These excerpts taken from the ACN 10-K filed Oct 19, 2009.
3. SUBSEQUENT EVENTS
On June 10, 2009, Accenture plc was incorporated in Ireland, as a public limited company, in order to effect moving the place of incorporation of the parent holding company of the Accenture group of companies (Accenture) from Bermuda to Ireland (the Transaction). On August 5, 2009, the shareholders of Accenture Ltd, the predecessor holding company of Accenture, voted in favor of the Transaction. The Transaction was subsequently completed on September 1, 2009, following approval from the Supreme Court of Bermuda, at which time Accenture Ltd became a wholly owned subsidiary of Accenture plc and Accenture plc became the parent holding company of Accenture. In the Transaction, all of the outstanding Class A and Class X common shares of Accenture Ltd were cancelled and Accenture plc issued Class A and Class X ordinary shares on a one-for-one basis to the holders of the cancelled Accenture Ltd Class A and Class X common shares, as applicable. As a result of the Transaction, Accenture SCA Class I common shares and Accenture Canada Holdings Inc. exchangeable shares, which were redeemable for, at the Companys election, cash or Accenture Ltd Class A common shares based on the market price of the Accenture Ltd Class A common shares at the time of the redemption, are now redeemable for, at the Companys election, cash or Accenture plc Class A ordinary shares based on the market price of the Accenture plc Class A ordinary share at the time of redemption.
On September 1, 2009, in connection with the Transaction, Accenture plc and Accenture Ltd entered into an Assumption and General Amendment Agreement (the Assumption Agreement) pursuant to which Accenture Ltd assigned to Accenture plc, and Accenture plc assumed, the SIP and ESPP equity incentive plans of Accenture Ltd, including all award or grant documents or agreements thereunder. All awards or grants under the equity incentive plans continue to be exercisable, issuable, held, available or vest upon the same terms and conditions as under the awards or grants prior to their assumption by Accenture plc, except that upon the exercise, issuance, holding, availability or vesting of those awards or grants, Accenture plc Class A ordinary shares are now issuable or available, or benefits or other amounts determined, in lieu of Accenture Ltd Class A common shares.
The Company has evaluated events and transactions subsequent to the Plans statement of financial condition date through the time of issuance on the filing date of these Financial Statements on October 19, 2009. Based on this evaluation, the Company is not aware of any events or transactions that occurred subsequent to the Plans statement of financial condition date but prior to filing that would require recognition or disclosure in these Financial Statements.