Subscribe
Capgemini Rolls Out Employee Share Ownership Plan

Capgemini Rolls Out Employee Share Ownership Plan

Capgemini, the global digital consultancy giant, has rolled out its seventh Employee Share Ownership Plan (ESOP).Nearly 96 per cent of the employees can avail the new ESOP.

 

Capgemini will implement the seventh ESOP through a capital increase reserved for the employees for a maximum of 3,000,000 shares, with settlement-delivery no later than 17th December, 2020 .

 

As per the press release: The reservation period will be open from September 17 to October 6, 2020 (inclusive), and will be followed by a subscription/revocation period from November 10 to November 12, 2020 (inclusive). The subscription price of the new shares will be set on November 5, 2020 and the capital increase will be completed on December 17, 2020.

 

The employees can subscribe to Capgemini shares within the framework of subscription leveraged and guaranteed formulas. These formulas will allow employees, until the shares become available, to benefit from a guarantee on the amount invested into this plan.

 

The voting rights will be exercised by the subscribers who – depending on the formula and the applicable country – will be an Fonds Commun de Placement d'Entreprise (FCPE ), the employees via direct shareholding and/or the financial institution structuring the offer.

 

Follow and connect with us on LinkedIn, Facebook, Instagram, Twitter for latest HR news and insights.

Has COVID-19 forever changed the way we live and work?

Trending

SIMILAR ARTICLES

Capgemini names Aarti Srivastava as CHRO for India

Capgemini names Aarti Srivastava as CHRO for India

Smytten to double down its employee strength by end of this year

Smytten to double down its employee strength by end of this year

Scripbox names Krithika Muthukrishnan as Chief Data Science Officer

Scripbox names Krithika Muthukrishnan as Chief Data Science Officer

Comment

0/3000 Free Article Left >Subscribe