Regulatory News:
Arkema (Paris:AKE) is carrying out another capital increase
reserved for Arkema Group’s current and former employees, in 31
countries, including France, representing around 99% of the Group’s
employees. The subscription period will take place from 16
September 2024 to 30 September 2024 inclusive.
FRAMEWORK AND RATIONALE OF THE OPERATION
The annual general meeting of 15 May 2024 delegated its powers
to the Board of Directors for the purpose of carrying out, in one
or several steps, for a maximum nominal amount not exceeding €13.5
million, and within a timeframe not exceeding 26 months, an
issuance of shares reserved for the Group’s current and former
employees, within the framework of article L. 225-138-1 of the
French Commercial Code and of article L. 3332-18 et seq. of the
French Labor Code.
In accordance with this delegation of powers and in order to
reinforce the existing relationship between the Group and its
employees by giving them the possibility of being more closely
linked to the Group’s future developments and performance, the
Board of Directors decided on 15 May 2024 to again carry out a
capital increase reserved for the Group’s current and former
employees up to a maximum nominal amount of €13.5 million, and to
grant all powers to the Chairman and Chief Executive Officer for
the purpose of carrying it out, in particular to determine the
subscription price and period.
This capital increase is offered in France, Australia, Belgium,
Brazil, Canada, China, Denmark, Egypt, Eire, Germany, India, Italy,
Japan, Malaysia, Mexico, the Netherlands, New Zealand, Philippines,
Poland, Romania, Saudi Arabia, Singapore, South Africa, South
Korea, Spain, Sweden, Switzerland, Turkey, the United Arab
Emirates, United Kingdom and the United States, subject to local
authorizations in some of those countries.
SECURITIES OFFERED
On 11 September 2024, the Chief Executive Officer, through
delegated authority of the Board of Directors, set the subscription
price and period:
- Subscription price: €60.74. It is equal to 75% of the average
of the opening prices of the Arkema share on the Euronext Paris
S.A. market during the twenty trading days preceding this day, i.e.
75% of €80.99.
- Subscription period: from 16 September 2024 to 30 September
2024 inclusive.
The maximum number of shares that may be issued is 1.35 million,
with a nominal value of €10 each, i.e. a total nominal value of
€13.5 million.
SUBSCRIPTION CONDITIONS
The beneficiaries of the reserved issuance
are:
- the employees of the Group companies that have become members
of the Arkema Group’s Company Savings Plan (hereinafter referred to
as the “PEG A”) who meet a seniority requirement of at least three
months at the time of subscription; and
- retired employees or employees on early retirement who
subscribed to the PEG A before their employment activities ended,
provided they have kept assets in the PEG A and subject to
applicable local law.
Type of issuance: this issuance is
carried out without preferential subscription rights. The new
shares shall bear right as from their date of issue, to any
dividend distributed by Arkema as from that date.
Subscription ceiling: the
beneficiaries have an individual subscription ceiling equal to the
counter-value of 750 discounted Arkema shares. In addition, the
annual payments made by each beneficiary cannot exceed one quarter
of gross annual remuneration. This ceiling takes into account all
of the other payments that can be made by employees within the
framework of their Company and/or the Group’s Savings Plans.
Lock-up applicable to the Arkema
shares: pursuant to article L. 3332-25 of the French Labor
Code, the current and former employees who have subscribed to the
issuance must hold their shares directly or indirectly, for a
lock-up period of five years (until 30 October 2029 included),
unless one of the early exit events set forth in articles L.
3324-10 and R. 3324-22 of the French Labor Code occurs for
employees residing in France. The rules regarding the lock-up
period and release that may be adjusted outside of France are set
out in the local supplement prepared in each country.
Moreover, in France, employees may allocate the sums invested in
2024 in their Company Savings Plan from the FCPE AMUNDI LABEL
MONETAIRE ESR fund. Abroad, employees who subscribe to the capital
increase will be allotted one free share for 4 subscribed shares
within the limit of 25 shares. These shares will be issued pursuant
to the 24th resolution adopted by the annual general meeting of 19
May 2022.
SPECIAL NOTE REGARDING THE INTERNATIONAL OFFERING
This press release does not constitute an offer to sell or a
solicitation to purchase Arkema shares. The offering of Arkema
shares reserved for employees will be conducted only in countries
where such an offering has been registered with the competent local
authorities and/or following the approval of a prospectus by the
competent local authorities or in consideration of an exemption of
the requirement to prepare a prospectus or register the
offering.
More generally, the offering will only be conducted in countries
where all required filing procedures and/or consultation or
information obligations with respect to organizations representing
employees and/or notifications have been completed and the
authorizations have been obtained. This press release is not
destined for, and copies thereof should not be sent to, countries
in which such a prospectus has not been approved or such an
exemption is not available or where all of the required filing
procedures and/or consultation or information obligations with
respect to organizations representing employees and/or
notifications have not been completed or where the authorizations
have not been obtained.
Building on its unique set of expertise in materials science,
Arkema offers a portfolio of first-class technologies to
address ever-growing demand for new and sustainable materials. With
the ambition to become a pure player in Specialty Materials, the
Group is structured into 3 complementary, resilient and highly
innovative segments dedicated to Specialty Materials - Adhesive
Solutions, Advanced Materials, and Coating Solutions - accounting
for some 92% of Group sales in 2023, and a well-positioned and
competitive Intermediates segment. Arkema offers cutting-edge
technological solutions to meet the challenges of, among other
things, new energies, access to water, recycling, urbanization and
mobility, and fosters a permanent dialogue with all its
stakeholders. The Group reported sales of around € 9.5 billion in
2023, and operates in some 55 countries with 21,100 employees
worldwide.
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version on businesswire.com: https://www.businesswire.com/news/home/20240912288058/en/
Investor relations contacts Béatrice Zilm +33 (0)1 49 00
75 58 beatrice.zilm@arkema.com Peter Farren +33 (0)1 49 00 73 12
peter.farren@arkema.com Mathieu Briatta +33 (0)1 49 00 72 07
mathieu.briatta@arkema.com Alexis Noël +33 (0)1 49 00 74 37
alexis.noel@arkema.com
Media Contact Anne Plaisance +33 (0)6 81 87 48 77
anne.plaisance@arkema.com
Alikem (TSX:AKE)
過去 株価チャート
から 11 2024 まで 12 2024
Alikem (TSX:AKE)
過去 株価チャート
から 12 2023 まで 12 2024
