Voltalia Announces Launch of Third Employee Share Purchase Plan

Voltalia, a major player in the renewable energy sector, has announced its third employee share purchase plan. This initiative allows eligible employees across Voltalia’s international offices, including France, Brazil, Greece, Spain, Italy, Portugal, and the United Kingdom, to purchase company shares at a discounted price. The subscription period for this offer starts on May 15 and ends on May 29, 2024. Voltalia has set the share price at €6.39, which is a 20% discount from the reference market price of €7.98.

The plan aims to involve employees more deeply in the company’s growth and development. Previously, Voltalia’s employee shareholding plans received a 70% participation rate, one of the highest internationally according to the French Federation of Employee Shareholder Associations. Each participating employee can buy shares worth up to €500, with a top-up incentive ranging from 100% to 200%, depending on whether they have participated in previous plans. The shares will be subject to a five-year lock-up period, ending June 1, 2029.