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Share capital and share ownership
7.2 Treasury shares and DANONE call options held by the Companyand its subsidiaries
DANONE
REGISTRATION DOCUMENT 2015
309
Transactions on Company shares in 2015 and situation as of December 31, 2015
(in number of shares
except percentage)
Movements during the period
As of
December 31,
2014 Buybacks
Exercise of
DANONE
calls
Sales/
Transfers
Delivery
of shares
following
exercises of
stock-options
Delivery
of Group
performance
shares
As of
December 31,
2015
Acquisitions
30,769,360
−
−
−
−
−
30,769,360
Liquidity contract
−
602,195
− (602,195)
−
−
−
Hedging of stock-options and
Group performance shares
7,163,935
–
622,885
– (4,142,353)
(467,657)
3,176,810
Share cancellations
−
–
–
–
–
–
–
Shares held by the Company
37,933,295
–
–
–
–
–
33,946,170
Shares held by Danone Spain
5,780,005
–
–
–
–
–
5,780,005
Total shares held by the Group
43 713 300
602 195
622 885
(602 195)
(4 142 353)
(467 657)
39 726 175
Treasury shares held by the Company as of December 31, 2015
(in €, except percentage and share numbers)
As of December 31, 2015
Number of DANONE shares
33,946,170
Percentage of the share capital
5.2%
Value of DANONE shares held by the Company
Nominal value
8,486,543
Gross value
1,696,313,274
Average price of buybacks and sales of DANONE shares in 2015 and transaction fees
(in € per share)
Year ended December 31, 2015
Average price of buybacks
Liquidity contract
59.19
Exercise of DANONE call options
(a)
35.16
Average price of sales
Liquidity contract
59.27
Transaction fees
(b)
€0.2 million
(a) Exercise price of DANONE call options, excluding premium paid in 2011 for their acquisition.
(b) Total amount.
Market value of DANONE shares held by Danone and its consolidated subsidiaries
(in € except share price in € per share and number of shares)
As of December 31, 2015
Number of DANONE shares
39,726,175
Closing price
62.28
Value of DANONE shares held by the Group
At closing price
2,474,146,179
At closing price +10%
2,721,560,797
At closing price -10%
2,226,731,561