SPIE (EPA:SPIE) - SPIE - Success for SPIE’s "2015 Share For You" employee shareholding plan

Transparency directive : regulatory news

11/12/2015 08:00

Press Release

     Success for SPIE's "2015 Share For You" employee shareholding plan

          53% of employees are now shareholders in the SPIE Group

Cergy, 11 December 2015 - SPIE has announced the success of its new "2015 Share
For You" employee shareholding plan. Following the offering's launch on October
1st, the subscription rate reached 97% of the maximum authorised amount of EUR55
million, with a subscription price of EUR13.05 per share after application of
the Group employees' discount. Settlement-delivery of the shares took place on
10 December 2015.

Launched in 14 countries, this new employee shareholding offer was designed to
maximise employees' involvement in the new momentum that the listing would give
to the Group. The offering achieved a subscription rate of nearly 43% at Group
level and 56% in France, making it an undeniable success.
By the end of this process, 4,076,156 shares had been issued, raising more than
EUR53 million.
Along with the existing shareholding plans, this means 20,000 employees
(representing 53% of the workforce) are now SPIE shareholders, with 4.7% of the
company's share capital.
Compared with the previous employee shareholding plan in 2011, the number of
eligible employees  has increased from 24,000 to 33,800 as a result of the
Group's growth in Germany and the availability of the offer in Morocco and
Poland, as well countries that SPIE Oil & Gas Services operates in: the Republic
of Congo, the United Arab Emirates, Gabon and Malaysia. The high level of
take-up in five non-European countries, which were included for the first time
in this type of operation, is a particular source of satisfaction. It is also
worth highlighting the level of take-up in Germany which reached 27%;  a very
significant rate for a subsidiary acquired as recently as 2013.

"This result is very gratifying and means that SPIE has one of the highest
proportions of employee shareholders of any European company," emphasises SPIE
Chairman and CEO Gauthier Louette. "Employee shareholding is a long-standing
tradition in our Group. It creates a strong, lasting bond. The undeniable
success of our '2015 Share For You' scheme shows that the people working at SPIE
have confidence in their company's future."

Share ownership structure as of 10 December 2015 (% of share capital)

45.1%      Consortium (1)
33.0%      Public
13.2%      Managers(2)
4.7%      Employee shareholders
4.0%      Caisse de Dépôt et placement du Québec (3)

(1) Clayax Acquisition Luxembourg 5 S.C.A. (65%-held by funds controlled,
    managed or advised by Clayton, Dubilier & Rice, 17.5%-held by funds
    controlled, managed or advised by Ardian and 17.5%-held by Caisse de dépôt
    et placement du Québec).
(2) Current and former managers
(3) Stake directly held by Caisse de dépôt et placement du Québec pursuant to
    the order placed in the global offering.

About SPIE

As the independent European leader in multi-technical services in the areas of
energy and communications, SPIE supports its customers to design, build, operate
and maintain energy-efficient and environmentally-friendly facilities.
With more than 38,000 employees working from close to 550 sites in 35 countries,
SPIE achieved consolidated revenues of EUR 5.22 billion in 2014 and consolidated
EBITA of EUR 334 million.

www.spie.com
https://www.facebook.com/SPIEgroup
http://twitter.com/spiegroup

                    Press contacts

SPIE                               Agence Droit Devant
Pascal Omnès                       Philippe Hériard
Communications Director            Tel. + 33 (0)1 39 53 53 33
Tel. + 33 (0)1 34 22 58 21         heriard@droitdevant.fr
pascal.omnes@spie.com

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