ATOS SE launches an employee shareholding plan for 2020

ATOS SE launches an employee shareholding plan for 2020

Paris, June 2, 2020 - Atos SE announces the launch of the employee shareholding plan entitled « Share 2020 » under the framework of article L. 225-138-1 of the French Commercial Code (Code de commerce) and articles L. 3332-18 et seq. of the French Labor Code (Code du travail). The objective of this plan is to strengthen the Group’s relationship with its employees by offering them the possibility of being more closely associated with the Group’s future performance.

This offering of shares will be made to all employees of the Group located in France, Australia, Austria, Belgium, Brazil, Bulgaria, Canada, China, Croatia, Czech Republic, Denmark, Finland, Germany, Greece, Hong-Kong, Hungary, India, Italy, Luxembourg, Malaysia, Mexico, Netherlands, Poland, Portugal, Romania, Senegal, Serbia, Singapore, Slovakia, Spain, Sweden, Switzerland, Taiwan, Thailand, Turkey, United Arab Emirates, United Kingdom, United State of America and Uruguay, who will be eligible for the Atos Group savings plan (Plan d’Epargne Groupe « PEG »), subject to obtaining the required authorization from local authorities.

The subscription period will take place from June 3, 2020 to June 19, 2020 (inclusive).

The settlement-delivery of the shares shall occur as of July 31, 2020.

The terms and conditions of the transaction are described hereafter.

DETAILS OF THE TRANSACTION

ISSUER

ATOS SE

European company

Share capital of EUROS 109 214 914

Registered office located at River Ouest – 80 quai Voltaire, 95870 Bezons

323 623 603 RCS PONTOISE

Euronext Paris (France) – compartment A

Common Share ISIN code:   FR0000051732 

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 April 30, 2019 under the 20th resolution, the Board of Directors of Atos SE decided on March 26, 2020 to issue shares reserved for employees under the framework of article L. 225-138-1 of the French Commercial Code (Code de commerce) and articles L. 3332-18 et seq. of the French Labor Code (Code du travail).

OFFERED SECURITIES

Pursuant to the authorization granted by the Combined General Shareholders’ Meeting held on April 30, 2019 under the 20^th resolution, the Board of Directors of Atos SE decided on the principle of a capital increase of the Company, up to 2% of the share capital on the day of the Combined General Shareholders’ Meeting of April 30, 2019,  for the benefit of employees of Atos SE and of the group companies affiliated with Atos SE pursuant to Article L. 225-180 of the French Commercial Code and Article L. 3344-1 of the French Labor Code who are members of the Atos Group savings plan, and delegated to the Chief Executive Officer the power to set the subscription price by applying a 25% discount to the reference price.

On May 29, 2020, the Chief Executive Officer set the subscription price to EUROS 48.45. This subscription price is equal to 75% of the reference price (the average of the opening share price of Atos SE on Euronext Paris during the twenty trading days preceding this date), or in other terms, the reference price with a discount of 25%.

The newly created Atos SE shares will carry entitlement, as from January 1^st, 2020.

CONDITIONS OF THE SUBSCRIPTION

• Beneficiaries of the share offering reserved for employees: the beneficiaries of the offering are employees of companies in the offering perimeter that are members of the PEG, regardless of the nature of their employment contract subject to a minimum period of employment. Pre-retirees and retirees in France who became members of the PEG before retirement remain beneficiaries and may carry on payments subject to having held assets in the PEG.
  
   
• Companies in the employee offering perimeter:
  
   
  • Atos SE (European Company), with a share capital of EUROS 109 214 914 with its registered office located at River Ouest – 80 quai Voltaire, 95870 Bezons; and
    
     
  • Companies with their registered offices in France, Australia, Austria, Belgium, Brazil, Bulgaria, Canada, China, Croatia, Czech Republic, Denmark, Finland, Germany, Greece, Hong-Kong, Hungary, India, Italy, Luxembourg, Malaysia, Mexico, Netherlands, Poland, Portugal, Romania, Senegal, Serbia, Singapore, Slovakia, Spain, Sweden, Switzerland, Taiwan, Thailand, Turkey, United Arab Emirates, United Kingdom, United State of America, and Uruguay which are part of the accounting consolidation perimeter of Atos SE pursuant to section L. 233-16 of the French Commercial Code and that have become members of the PEG, subject to having received the local authorizations in some of these countries.
    
     
• 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 an employee shareholding fund (FCPE). However, by exception, in Canada, C