Albioma : Albioma Invest 2021 - Share issue reserved for members of the group savings plan
05 Mai 2021 - 8:00AM
Albioma : Albioma Invest 2021 - Share issue reserved for members of
the group savings plan
PRESS RELEASE
Paris La Défense, 5 May 2021
Albioma Invest 2021
Share issue reserved for members of the group savings
plan
Albioma announces the launch of a capital
increase reserved for employees, managers and former employees who
are members of its group savings plan in France and its
international group savings plan in Brazil as of 5 May 2021.
With this new operation, the Group continues to
implement its policy of strengthening its employee shareholding in
the medium/long term, which is reflected in the regular opening of
opportunities for indirect investment in the Albioma share on
privileged terms.
The main terms of this operation, called
"Albioma Invest 2021", are described below.
Issuing company
Albioma, a French société anonyme with a share
capital of €1,218,213.54 having its registered office in Tour Opus
12, 77 esplanade du Général de Gaulle, 92081 Paris La Défense,
France, registered with the Nanterre trade and companies registry
under number 775 667 538 (hereinafter referred to as the
“Company”).
Listed on Euronext Paris (France), compartment
A, ISIN: FR0000060402.
Objectives of the operation
The objective of this operation is to associate
employees with the Group's results and future success by aligning
their interests with those of the shareholders. It allows eligible
Group employees to invest indirectly in the Albioma share under
privileged conditions and, for employees whose tax residence is in
France, in a favourable tax framework. In return, subscribers'
investments will be locked in for five years.
Legal framework of the operation
The Combined General Meeting of shareholders of
29 May 2020, in its fifteenth resolution, delegated its authority
to the Board of Directors to decide to issue, for the benefit of
members of a company savings plan or a group savings plan
established jointly by the Company and the French or foreign
companies that are linked to it under the conditions of Article L.
225-180 of the French Commercial Code and Article L. 3344-1 of the
French Labour Code, of shares and/or securities giving access,
immediately or in the future, to the share capital, up to a limit
of 0.75% of the Company's share capital on the date of the decision
to issue the shares.
By virtue of this delegation, the Company’s
Board of Directors resolved, at its meeting of 3 March 2021, to
proceed with the issue, with cancellation of the preferential
subscription right to the benefit of the members of the Albioma
group savings plan set up pursuant to Articles L. 3332-18 et seq.
of the French Labour Code between the Company and its subsidiaries
having their registered office in France and to an international
group savings plan to be set up, within the limit of 0.62% of the
Company's share capital on the date of the decision to issue the
shares (i.e. a maximum of 197,387 shares).
Subscription conditions
Subscription terms
Beneficiaries may subscribe to one or both of
the following investment formulas:
-
a "Classic" formula via the "Albioma Relais 2021" FCPE, which will
be merged with the "Albioma Classic" sub-fund of the "Albioma" FCPE
after approval by the Supervisory Boards of the said FCPEs. The
approval of the "Albioma Relais 2021" FCPE by the French Financial
Markets Authority (Autorité des Marchés Financiers) was obtained on
20 April 2021. Under this formula, the employee's investment
follows the evolution of the Albioma share price, both upwards and
downwards. The employee benefits from a 30% discount and a matching
contribution from the employer;
-
a "Multiple" formula through the "Albioma Multiple 2021" sub-fund
of the "Albioma" FCPE. The approval of the "Albioma Multiple 2021"
sub-fund by the French Financial Markets Authority (Autorité des
Marchés Financiers) was obtained on 20 April 2021. Under this
formula, the subscriber is guaranteed the amount of his/her
personal contribution plus the higher of (i) a guaranteed return on
his/her personal contribution and (ii) a multiple of the average
protected increase in the Albioma share price. In return, the
subscriber waives the benefit of dividends and other possible
income on the Albioma shares subscribed by the "Albioma Multiple
2021" sub-fund and the 30% discount.
Exercise of voting rights
The voting rights attached to the securities
held in the "Albioma" FCPE will be exercised by the Supervisory
Board of the "Albioma" FCPE under the conditions set out in its
regulations.
Unavailibility
Units of the FCPE subscribed in the framework of
the offer must be held for a period of five years, unless one of
the cases of early release provided for by the regulations of the
savings plans concerned occurs.
Indicative timetable
-
Reservation period: from 5 to 25 May 2021
-
Determination of the subscription price: 23 June 2021
-
Subscription/revocation period: from 24 June to 27 June 2021
-
Capital increase: 22 July 2021
This timetable may be modified due to events
affecting the proper conduct of the transaction.
Listing of the shares
The admission of the new shares to trading on
Euronext Paris (ISIN code: FR0000060402) will be requested upon
completion of the capital increase.
Hedging transaction
The implementation of the "Multiple" formula,
which is based on a leverage effect, implies that the counterparty
financial institution of the transaction structuring this formula
carries out hedging operations, prior to the completion of the
capital increase, and throughout the duration of the "Multiple"
formula.
Specific information
This press release is produced for information
purposes only and does not constitute an offer or solicitation for
the subscription of securities.
Contact
Beneficiaries may contact their human resources
manager and/or any other person as specified in the offer documents
made available to them prior to the opening of the reservation
period for any questions regarding the offer.
This press release has been prepared in
accordance with Article 223-2 of the General Regulation of the
French Financial Markets Authority (Autorité des Marchés
Financiers) and Article 3.1 of Position-Recommendation No. 2012-10
of 8 August 2012 of the French Financial Markets Authority
(Autorité des Marchés Financiers).
Next on the agenda: Combined General Meeting of shareholders, on
25 May 2021 at 3pm (CET).
About Albioma |
Contacts |
An independent renewable energy producer, Albioma is committed to
the energy transition thanks to biomass and photovoltaics.Albioma
operates in Overseas France, France metropolitan, Mauritius and
Brazil. For 25 years, it has developed a unique partnership with
the sugar industry to produce renewable energy from bagasse, the
fibrous residue of sugar cane.Albioma is the leading producer of
photovoltaic energy in Overseas France, where the company builds
and operates innovative projects with storage, Albioma has
strengthened its position in mainland France.Recently, the Group
announced the acquisition of a geothermal power plant in
Turkey. |
InvestorJulien Gauthier+33 (0)1 47 76 67
00MediaCharlotte Neuvy+33 (0)1 47 76 66
65presse@albioma.com |
|
|
Albioma is listed on the Euronext Paris compartment A, is eligible
for the deferred settlement service (SRD), PEA and PEA-PME plans
and is included in the SBF 120 and CAC Mid 60. The Group is also
included in the Gaïa-Index, an index for socially responsible
midcaps. |
www.albioma.com |
- Albioma_CP_20210505_VDEF_ENG