Bezons,
Once again,
This offering of shares will be made to all employees of the Group located in
The subscription period will take place from
The settlement-delivery of the shares shall occur as of
The terms and conditions of the transaction are described hereafter.
DETAILS OF THE TRANSACTION
Issuer
Public limited company (Société Anonyme)
Share capital of
Registered Office: River Ouest – 80 Quai Voltaire – 95870 Bezons
378 901 946 RCS Pontoise
Euronext Paris (
Common share ISIN code: FR0011981968
Security registered with the Service de Règlement Différé (SRD)
Purpose of the offering – reasons for the offering
Pursuant to the authorization granted by the Combined General Shareholders’ Meeting held on
The shares will be subscribed according to the applicable legislation in the various countries of the scope of the offering via an employee shareholding fund (fonds commun de placement d’entreprise “FCPE”), with the exception of
Offered securities
Pursuant to the authorization granted by the General Meeting, the Board of Directors of
On
The newly-issued
Conditions of the subscription
Beneficiaries
The beneficiaries of the offering of shares reserved to employees are the employees and corporate officers of companies included in the offering scope who are members of the PEG, subject to a three-months minimum period of employment on the last day of the subscription period. Pre-retirees and retirees of
Companies in the employee offering scope:
Worldline , a French limited liability company (Société Anonyme), with a share capital ofEUROS 189,767,846.16 with its registered office located at River Ouest – 80 Quai Voltaire, 95870 Bezons, and- Companies affiliated to
Worldline under the meaning of article L. 225-180 of the French Commercial Code (Code de commerce) and article L. 3344-1 of the French Labor Code (Code du travail) that have become members of the PEG and that have their registered offices inFrance ,Australia ,Austria ,Belgium ,Brazil ,Canada ,China ,Colombia ,Czech Republic ,Denmark ,Estonia ,Finland ,Germany ,Hong-Kong ,India ,Indonesia ,Italy ,Japan ,Latvia ,Lithuania , Luxembourg,Malaysia ,Malta ,Mexico ,Norway ,New-Zealand ,the Netherlands ,Poland ,Singapore ,Spain ,Sweden ,Switzerland ,Taiwan ,Thailand ,Turkey , theUnited Kingdom andthe United States of America , subject to having received the required local authorizations in some of these countries.
Proposed subscription formula
The beneficiaries will be able to subscribe to a so-called “classic” formula with a 20% discount and a matching contribution pursuant to the PEG. The beneficiaries who subscribe to the offering will be exposed to share price fluctuations.
Other subscription conditions
- Does a preferential subscription right in case of capital increase exist: this offering does not include a preferential subscription right.
- Terms and conditions of the subscription: the shares will be subscribed through a FCPE. However, by way of exception, in
Denmark ,Germany ,Italy ,Japan ,Spain andthe United States of America , the shares will be subscribed directly. - Matching contribution: the subscriptions will be complemented by a matching contribution up to a cap of six
Worldline shares. - Voting rights: the voting rights of the holders of the FCPE units shall be exercised during the General Shareholders’ Meeting of
Worldline by the FCPE Supervisory Board or directly by the subscribing employees in the countries where the shares are subscribed directly. - Subscription cap: the beneficiaries’ annual payments shall not exceed, in accordance with article L. 3332-10 of the French Labor Code (Code du travail), one-fourth of their gross annual remuneration.
- Lock-up period applicable to the
Worldline shares: the subscribers shall hold their units of the FCPE or the shares untilFebruary 17, 2026 except in the occurrence of an early release event.
Indicative timeline of the offering
- Employees’ Subscription period: between
December 3, 2020 andDecember 21, 2020 (inclusive). - Settlement-delivery of the shares: expected to be on
February 17, 2021 .
Listing
The admission of the newly-issued
Special note regarding the international offering
This press release does not constitute an offer to sell or a solicitation for the purchase of
Employee contact
The beneficiaries may address all questions regarding this offering to the contact person specified in the documentation related to the subscription made available to employees.
Forthcoming events
- February 24, 2021 FY 2020 results
- April 21, 2021 Q1 2021 revenue
- May 20, 2021 Annual General Shareholders’ Meeting
- July 27, 2021 H1 2021 results
- October 19, 2021 Q3 2021 revenue
Contacts
Investor Relations
+33 7 84 50 18 90
laurent.marie@worldline.com
+33 6 75 51 41 47
benoit.damecourt@worldline.com
Communication
+32 499 585 380
sandrine.vanderghinst@worldline.com
+33 7 72 25 96 04
helene.carlander@worldline.com
About
Worldline’s corporate sense of purpose (“raison d’être”) is to design and operate leading digital payment and transactional solutions that enable sustainable economic growth and reinforce trust and security in our societies. We make them environmentally friendly, widely accessible and support social transformation.
Attachment
Worldline launches an employee shareholding plan for 2020
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