SHARE FOR YOU 2025 (Employee Shareholding Plan)

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SPIE launches its employee shareholding plan SHARE FOR YOU 2025
Globenewswire· 2025-09-25 05:00
Core Points - SPIE, a European leader in multi-technical services in energy and communications, has launched the 9th edition of its employee shareholding plan, SHARE FOR YOU [1][2] - The subscription period for this plan is from September 25 to October 16, 2025, allowing employees to become shareholders or increase their holdings [2] - The subscription price is set at €38.55, reflecting a 20% discount from the average opening price of SPIE shares over the preceding 20 trading days [3] Company Overview - SPIE has been listed on the stock exchange since 2015, and this plan is open to over 49,000 employees across 17 countries [4] - As of June 30, 2025, employees held 9.4% of SPIE's capital, making them the largest shareholders since December 2021 [4][16] - In 2024, SPIE reported consolidated revenue of €9.9 billion and consolidated EBITA of €712 million [16] Subscription Details - The plan is available to employees and corporate officers who are members of a group savings plan and have a minimum service length of three months [6] - Employees can subscribe directly in Germany or through an employee shareholding fund in other countries [8] - The maximum subscription amount is limited to one quarter of the employee's gross annual remuneration [10] Lock-in and Voting Rights - Shares must be held for approximately five years until June 1, 2030, unless released early [11] - Voting rights for shares held through an employee shareholding fund will be exercised by the fund's supervisory board, while directly held shares will allow individual voting by employees [12] Timeline - The new SPIE shares will be admitted to trading on Euronext Paris following the expected share capital increase on December 12, 2025 [13][18]