Take part in Legrand’s first international employee share plan and have a say in the future of the Group
The Legrand Group’s international employee share plan gives you, as an employee, the opportunity to further increase your involvement in the future of the Group by investing in Legrand shares on preferential terms.
What are the benefits of the plan?
- You benefit from a 20% discount on the reference price of the share,
- Legrand matches 100% of your personal contribution, up to a maximum of €600, i.e. a maximum matching contribution of €600.
Let’s illustrate these benefits with an example
If the reference price is €88, the subscription price, including the 20% discount, is €70.40.
If you invest €600, Legrand tops up your investment with a €600 matching contribution.
Your investment (personal contribution + matching contribution) in the employee share plan will therefore be €1,200.
You will therefore hold 17.0455 units in the “Actions Legrand” Fonds Commun de Placement d’Entreprise. [on screen => €1,200 ÷ €70.40 = 17.0455 shares]
In short: by combining the effect of the discount with that of the matching contribution, your investment in the FCPE will represent, at the value of the reference price, an amount equivalent to €1,500, for an initial investment of €600. [on screen => 17.0455 shares x €88 = €1,500]
[on screen at the bottom => To find out more about the taxation applicable to the plan, please refer to the local supplement for your country, available at https://employeeshareplan.legrandgroup.com.]
But that’s not all...
The Legrand Group will also cover the account maintenance and management fees.
Like any shareholder, you will benefit from any dividends, which will be automatically reinvested in Legrand shares in the FCPE.
Please note before you invest
Your investment mirrors the Legrand share price, which may increase or decline.
Your investment carries a foreign exchange risk. As the Legrand share is listed in Euros on the Paris Stock Exchange, the value of your investment during the term thereof will vary based on fluctuations in the exchange rate between the Euro and your currency.
While your investment is not protected, the aforementioned benefits allow you to limit the risk of loss if the Legrand share price falls, and increase your profit if it rises.
Your investment in the plan will be blocked in for 5 years, but there are cases of early release listed in the local supplement specific to your country.
If you have any questions, you can find your local representative in the “Contact” section at https://employeeshareplan.legrandgroup.com.
Would you like to make the most of this opportunity?
This plan is simple and accessible to everyone: you can subscribe any amount you wish; there is no minimum subscription,
Finance your subscription by using one or a combination of the following methods:
- in monthly instalments, by payroll deduction,
- in cash.
Visit https://employeeshareplan.legrandgroup.com to find out more and invest from 18 March to 2 April 2024.
Seizing the future together
Why invest?
You can acquire Legrand shares:
- on preferential terms,
- with no minimum subscription.
What is an employee share plan?
It is a scheme enabling employees to invest in their company’s shares on preferential terms.
Why is my company offering me this deal?
The Legrand Group wishes to further increase your involvement, as an employee, in the future of the Group.
The employee share plan will enable you to become an indirect shareholder in the Group, via a Fonds commun de placement (FCPE or Company Mutual Fund), on preferential terms.
Beyond the financial opportunity, this initiative symbolises our collective vision of the future and recognition of the commitment of each and every one of you.
BENEFITS OF THE OFFER
Your investment mirrors the Legrand share price, and the following benefits help you limit the risks if the share price falls while increasing your profit if it rises.
- 20% discount on the reference price of the share
- +
- Up to €600 from Legrand on top of your personal contribution
- +
- Potential dividends reinvested in the plan
Please note
Your investment is blocked for 5 years, i.e. until 14 May 2029.
There are however cases of early release allowing you to dispose of your assets before the end of the lock-up period.
There is also a foreign exchange risk. As the Legrand share is listed in Euros on the Paris Stock Exchange, the value of your investment during the term thereof will vary based on fluctuations in the exchange rate between the Euro and your currency. This means that if the Euro gains in value against your currency, the value of the shares in your currency will rise. Conversely, if the Euro loses in value against your currency, the value of the shares in your currency will fall.
For further details, in particular on cases of early release and taxation of the plan, please refer to the local supplement specific to your country, available in the “Documentation” section.
Who can subscribe?
- All employees (permanent, fixed-term, work-study) with at least 3 months of employment in a Legrand Group company that is a member of the Plan d’Epargne Groupe International (PEGI or International Group Savings Plan), continuously or discontinuously, between 1st January 2023 and 2 April 2024 (last day of the subscription period), and who are still on the payroll on that day.
Subscribe online from 18 March to 2 April 2024
- Click on “Subscribe”
- Enter your login details received by email or post
- Complete the subscription screen and don’t forget to confirm your subscription no later than 2 April 2024.
