Capgemini launches its eleventh Employee Share Ownership Plan
11 Settembre 2024 - 5:45PM
UK Regulatory
Capgemini launches its eleventh Employee Share Ownership Plan
Media relations:
Victoire Grux
Tel.: +33 6 04 52 16 55
victoire.grux@capgemini.com
Investor relations:
Vincent Biraud
Tel.: +33 1 47 54 50 87
vincent.biraud@capgemini.com
Capgemini launches its eleventh Employee
Share Ownership Plan
Paris,
September 11, 2024
– Capgemini announces
the launch of
its eleventh
Employee Share
Ownership Plan
(ESOP).
This new employee share ownership plan is
offered to approximately 97% of the employees and is part of the
Group’s policy to associate all employees with its development and
performance. This ESOP will be implemented through a capital
increase reserved for the Capgemini employees for a maximum of
2,700,000 shares (i.e. 1.56% of outstanding shares). As the 2019
ESOP reaches its term at the end of the year, this eleventh plan
will help maintain employee shareholding at around 8% of Capgemini
SE’s share capital.
As in 2023, the Board of Directors of Capgemini
SE at its meeting of June 12 and 13, 2024 decided to authorize a
dedicated share buyback envelope. This envelope could be used
within the next 12 months1 to neutralize all or part of
the dilutive effect of this capital increase.
According to the planned schedule, the
reservation period will be opened from September 12 to October 1,
2024 (inclusive) and will be followed by a subscription/revocation
period from November 12 to November 14, 2024 (inclusive). The
subscription price of the new shares will be set on November 7,
2024 and the capital increase will be completed on December 19,
2024.
Employees will be able to subscribe to Capgemini
shares within the framework of subscription leveraged and
guaranteed formulas. These formulas will ensure that employees will
be safeguarded against any potential loss during the period when
the shares are non-tradable. The voting rights will be exercised by
the holders who – depending on the formula and the context – will
be an FCPE (Fonds Commun de Placement d’Entreprise), the
employees via direct shareholding and/or the financial institution
structuring the offer or its counterparties.
The implementation of the leveraged guaranteed
offering implies hedging transactions entered into by the financial
institution structuring the offer (Crédit Agricole Corporate and
Investment Bank), on market or off- market, through purchases
and/or sales of shares, purchase of call options and/or any other
transactions, at any time, including during the Reference
Price2 fixing period, i.e. from October 10 to November
6, 2024, and over the entire course of the plan, i.e. until
December 19, 2029.
DISCLAIMER
This press release may contain forward-looking statements. Such
statements may include projections, estimates, assumptions,
statements regarding plans, objectives, intentions and/or
expectations with respect to future financial results, events,
operations and services and product development, as well as
statements, regarding future performance or events. Forward-looking
statements are generally identified by the words “expects”,
“anticipates”, “believes”, “intends”, “estimates”, “plans”,
“projects”, “may”, “would”, “should” or the negatives of these
terms and similar expressions. Although Capgemini’s management
currently believes that the expectations reflected in such
forward-looking statements are reasonable, investors are cautioned
that forward-looking statements are subject to various risks and
uncertainties (including without limitation risks identified in
Capgemini’s Universal Registration Document available on
Capgemini’s website), because they relate to future events and
depend on future circumstances that may or may not occur and may be
different from those anticipated, many of which are difficult to
predict and generally beyond the control of Capgemini. Actual
results and developments may differ materially from those expressed
in, implied by or projected by forward-looking statements.
Forward-looking statements are not intended to and do not give any
assurances or comfort as to future events or results. Other than as
required by applicable law, Capgemini does not undertake any
obligation to update or revise any forward-looking statement.
This press release does not contain or constitute an offer of
securities for sale or an invitation or inducement to invest in
securities in France, the United States or any other
jurisdiction.
IMPORTANT NOTICE
This press release does not constitute an offer
to sell or a solicitation of offers to subscribe to Capgemini
shares. The capital increase of Capgemini reserved for employees
will be conducted only in countries where such an offering has been
registered with or notified to the competent local authorities
and/or following the approval of a prospectus by the competent
local authorities or in consideration of an exemption of the
requirement to prepare a prospectus or to proceed to a registration
or notification of the offering.
More generally, the offering will only be conducted in countries
where all required filing procedures and/or notifications have been
completed and the required authorizations have been obtained.
ABOUT CAPGEMINI
Capgemini is a global business and technology
transformation partner, helping organisations to accelerate their
dual transition to a digital and sustainable world while creating
tangible impact for enterprises and society. It is a responsible
and diverse group of 340,000 team members in more than 50
countries. With its strong over 55-year heritage, Capgemini is
trusted by its clients to unlock the value of technology to address
the entire breadth of their business needs. It delivers end-to-end
services and solutions leveraging strengths from strategy and
design to engineering, all fuelled by its market-leading
capabilities in AI, cloud and data, combined with its deep industry
expertise and partner ecosystem. The Group reported 2023 global
revenues of €22.5 billion.
Get the future you want | www.capgemini.com
1 As from June 13, 2024, subject to renewal by
the Shareholders’ Meeting of the share buyback authorization
currently in force.
2 The Reference Price corresponds, in accordance with the
provisions of Article L.3332-19 of the French Labor Code, to the
arithmetic average of the volume-weighted average daily trading
prices of Capgemini SE shares on Compartment A of Euronext Paris
over the 20 trading days preceding the setting of the subscription
price.
-
Capgemini_-_2024-09-11_-_Capgemini_launches_its_eleventh_employee_shareholding_plan
Grafico Azioni Capgemini (EU:CAP)
Storico
Da Ott 2024 a Nov 2024
Grafico Azioni Capgemini (EU:CAP)
Storico
Da Nov 2023 a Nov 2024
