ACHIEVEMENT OF THE 9TH EMPLOYEE SHARE OWNERSHIP PLAN AT CAPGEMINI


Posted December 14, 2022 by Viyanpale760

ACHIEVEMENT OF THE 9TH EMPLOYEE SHARE OWNERSHIP PLAN AT CAPGEMINI

 
With a 128% employee subscription rate, Capgemini today announced the noteworthy performance of its ninth Employee Share Ownership Plan (ESOP). According to Capgemini Group CEO Aiman Ezzat, "The Group continues to record great momentum as a strategic business and technology partner of global corporations and organisations. The sheer size of this plan, with 50,000 employees signing up, shows once again how much faith they have in Capgemini's vision, goals, and growth trajectory. Our yearly ESOP is a crucial tool for communicating with them the value they contribute to creating and serves as a crucial recruiting tool for both present and future talent in a cutthroat job market. In the 29 participating countries, over 50,000 employees have signed up for this ninth employee shareholding scheme. This capital increase, which is intended to include employees in the growth and success of the Group, accounts for 2% of the Group's issued share capital and will help keep Capgemini's employee share ownership at year's end at about 8% of the capital. 3,500,000 new shares were subscribed for in accordance with the conditions of the employee share ownership plan released on September 13, 2022, at a unit price of 145.25 euros, or 87.5% of the reference price of 165.99 euros (as determined over a period of 20 trading days before November 3, 2022). The matching 508 million euro capital raise is planned for December 15, 2022.
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Capgemini
Country India
Categories Research , Software , Technology
Tags artificical intelligence , digital manufacturing , risk compliance services , paas
Last Updated December 14, 2022