Societe Generale: success of the 2023 Global Employee Share Ownership Programme
24 Luglio 2023 - 6:34PM
Societe Generale: success of the 2023 Global Employee Share
Ownership Programme
SUCCESS OF
THE 2023
GLOBAL EMPLOYEE SHARE OWNERSHIP
PROGRAMME
Press release
Paris, 24 July 2023
Societe Generale announces successful completion of its 2023
Global Employee Share Ownership Programme.
The capital increase, reserved for current and
retired employees under the framework of the Global Employee Share
Ownership Programme, has been completed.
Almost 50,000 current and retired employees in
40 countries have subscribed to the transaction.
The capital increase amounts to EUR 221.2
million, resulting in the issuance of 12,548,674 new shares.
Following the completion today, the share
capital stands at EUR 1,025,947,048.75 euros and comprises
820,757,639 shares with a nominal value of EUR 1.25 per share.
The impact on the CET 1 ratio will be around +6
basis point and will be effective in the capital ratio at the end
of Q3 23.
Details related to the number of voting rights and shares will
be updated and available on the Societe Generale website under
the section Monthly reports on total
amount of voting rights and shares.
Employee share ownership is a collective commitment mechanism
regularly implemented within Societe Generale to involve
employees actively and sustainably in the development of the
company and in contributing to and benefiting from long-term value
creation. The 2023 programme was the 30th offered by the Bank.
Press contacts:Jean-Baptiste Froville_+33 1 58 98 68 00_
jean-baptiste.froville@socgen.com Fanny Rouby_+33 1 57 29 11 12_
fanny.rouby@socgen.com
Societe Generale
Societe Generale is one of the leading European financial
services groups. Based on a diversified and integrated banking
model, the Group combines financial strength and proven expertise
in innovation with a strategy of sustainable growth. Committed to
the positive transformations of the world’s societies and
economies, Societe Generale and its teams seek to build, day after
day, together with its clients, a better and sustainable future
through responsible and innovative financial solutions.
Active in the real economy for over 150 years, with a solid
position in Europe and connected to the rest of the world, Societe
Generale has over 117,000 members of staff in 66 countries and
supports on a daily basis 25 million individual clients, businesses
and institutional investors around the world by offering a wide
range of advisory services and tailored financial solutions. The
Group is built on three complementary core businesses:
- French Retail
Banking with the SG bank, resulting from the merger of the
two Societe Generale and Crédit du Nord networks, and Boursorama.
Each offers a full range of financial services with omnichannel
products at the cutting edge of digital innovation;
-
International Retail Banking, Insurance and Financial
Services, with networks in Africa, Central and Eastern
Europe and specialised businesses that are leaders in their
markets;
- Global Banking and Investor
Solutions, which offers recognised expertise, key
international locations and integrated solutions.
Societe Generale is included in the principal socially
responsible investment indices: DJSI (Europe), FTSE4Good (Global
and Europe), Bloomberg Gender-Equality Index, Refinitiv Diversity
and Inclusion Index, Euronext Vigeo (Europe and Eurozone), STOXX
Global ESG Leaders indexes, and the MSCI Low Carbon Leaders Index
(World and Europe).
In case of doubt regarding the authenticity of this press
release, please go to the end of Societe Generale’s newsroom page
where official Press Releases sent by Societe Generale can be
certified using blockchain technology. A link will allow you to
check the document’s legitimacy directly on the web page.
For more information, you can follow us on Twitter
@societegenerale or visit our website societegenerale.com.
- Societe-Generale-GESOP-2023
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