Press release - SPIE announces the success of its employee shareholding plan and its intention to implement a share buyback program
December 14 2023 - 11:40AM
Press release - SPIE announces the success of its employee
shareholding plan and its intention to implement a share buyback
program
Cergy, December 14, 2023 –
SPIE, the independent European leader in multi-technical services
in the areas of energy and communications, announces the success of
its SHARE FOR YOU 2023 employee shareholding plan.
Employee shareholding is part of SPIE’s culture
and this year’s new plan has been a remarkable success. The
employee’s participation increased significantly: more than 17,000
employees subscribed to the offer, up 55% compared to last year.
More than 5,000 employees invested for the first time, including
people stemming from recently acquired companies.
The employee contributions to the 2023 SHARE FOR
YOU plan amounts to 34 million euros. Once this operation
completed, on 14 December 2023, 1,885,601 new shares will be issued
by the company. For this new SHARE FOR YOU plan, which ran from 28
September to 19 October 2023 in 14 countries, SPIE’s employees
subscribed with a 20% discount.
SPIE is one of the 7 companies listed on the SBF
1201 index whose employees are the first shareholder2. After the
SHARE FOR YOU 2023 plan, almost one employee in two is a Group
shareholder and the share of capital held by employees thanks to
these programs is approximately 7.5%.
Gauthier Louette, Chairman and CEO of
SPIE, declared: “Our employees’ high level of
participation in this new edition of our employee shareholding
plan, once again demonstrates their confidence in our Group and I
thank them for it. We are a service business with human capital at
the core of our model, so this is very important to involve our
collaborators in SPIE’s entrepreneurial mindset, which is a key
factor of our success. "
At the same time and considering its low
leverage profile, the Group plans to implement in the coming weeks
a share buyback program which will partially compensate the
dilutive impacts implied by the already existing employee
shareholding program and long-term incentive plan. Details of this
share buyback program will be provided in a dedicated press
release.
About SPIE
SPIE is the independent European leader in
multi-technical services in the areas of energy and communications.
Our 48,000 employees are committed to achieving the energy
transition and digital transformation alongside our customers. SPIE
achieved in 2022 consolidated revenues of €8.09 billion and
consolidated EBITA of €511 million.
Contacts
SPIEPascal OmnèsGroup Communications Director Tel.
+ 33 (0)1 34 41 81 11pascal.omnes@spie.com |
SPIEAudrey BourgeoisInvestor Relations
DirectorTel. + 33 (0)1 34 41 80 72audrey.bourgeois@spie.com |
IMAGE 7Laurent PoinsotTel. + 33 (0)1 53 70 74
77lpoinsot@image7.fr |
http://www.spie.comhttps://www.facebook.com/SPIEgrouphttp://twitter.com/spiegroup
Disclaimer
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.
1 The SBF 120 is a stock market index of which SPIE is a member.
It includes the 40 companies tracked by the CAC 40 and 80 other
companies. The companies that make up the index have the most
liquid stocks, selected from the top 200 market capitalisations on
the Paris stock exchange.2 Reference taken from the results of the
Panorama of Employee Share Ownership in the SBF120, carried out by
Eres.
- Press release - SPIE announces the success of its employee
shareholding plan and its intention to implement a share buyback
program
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