ERAZEO ANNOUNCES THE LAUNCH OF AN EMPLOYEE SHARE OFFERING
Paris, April 8, 2021 -
The purpose of this transaction is to involve Eurazeo group's employees, both
in France and abroad, more closely in the Group's development and performance.
This transaction reserved for employees will be carried out, upon the decision
of the Executive Board, through a capital increase authorized by the Company's
shareholders under the 19th resolution (capital increase reserved for members
of a company savings plan) adopted by the Shareholders' Meeting of April 25,
2019 or through the sale of existing shares in accordance with the 18th
resolution adopted by the Shareholders' Meeting of April 30, 2020.
The transaction is capped at 300,000 shares i.e., a maximum of approximately
0.38% of Eurazeo's current share capital.
Eligible employees will be able to subscribe for Eurazeo shares with a 30%
discount to the reference share price, corresponding to the average of the 20
opening prices of Eurazeo shares on Euronext Paris prior to April 7, 2021.
The shares subscribed to, in registered form or through an FCPE, will be
locked-up for a five-year period, in accordance with the regulations governing
employee savings plans, unless in the case of early exit events. They will not
be eligible for the dividend to be paid in early May for the financial year
2020 as the delivery- settlement of the transaction shall occur after the
payment of the dividend with respect to the financial year 2020.
The shares subscribed in the framework of the transaction will be fully
assimilated to existing Eurazeo shares listed on Euronext Paris (ISIN code:
This press release does not constitute an offer to sell or the solicitation of
an offer to subscribe for Eurazeo shares. The Eurazeo share offering is
strictly reserved for members of a Group employee savings plan and will only be
made in countries where such an offering has been registered with or notified
to the competent local authorities and/or following approval of a prospectus by
the competent local authorities, or in consideration of an exemption from the
obligation to prepare a prospectus or to register or notify the offering.
* Eurazeo is a leading global investment company, with a diversified portfolio
of EUR21.8 billion in assets under management, including EUR15.0 billion from
third parties, invested in over 430 companies. With its considerable private
equity, real estate and private debt expertise, Eurazeo accompanies companies
of all sizes, supporting their development through the commitment of its
nearly 300 professionals and by offering in-depth sector expertise, a
gateway to global markets, and a responsible and stable foothold for
transformational growth. Its solid institutional and family shareholder base,
robust financial structure free of structural debt, and flexible investment
horizon enable Eurazeo to support its companies over the long term.
* Eurazeo has offices in Paris, New York, Sao Paulo, Seoul, Shanghai,
Singapore, London, Luxembourg, Frankfurt, Berlin and Madrid.
* Eurazeo is listed on Euronext Paris.
* ISIN : FR0000121121 - Bloomberg : RF FP - Reuters : EURA.PA
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