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Becoming a shareholder

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To become a SPIE shareholder, 3 ways of holding shares are possible in France: "bearer shares", "administrated registered shares" or  "direct registered shares". Find out all pros and cons of each holding way.

Bearer shares

Your ‘bearer shares’ are held by your chosen financial intermediary. With this type of share, the shareholder is not known by SPIE, except if the company makes an ad hoc TPI (1) (Titres au Porteur Identifiable [identifiable bearer shares]) request, by which a listed company can obtain a list of its shareholders on a given date from Euroclear, the only company authorized to carry out TPI survey.

Pros

  • trading on the stock market easily and in real time
  • free choice of your financial intermediary holding your bearer shares
  • simplified portfolio management (only one statement for your shares)

Cons

  • payment of custody fees
  • no systematic and personalized communication by the issuing company
  • required formalities to attend shareholders' meetings

(1) Pursuant to French law called « loi informatique et libertés » dated January 6, 1978, as amended, any shareholder has a right of access to and correction of the information related to him/her. Demands shall be sent to the investor relations department: investors@spie.com.

Administrated registered shares

Under the French system, your shares may be managed via the register kept by your financial intermediary. This approach to share management, in conjunction with SOCIETE GENERALE, means that we can directly send you personal invitations to SPIE General Meetings. Custody and transaction fees are to be agreed with your financial intermediary.

Pros

  • free choice of your financial intermediary holding your bearer shares
  • simplified portfolio management (only one statement for your shares)
  • systematic and personalized communication by the issuing company

Cons

  • payment of custody fees
  • transaction’s time potentially longer

Direct registered shares

Under the French system, directly registered securities are held on the shareholder's behalf by a financial institution chosen by the company itself. Shareholders are known by SPIE, enabling the company to provide a high-quality, personalized service, and pay no account charges for their shares in the company (charges are met in full by SPIE for as long as shares are held). Directly registered SPIE shares are managed by SOCIETE GENERALE.

As a directly registered shareholder, you benefit from numerous advantages:

  • Management charges for registered accounts are met by SPIE, for as long as you hold your shares. Only buy/sell transactions are subject to transaction fees.
  • A more direct relationship with the company: you will receive information from the Group, such as personal invitations to Annual General Meetings.

SPIE shares are listed in Paris (mnemonic SPIE / ISIN code FR0012757854).