SPIE (EPA:SPIE) - Success of employee shareholding plan, Share For You 2018
Transparency directive : regulatory news
19/07/2018 17:40
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Press releaseSPIE: success of employee shareholding plan
SHARE FOR YOU 2018
Cergy, July 19th, 2018 - SPIE announces the success of its employee
shareholding plan, SHARE FOR YOU 2018. This operation, which was deployed in 16
countries between 30th May and 18th June 2018, was aimed at offering the
Group's employees a new opportunity to become shareholders of their company on
preferential terms and to participate in the Group's performance and
development.
As a result, over 6,000 employees, over a third of whom are new shareholders,
took up the offer? on preferential terms. Their contribution represents just
over EUR21 million.
Following this operation, 1,471,793 new shares will be issued by SPIE on 20th
July 2018, representing close to 1% of the Group's share capital. Employee
shareholding will consequently amount to 4.4%.
This second operation offered to employees since SPIE's initial public offering
enables the Group to increase the number of employee shareholders to over 34%
of its total workforce.
In October 2017, SPIE joined the FAS IAS index, which brings together 32 French
companies identified as the most advanced in terms of employee shareholding.
* The main features of the SHARE FOR YOU 2018 offer were described in the press
release issued on 28th May 2018.
"With this operation, SPIE is consolidating its position as one of the European
groups with the highest percentage of staff shareholders", says SPIE Chairman
and Chief Executive Officer, Gauthier Louette. "Employee share ownership forms
part of our Group culture, and strengthens the lasting bond between the men and
women in SPIE and their company."
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 46,500 employees and a strong local presence, SPIE achieved in
2017 consolidated revenues of EUR6.1 billion and consolidated EBITA of EUR388
million.
www.spie.com
https://www.facebook.com/SPIEgroup
http://twitter.com/spiegroup
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