Voltalia launches its third employee share purchase plan

Voltalia launches its third employee share purchase plan

Voltalia (Euronext Paris, ISIN code: FR0011995588), an international player in renewable energies, announces the launch of its third employee share purchase plan

Through its third employee share purchase plan, Voltalia offers a new opportunity for eligible employees to participate in the company's growth and success. This plan reflects Voltalia's firm commitment to attract and retain the talents that embodie its mission and contribute to its value creation.

With this operation, Voltalia enters a new stage after the introduction of the profit-sharing scheme at the end of 2017, followed by its first year of application in 2018 and the launch of the employee share purchase plan in spring 2019 and 2022.

The previous employee shareholding plans had enjoyed strong support from employees with a participation rate of 70%, positioning the company among those with the highest participation rate for a program with an international scope, according to figures from the French Federation of Employee Shareholder Associations (FAS).

This third plan offers existing shares reserved for employees of the Voltalia Group in France, Brazil, Greece, Spain, Italy, Portugal and the United Kingdom. Eligible employees will thus be able to purchase Voltalia SA shares on attractive terms, within the framework of the Voltalia group savings plan.

The subscription period opens on May 15 and closes on May 29, 2024 included.

Sébastien Clerc, CEO of Voltalia, comments: " Voltalia's mission and remarkable development are both supported by the commitment of our employees. I am delighted to see eligible employees being offered the opportunity to once again be associated with the group's value creation."

Operation details

Issuer

VOLTALIA SA

Euronext Paris (France) - compartment A

Ordinary share ISIN code: FR0011995588

Security admitted to Voltalia's Deferred Settlement Service (SRD)

Objective of the transaction - reasons for the offer: On December 13, 2023, Voltalia's Board of Directors approved the implementation of an employee share purchase plan for the year 2024. This offer of existing shares under the Voltalia group savings plan is offered to employees of the Group who are eligible for the Voltalia group employee share purchase plan in France, Brazil, Greece, Italy, Portugal Spain and the United Kingdom. The shares will be subscribed by employees through an FCPE in France, Brazil, Portugal and the United-Kingdom and directly in Greece, Italy and Spain.