Solved:
@Lakotaubp yes, the installer was the problem.
I used 0.1.13 which is linked here:
https://devices.ubuntu-touch.io/device/hammerhead
This version has the bug. Then I downloaded 0.1.20 from Github:
https://github.com/ubports/ubports-installer/releases/tag/0.1.20-beta
This one seems to be working. Now I have Ubuntu Touch 16.04 on the Nexus 5 !
Thanks for your support