SUEZ announces that Sharing 2017, its third employee shareholding offer for a total of 10 million shares, has been oversubscribed and is now successfully concluded.
Sharing 2017, aimed at strengthening the existing ties between SUEZ and its employees by offering them the possibility of being more closely associated with the Group’s development and performance, has been successful. The 10 million shares contained in the offer were oversubscribed by 129%. Nearly 22,000 employees from the 20 participating countries have subscribed, i.e. 29% of eligible employees.
With this new offer, employee shareholders now hold about 3.8% of the capital and are the Group’s 3rd largest shareholder.
The 10 million new shares that have been subscribed represent 1.6% of the Group’s share capital and correspond to a capital increase of 121 million euro.