SUEZ ENVIRONNEMENT Closes Employee Shareholding Offer
OREANDA-NEWS. September 03, 2014. On 25 April this year, SUEZ ENVIRONNEMENT launched its second shareholding plan "SHARING 2014", reserved to Group employees in France and across the world. This plan, which has been successfully completed, demonstrates the employees' belief in the future of their company and will develop the share capital of the Group.
SHARING 2014 was subscribed to by 16,519 employees of the Group in 22 countries (Belgium, Brazil, Chile, China, Czech Republic, Finland, France, Germany, Hong Kong, India, Italy, Luxembourg, Macao, Morocco, Netherlands, Poland, Slovakia, Spain, Sweden, Switzerland, United Kingdom and United States).
This amounts to almost 22% of employees who participated in the offer under preferential terms, representing an employee contribution of EUR20 million.
The average amount of participation is identical to that for the SHARING 2011 plan, thereby demonstrating the employees' belief in the future of their Group. By the end of this plan, a total of 8 million new shares 1 will have been issued by the Company.
Employee shareholding in the company’s capital is a source of stability. Following this second SHARING plan in 2014, it has doubled, increasing from 2% to almost 4%.
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