Share Issue/Capital Change • Feb 28, 2018
Share Issue/Capital Change
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Eiffage announces an increase in share capital reserved for Eiffage Group employees in France, Belgium, Luxembourg, Germany, Spain and Senegal and which will have the following main characteristics :
To safeguard its employee shareholding policy, a hallmark of the Group for over 28 years, Eiffage decided to carry out an increase in share capital reserved for employees, non supplemented, with a 20% discount through the FCPE Eiffage Actionnariat Relais 2018 created for this purpose.
At its meeting on April 19, 2017, the Combined General Shareholders' Meeting delegated to the Company's Board of Directors, in the extraordinary resolution numbered 22, their competence to decide to increase the Company's share capital, in one or several steps, up to a maximum nominal amount of €15 millions, with waiver of preferential subscription right to the benefit of the employees of the Company and any companies related to it pursuant to article L. 225-180 of the French Commercial Code and participating in a company savings plan.
Using this delegation, the Board of directors decided on February 28, 2018 the issuance of ordinary shares to the benefit of the members of the group savings plan at a price of 74.27 euros per shares corresponding to 80 % of the average share prices during the 20 trading sessions preceding February 28, 2018, pursuant to the provisions of articles L. 3332-18 and subsequent of the French labour code.
The maximum number of Eiffage shares that may be issued in connection with this offer is 3 750 000 shares (corresponding to a maximum increase in share capital of €15 million of nominal), namely a global offer of 278,512,500,000 euros.
The new Eiffage shares that may be subscribed through the FCPE Eiffage Actionnariat Relais 2018 are ordinary shares. They will be admitted to trading on NYSE Euronext on the same line as existing shares (Isin Code : FR0000130452). They will grant rights immediately and will carry a right to dividend decided by the General Meeting convened for April 25 2018. The new shares will be assimilated to the existing shares and not subject to any restriction.
The shares of the FCPE Eiffage Actionnariat Relais 2018 corresponding to the Eiffage shares subscribed must be held by their beneficiaries for a five year period, except where a case of early release occurs, as authorized by French law.
The voting rights attached to the shares subscribed through the FCPE Eiffage Actionnariat Relais 2018 will be exercised by the FCPE Eiffage Actionnariat Relais 2018 supervisory board.
Beneficiaries of the share offering reserved for employees: Companies employees (as retired employees and employees on early retirement which have kept assets in the Group savings plan) which have become members of the Group savings plan after at least three month's services and employed April 16th 2018.
Companies in the offering perimeter : Eiffage company and Eiffage Group companies which will have become members of the Group French and international savings plans.
The shares will be subscribed through the « Eiffage Actionnariat » FCPE within the framework of a single subscription formula known as « classic » with 20 % discount to the reference price.
Subscription period : From March 19, 2018 (included) to April 16, 2018 (included).
Settlement-delivery of the offer : planned for May 18, 2018.
This press release does not constitute an offer or an invitation for the subscription of Eiffage shares.
It constitutes the document required by Article 212-4 5° of the AMF General Regulation and Article 19 of the AMF instruction DOC-2016-14 and its appendix IV.
Investor relations Xavier Ombrédanne Tel.: + 33(0) 1 71 59 10 56 E-mail: [email protected] Press contact Sophie Mairé Tel.: + 33 (0)1 71 59 10 62 E-mail: [email protected]
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