Capgemini launches its ninth employee shareholding plan
Media relations:Victoire
GruxTel.: +33 6 04 52 16 55victoire.grux@capgemini.com
Investor relations:Vincent
BiraudTel.: +33 1 47 54 50 87vincent.biraud@capgemini.com
Capgemini launches its ninth Employee
Share Ownership Plan
Paris,
September 13,
2022 – Capgemini announces the launch of its ninth
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
3,500,000 shares (i.e. 2.0% of outstanding shares), with
settlement-delivery no later than December 15, 2022. As
the 2017 ESOP reaches its term at the end of the year, this ninth
plan will help maintain employee shareholding at around 8% of
capital.
As in 2021, the Board of Directors of Capgemini
SE at its meeting of June 15 and 16, 2022 decided to authorize a
dedicated share buyback envelope. This envelope could be used
within the limits of the authorization granted by the Shareholders’
Meeting of May 19, 2022 and 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 14 to
October 3, 2022 (inclusive) and will be followed by a
subscription/revocation period from November 7 to November 9, 2022
(inclusive). The subscription price of the new shares will be set
on November 3, 2022 and the capital increase will be completed on
December 15, 2022.
Employees will be able to subscribe to Capgemini
shares within the framework of subscription leveraged and
guaranteed formulas. These formulas will allow employees, until the
shares become available, to benefit from a guarantee on the amount
invested into this plan. 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 6 to November 2, 2022, and over
the entire course of the plan, i.e. until December 15, 2027.
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 leader in partnering with
companies to transform and manage their business by harnessing the
power of technology. The Group is guided everyday by its purpose of
unleashing human energy through technology for an inclusive and
sustainable future. It is a responsible and diverse organization of
over 350,000 team members in more than 50 countries. With its
strong 55-year heritage and deep industry expertise, Capgemini is
trusted by its clients to address the entire breadth of their
business needs, from strategy and design to operations, fueled by
the fast evolving and innovative world of cloud, data, AI,
connectivity, software, digital engineering and platforms. The
Group reported in 2021 global revenues of €18 billion.Get the
Future You Want | www.capgemini.com
1 As from June 16, 2022, 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_-_2022-09-13_-_Capgemini_launches_its_ninth_employee_shareholding_plan
Capgemini (EU:CAP)
Historical Stock Chart
From Jun 2024 to Jul 2024
Capgemini (EU:CAP)
Historical Stock Chart
From Jul 2023 to Jul 2024