Core Viewpoint - VINCI is initiating a capital increase reserved for employees of its foreign subsidiaries as part of its international Group savings plan, with the process set to take place from May 26, 2025, to June 13, 2025 [1][4]. Group 1: Capital Increase Details - The Board of Directors has authorized a capital increase for employees in various countries including Germany, Australia, Brazil, and the United States, among others [2]. - The Chief Executive Officer confirmed the decisions regarding the capital increase and has the authority to set subscription dates and prices [3]. - The issue price for the new shares is set at €125.33, based on the volume-weighted average price over the preceding 20 trading sessions [5]. Group 2: Subscription and Shareholder Rights - The maximum number of new shares issued will not exceed 1.5% of the authorized share capital at the time of the Board's decision [6]. - Employees will subscribe to the new shares through the "Castor International Relais 2025" FCPE, with some exceptions for direct subscriptions in specific countries [7]. - Subscribed shares will be subject to a three-year lock-up period, with dividend rights commencing from January 1, 2025 [8][10].
Issue of new VINCI shares reserved for the employees of foreign subsidiaries of VINCI in the context of the international Group savings plan