Elis Announces Innovative Share Capital Increase for Employees
Elis is excited to share details about a marked increase in share capital, especially designed for its dedicated employees. This initiative, known as "Elis for All 2025," aims to enhance employee engagement and offers a unique investment opportunity.
Participation Rates and Financial Commitment
The subscription period for this share capital increase concluded recently, with an impressive 5.8% of employees across 20 countries opting to participate. This level of engagement illustrates the strong connection and commitment employees have to the Elis Group, resulting in total subscriptions nearing 15 million euros.
Investment Details
Employees had the chance to buy shares at a preferential price of €16.86. This pricing reflects a 30% discount based on the average opening stock price observed from mid-August to early September. To further incentivize participation, Elis matched employee investments, offering one additional share for every ten shares subscribed.
New Shares Issued
As a result of these subscriptions, on the designated date, Elis issued 889,250 new shares at a par value of €1 each. This issuance represents approximately 0.38% of the company's overall capital, signifying a total financial intake of around 14,992,755 euros. Notably, these new shares come with rights from their issuance date and integrate fully with existing shares.
Trading and Capital Structure
On the same day as the share issuance, the new shares were welcomed onto the Euronext Paris regulated market, giving employees access to trading opportunities. The total new share capital now stands at 237,553,695 euros, equating to an equal number of shares with a par value of €1 each.
Additional Share Allocations
In a further commitment to its employees, Elis also distributed 82,347 free shares to those working in foreign subsidiaries, drawing from shares held in the company's buyback program. This initiative underscores Elis's dedication to fostering employee ownership and enhancing collective investment in the company’s future.
Contact Information for Investors
For more information regarding this capital increase or other investment queries, employees and interested parties can reach out to:
Nicolas Buron
Director of Investor Relations, Financing & Treasury
Phone: + 33 (0)1 75 49 98 30 - nicolas.buron@elis.com
Charline Lefaucheux
Investor Relations
Phone: + 33 (0)1 75 49 98 15 - charline.lefaucheux@elis.com
Frequently Asked Questions
What is the purpose of the "Elis for All 2025" initiative?
The initiative aims to increase employee engagement by allowing them to invest in the company through share ownership.
How many employees participated in the share subscription?
Approximately 5.8% of employees across 20 countries participated in the share subscription.
What was the average subscription price for the shares?
The average subscription price for the shares was set at €16.86, reflecting a 30% discount.
How many new shares were issued?
A total of 889,250 new shares were issued as part of this capital increase.
Where can I find more information about the share capital increase?
For further details, individuals can contact the Investor Relations team at the provided contacts.
