Latécoère will propose to set up a stock incentive plan at a future AGM











Photo credit © latécoère


(Boursier.com) — Latécoère a tier 1 partner of global aircraft manufacturers, serves the aerospace sector with innovative solutions for a sustainable world.
While the aerospace industry has suffered from the impacts of the global Covid-19 pandemic, Latécoère has taken numerous measures to ensure that it can both withstand difficult times and emerge stronger from this crisis. The company has notably strengthened teams, increased its focus on customer needs and satisfaction, improved the efficiency of operations and made strategic investments, including acquisitions such as Bombardier EWIS and TAC.

Retaining and attracting new talent will be essential to achieving this ambitious plan and continuing the positive momentum initiated. Consequently, the Latécoère Board of Directors has decided to propose to the company’s shareholders the establishment of a stock incentive plan for the benefit of the Group’s employees and corporate officers. The objective is to consolidate long-term ties and align the interests of shareholders with those of management.

In order to increase the attractiveness of the company and to fully align the managers with the interests of the shareholders, a wider circle of Latécoère employees would also benefit from a dedicated plan aimed at the free allocation of ordinary shares of the society.

The financial delegations necessary for the implementation of this incentive plan will be submitted to the vote of the General Meeting of the Company which will be convened for March 22, 2022. All the documentation relating to this General Meeting will be made available available on the company’s website within the legal deadlines.


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