Translation of "Prime à l'émission d'actions " (French → English) :

Shares issued for a consideration, in the course of an increase in subscribed capital, must be paid up to at least 25 % of their nominal value or, in the absence of a nominal value, of their accountable par. Where provision is made for an issue premium, it must be paid in full.

a statement whether the value arrived at corresponds at least to the number, to the nominal value or, where there is no nominal value, the accountable par and, where appropriate, to the premium on the shares to be issued for such consideration; and

2. The experts' report referred to in paragraph 1 shall contain at least a description of each of the assets comprising the consideration as well as of the methods of valuation used and shall state whether the values arrived at by the application of those methods correspond at least to the number and nominal value or, where there is no nominal value, to the accountable par and, where appropriate, to the premium on the shares to be issued for them.

While the Bloc Québécois does the only thing it is able to do, that is talk and criticize, our government is taking action, with $350 million for Quebec's green plan; regulations and mandatory targets for all major manufacturing sectors to stabilize and reduce greenhouse gas emissions; the ecoenergy initiative and a $2.4 billion investment in energy efficiency and renewable energy sources; and leadership in support of the Montreal protocol to stop the ozone layer from being depleted 10 years earlier than anticipated and, as a bonus ...[+++], reduce greenhouse gas emissions by 3.5% worldwide. In the 20 months they have been in power, the Conservatives have done more to counter climate change than the Bloc did in 17 years.

The Depositors Guarantee Fund unanimously approved the plan that included : a) The application of all the reserves and share premiums and reduction of the bank's share capital to offset losses in the amount of Ptas 20 bn, b) A capital increase in the amount of Ptas 180 bn by the Deposit Guarantee Fund, c) The purchase and the immediate resale to Banesto of deteriorate assets by the Deposit Guarantee Fund, with a loss of Ptas 285 bn at their nominal value, d) An interest-subsidy loan from the Deposit Guarantee Fund for an amount of Ptas 315 bn over four years, carrying an estimated cost for the Fund of Ptas 41 bn for foregone interests, e ...[+++]) The replacement of Banesto's president and management board.

That has to be part of the program of reintroducing the premium on flowthrough shares.