase €29 million (P36) , i.e. , 10% in capital Issue of debt securities €500 million 2 Capital increase €29 million (P36) , i.e. , 10% in capital Issue of debt securities €500 million 2
Capital increase with preferential subscription rights
26
Capital increase without preferential subscription rights, by public offering (excluding private placement) Capital increase without preferential subscription right, through a private placement offer
27
28
15% of the initial issue (P46)
Increase in the number of shares in the event of a capital increase with or without preferential subscription rights Capital increase by incorporation of premiums, reserves, profits or other Capital increase reserved for subscribers to a Company savings plan Capital increase without preferential subscription rights as compensation for a public exchange offer initiated by the Company
29
Increase in the number of securities to be issued
Capital increase €97 million, i.e. , 33% in capital 4
30
Capital increase €2.9 million (P3) , i.e. , 1% in capital
31
Capital increase €29 million (P3) , i.e. , 10% in capital
32
€500 million 2
Issue of debt securities
Capital increase 10% of the share capital at the time of issue (P3)
Capital increase as compensation for contributions in kind Capital reduction by cancellation of treasury shares
33
34
Capital reduction 10% of the number of shares comprising the share capital Capital increase 10% of the number of shares comprising the share capital
36
Capital increase during the offer period (overall ceiling) for resolutions 26, 27 and 29
(P) With deduction from the overall ceiling for dilutive capital increases of €97 million in nominal value. 1 With deduction from the sub-ceiling for capital increases with preferential subscription rights of €97 million in nominal value. 2 With deduction from the overall ceiling for issues of Company debt securities of €500 million. 3 With deduction from the sub-ceiling for capital increases without preferential subscription rights of €29 million in nominal value. 4 Without deduction from the overall ceiling for dilutive capital increases. 5 With deduction from the sub-ceiling for capital increases of €29 million in nominal value in the event of a capital increase during the Company's offer period.
These delegations were not used during the 2024 financial year.
692
AÉROPORTS DE PARIS w UNIVERSAL REGISTRATION DOCUMENT 2024
Made with FlippingBook - Online Brochure Maker