levées

English translation: (Two share matching plans) were exercised / (Two free share allocation programmes) were exercised...

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
French term or phrase:levées
English translation:(Two share matching plans) were exercised / (Two free share allocation programmes) were exercised...
Entered by: pooja_chic

16:49 Jun 20, 2012
French to English translations [PRO]
Bus/Financial - Accounting
French term or phrase: levées
Deux levées de plans d'attribution gratuite d'actions ont été opérées sur l'exercice 2011. Les actions
attribuées s'élèvent à xxxxx actions pour le plan provenant de la société absorbée et xxxxx actions
provenant d'un plan de la société absorbante.

From the accounting documents of a large international company.
Dareth Pray
United States
Local time: 04:21
(Two share matching plans) were exercised / (Two free share allocation programmes) were exercised...
Explanation:
Firstly I agree with Marc Theriault that here levées est inutile
Generally levées: exercise of an option
http://www.proz.com/kudoz/french_to_english/finance_general/...
http://www.proz.com/kudoz/french_to_english/law_patents/4696...
http://www.proz.com/kudoz/english_to_french/finance_general/...
Had it been un levee..we could use an exercise of ...
But deux is relating with plans...
So my suggestion:
Two share matching plans were exercised / Two free share allocation programmes were exercised...
http://www.eutelsat.com/investors/pdf/ETL-report-SO.pdf
Used brackets to differentiate whats being asked...
Selected response from:

pooja_chic
Grading comment
Thanks so much!
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +2(Two share matching plans) were exercised / (Two free share allocation programmes) were exercised...
pooja_chic
5 -1Events
Salih YILDIRIM
3awarding of free shares
Michel Ange Quay


Discussion entries: 1





  

Answers


2 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
awarding of free shares


Explanation:
this seems a very specific term in corporate finance.

refers to when free shares of a stock are awarded, distributed for free to shareholders.

consult this page
http://www.vernimmen.net/html/glossaire/definition_distribut...

or

http://www.hmrc.gov.uk/manuals/essum/essum23430.htm

and click free share.


    Reference: http://www.vernimmen.net/html/glossaire/definition_distribut...
    Reference: http://www.hmrc.gov.uk/manuals/essum/essum23430.htmhttp://
Michel Ange Quay
France
Local time: 13:21
Native speaker of: English

Peer comments on this answer (and responses from the answerer)
neutral  cc in nyc: oops; the term to be translated is "levées," not "attribution gratuite d'actions"
41 mins
Login to enter a peer comment (or grade)

3 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +2
(Two share matching plans) were exercised / (Two free share allocation programmes) were exercised...


Explanation:
Firstly I agree with Marc Theriault that here levées est inutile
Generally levées: exercise of an option
http://www.proz.com/kudoz/french_to_english/finance_general/...
http://www.proz.com/kudoz/french_to_english/law_patents/4696...
http://www.proz.com/kudoz/english_to_french/finance_general/...
Had it been un levee..we could use an exercise of ...
But deux is relating with plans...
So my suggestion:
Two share matching plans were exercised / Two free share allocation programmes were exercised...
http://www.eutelsat.com/investors/pdf/ETL-report-SO.pdf
Used brackets to differentiate whats being asked...

pooja_chic
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 16
Grading comment
Thanks so much!

Peer comments on this answer (and responses from the answerer)
agree  Jennifer Forbes
11 hrs
  -> Thanks Jenny

agree  Cetacea
18 hrs
  -> Thanks Catacea
Login to enter a peer comment (or grade)

17 hrs   confidence: Answerer confidence 5/5 peer agreement (net): -1
Events


Explanation:

Deux levées de plans d'attribution gratuite d'actions ont été opérées sur l'exercice 2011 - MEANS (to me);

Two bonus sharing events related to the activities were realized in year 2011.

Salih YILDIRIM
United States
Local time: 07:21
Native speaker of: Native in TurkishTurkish
PRO pts in category: 8

Peer comments on this answer (and responses from the answerer)
disagree  Cetacea: What on earth is a "bonus sharing event" supposed to be?
4 hrs
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