(Boursier.com) — Verallia , the world’s 3rd largest producer of glass packaging for beverages and food products, successfully closes its 9th employee shareholding offer. On June 20, 2024, more than 3,800 employees, including 73% of French employees, joined the development and performance of the Group, by subscribing to this operation. Open from May 2 to 17, 2024 in 9 countries, this program allowed them to benefit from exclusive conditions to integrate the Group’s capital – i.e. a 15% discount on the share price and a favorable contribution plan.
Following on from the previous ones, this 9th edition confirms the success of the Group’s CSR strategy, by involving its employees in the development and performance of the company. As of the close of June 20, 2024, more than 3,800 employees, or 41% of the eligible workforce in 9 countries, have invested in the Group, benefiting from an advantageous unit subscription price of 29.64 euros. The total investment by employees (including the company’s contribution) thus amounts to more than 18.1 million euros.
At closing, 611,445 new ordinary shares, representing 0.5% of the share capital and voting rights, were issued by the company. Just as in previous editions, in particular in order to neutralize the dilutive effect of this operation, the company simultaneously carried out a capital reduction by canceling 611,445 treasury shares, acquired as part of the share buyback program2 .
In just 9 years, these operations have already enabled nearly 50% of the Group’s employees to become shareholders of Verallia, and more than 80% of French employees, directly and through the Verallia FCPE.
Employees now hold 4.5% of the company’s capital.
“The strong participation of our employees in this employee shareholding program reflects the confidence of our employees in Verallia’s strategy and strong CSR ambitions. We are very proud that these operations have already resulted in almost 50% in 9 years. of them in the world, and more than 80% in France, to become directly and indirectly shareholders of the company by acquiring nearly 4.5% of the capital during this period. This system makes it possible to demonstrate once again. that we are resolutely committed to sharing value” declared Patrice Lucas, Managing Director of Verallia.