Legal Information

As a listed company, Coface is committed to providing accurate and timely information about its activities to its clients, partners, shareholders and investors.

General Introduction

COFACE SA is a société anonyme (joint-stock corporation) with a conseil d’administration (Board of Directors), incorporated under the laws of France, and is governed by the provisions of Volume II of the French Commercial Code (Code de Commerce). The Company is the holding company of the Coface Group.

Registered office:1 Place Costes and Bellonte, 92270 Bois Colombes, France

Register No.: No. 432 413 599, with the Nanterre Trade and Companies Registry

As a decision-making and management body, the Company is a non-operational holding company and plays a vital financial role in the Coface Group, performing management, financing and advisory activities for its subsidiaries; it also manages operating activities.

Major Subsidiaries

The chief operating subsidiary of the Coface Group is Compagnie française d’assurance pour le commerce extérieur. It is the principal operating company and the principal insurance company of the Coface Group.

Compagnie française d’assurance pour le commerce extérieur owns the two Coface Group companies authorized to engage in factoring activities - Coface Finanz (Germany) and Coface Factoring Poland (Poland).

Information on the total number of voting rights and shares comprising the share capital of the company at 31 march 2024

(Article L. 233-8 II of the French Commercial Code and 223-16 of the General Regulation of the French Market Regulator)

In general, a shareholder is entitled to one vote per share at any general meeting (Resolution No.10 "Amendment of company by-laws on shareholders’ double voting right", adopted by the Shareholders General Meeting of May 18th 2015). 

NB: In addition to the legal thresholds, the Company’s by-laws provide that so long as the Company’s shares are traded on a regulated market, any person or entity, acting alone or in concert with others, who comes to own, directly or indirectly, 2% or more of the share capital or voting rights of the Company (calculated in accordance with the provisions of Articles L.233-7 and L.233-9 of the French Commercial Code and the provisions of the AMF General Regulation) and thereafter increases or decreases its shareholding by an amount greater than or equal to 2% of the share capital or voting rights, including above the legal thresholds, must notify the Company (by registered letter with acknowledgment of receipt), within four (4) trading days from the date on which any such person or entity complies with the notification requirements.

Each category in the first column groups several agencies
DateShares capital in EURNumbers of Shares CapitalTheorical Number of Voting Rights (1)Real number of Voting Rights (2)
31 march 2024 300,359,584 150,179,792 150,179,792 149,462,327

Including own shares   (2) Excluding own shares

NB: In addition to the legal thresholds, the Company’s by-laws provide that so long as the Company’s shares are traded on a regulated market, any person or entity, acting alone or in concert with others, who comes to own, directly or indirectly, 2% or more of the share capital or voting rights of the Company (calculated in accordance with the provisions of Articles L.233-7 and L.233-9 of the French Commercial Code and the provisions of the AMF General Regulation) and thereafter increases or decreases its shareholding by an amount greater than or equal to 2% of the share capital or voting rights, including above the legal thresholds, must notify the Company (by registered letter with acknowledgment of receipt), within four (4) trading days from the date on which any such person or entity complies with the notification requirements.

Communication setting out the arrangements for supplying the interim financial report for the first half of 2023

Copies of the Interim Financial Report for the first half of 2023 are available, free of charge and on request by writing to the Company at 1 place Costes et Bellonte, 92270 Bois-Colombes, as well as on the websites of the Company  (www.coface.com/Investors).