FRF definition
Examples of FRF in a sentence
Partially using the authorisation granted by the Ordinary and Extraordinary General Meeting of shareholders held on 23 October 1986, the Board of Directors, at its meeting of 17 February 1987, decided to make a cash increase in the share capital by an amount of FRF 200,000,000 by issuing, at the price of FRF 753, 1 million new shares with a par value of FRF 200, thereby contributing FRF 753,000,000 to the Company.
As a result of 2,638 convertible bonds being converted into shares and 4,920 share subscription warrants being exercised, 4,606 new shares with a par value of FRF 40 with entitlement to dividends as from 1 January 1995 were issued in 1995 and the Company's shareholders' equity was thereby increased by a total amount of FRF 550,048.
In 1996, following the exercise of 41,410 share subscription warrants in the last quarter, 16,564 new shares with a par value of FRF 40 with entitlement to dividends as from 1 January 1996 were issued and the Company's shareholders' equity was thereby increased by a total amount of FRF 2,815,880.
As a result of 211,903 convertible bonds being converted into shares and 26,135 share subscription warrants being exercised, 222,357 new shares with a par value of FRF 40 with entitlement to dividends as from 1 January 1994 were issued in 1994 contributing a total amount of FRF 21,060,353 to the Company.
In exchange for the value of this contribution, the Company increased its share capital by an amount of FRF 96,728,480 by creating 2,418,212 new shares with a par value of FRF 40, fully paid up and allotted to General Electric Company.