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Eiffage launches a capital increase intended for its employees

Eiffage announced a capital increase reserved for group employees, extended to several countries including France, Belgium, and Spain, among others. This operation is a continuation of its employee shareholding policy adopted for three decades, with the aim of strengthening this commitment via a discounted offer.

The details of this capital increase were defined during the general meeting of April 19, 2023, authorizing the board of directors to proceed with this special issue. The subscription will be at an advantageous price thanks to a 20% discount, setting the issue price at 77.57 euros per share. This offer concerns a maximum of 3,750,000 shares, for a capital increase of 15 million euros in nominal value.

The new shares, similar to existing ordinary shares, will be eligible for dividends and admitted to Euronext Paris. Beneficiaries, including employees, retirees and eligible pre-retirees, will have to keep these shares for five years, except in the event of early release provided for by law. The subscription period will extend from March 25 to April 15, 2024, with completion of the operation scheduled for May 17, 2024.

R. H.

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