The Veolia Environnement group announced on Tuesday the launch of a new shareholding operation "
offered to approximately 147,000 Group employees
" and which concerns approximately 2% of the group's capital, or more than 11.5 million shares.
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The aim is to "
involve [the employees] in the development and performance of Veolia
" and the operation "
is part of the policy of developing employee shareholding in the Group
", Veolia said in a press release.
Suez digestion in progress
The share subscription price "
will be equal to the average closing price of the Veolia Environnement share on Euronext Paris during the twenty
trading
days
" preceding the decision of the CEO of the group Antoine Frérot on May 4, 2021 to launch this transaction. employee shareholding, reduced by a 20% discount.
The settlement-delivery of the new shares to be issued should take place on December 8, 2021.
Veolia, the world leader in water and waste management, has embarked on the acquisition of its competitor Suez. Veolia will thus see its workforce increase from nearly 179,000 to 230,000 employees and its turnover from 26 to 37 billion euros.
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