ARTICLE
21 October 2024
LVMH ANNOUNCES THE LAUNCH OF AN INTERNATIONAL EMPLOYEE SHAREHOLDING PLAN, LVMH SHARES
External News

Global News Wire

Design and strategy
All plan types
Global

LVMH has launched "LVMH Shares," a new international employee shareholding plan targeting 70% of its workforce across 11 regions in Europe, North America, and Asia, providing preferential subscription terms to enhance employee involvement in the Group's growth. The initiative reflects LVMH's commitment to its values of innovation, excellence, and long-term partnership with employees, highlighting the crucial role of its workforce. Employees can subscribe to shares at a 20% discount during the subscription period from October 24 to November 13, 2024, with securities delivery scheduled for December 18, 2024, and shares to be listed on Euronext Paris.

ARTICLE
23 September 2024
COMPUTERSHARE ANNOUNCES NEW "IRISH SAVE AS YOU EARN" PROGRAMME
External News

Computershare

Design and strategy
Save as you earn (SAYE)
Ireland

Computershare has partnered with AIB to provide an Irish "Save As You Earn" (SAYE) programme, allowing clients to use AIB as a savings carrier for their approved SAYE schemes. The SAYE plan enables employees to save a portion of their net pay to purchase shares in their company, with the option price often discounted by up to 25%. This flexible plan offers employees the ability to profit from company performance while minimizing share price risk, as they can choose to take their savings back if share prices do not rise.

ARTICLE
11 April 2024
OVER 80% OF HONG KONG-LISTED COMPANIES INCLUDE AN EMPLOYEE SHARE PLAN IN THEIR REMUNERATION STRATEGY
External News

Human Resorces Online

Design and strategy
All plan types
Hong Kong

The information technology sector leads investments in employee share schemes in Hong Kong, contributing HK$38.5 billion, which accounts for over half of the total annual spend of HK$72 billion among listed companies. The adoption of employee share plans has surged over the past decade, with 83.6% of listed companies now offering them, primarily in the form of share options and share awards, the former being more common among smaller companies. Larger companies tend to have a mix of both options and awards, with the healthcare and IT sectors showing the highest adoption rates for share awards, at 58.7% and 46.6%, respectively.

ARTICLE
16 September 2024
EMI SCHEMES: ENTERPRISE MANAGEMENT INCENTIVES
External News

BDO

Design and strategy
Stock options
UK and Channel Islands

Enterprise Management Incentive (EMI) schemes provide significant tax benefits for trading companies with gross assets of £30 million or less, allowing them to recruit and retain employees through share options without incurring income tax or national insurance contributions upon grant or exercise. Companies can grant options valued up to £250,000 per individual, with a total limit of £3 million, while ensuring that qualifying employees work at least 25 hours per week or 75% of their time for the company. However, companies must navigate potential pitfalls, such as changes in control or trading activities, and adhere to strict reporting requirements to maintain the favorable tax treatment of EMI options.

 

 

ARTICLE
23 April 2024
WORKER SHARE OWNERSHIP SCHEMES IMPORTANT TO ECONOMIC TRANSFORMATION
External News

South African Government News Agency

Design and strategy
All plan types
South Africa

President Cyril Ramaphosa emphasized the importance of worker share ownership schemes for economic transformation, stating that giving workers a stake in corporate decision-making fosters innovation, morale, and builds a resilient economy. Speaking at the inaugural Worker Share Ownership Conference, he highlighted that Employee Share Ownership Plans (ESOPs) can deepen workers' understanding of business challenges and opportunities, promoting growth, investment, and job creation. He also stressed that these initiatives not only advance social justice but make sound business sense, helping to equitably distribute the benefits of economic progress across society.

 

ARTICLE
3 September 2024
ELIS ANNOUNCES A 2024 “ELIS FOR ALL” EMPLOYEE SHARE OWNERSHIP PLAN
External News

Yahoo Finance

Design and strategy
All plan types
France

Elis has launched the "Elis for All" 2024 employee share ownership plan, offering its employees the chance to invest in company shares with a 30% discount and a matching contribution of one share for every 10 subscribed. The plan applies to employees in France and various international subsidiaries, with a minimum three-month seniority requirement. Participants must hold their shares for three to five years, depending on their location, and the offering is part of a broader effort to strengthen employee engagement and ownership within the Elis Group.

ARTICLE
11 September 2024
AXA'S SHAREPLAN 2024 ALLOWS EMPLOYEES TO INVEST WITH DISCOUNTED SHARE OPTIONS
External News

Insurance Business Magazine

Design and strategy
Discount shares
UK and Channel Islands

AXA has launched its annual employee share offering, "Shareplan 2024," allowing over 110,000 employees in 40 countries to participate through two plans: the Classic offer and Guarantee Plus offer. Employees can purchase shares at a discount, with the Classic offer providing shares at 80% of the reference price and Guarantee Plus at 93.6%, along with a guaranteed return through AXA’s partner bank. The maximum capital increase under this offering is around €135 million, and the new shares will be eligible for dividends from January 1, 2024.

ARTICLE
11 September 2024
CAPGEMINI LAUNCHES ITS ELEVENTH EMPLOYEE SHARE OWNERSHIP PLAN
External News

Capgemini

Design and strategy
All plan types
France

Capgemini has launched its eleventh Employee Share Ownership Plan (ESOP), offering approximately 97% of its employees the opportunity to subscribe to up to 2,700,000 new shares, maintaining employee shareholding at around 8% of the company’s capital. The subscription period runs from September 12 to October 1, 2024, followed by a subscription/revocation period in November, with shares offered through leveraged and guaranteed formulas to protect employees from potential losses. To neutralize the dilutive effect of the capital increase, Capgemini's Board has authorized a share buyback within the next 12 months.

ARTICLE
10 September 2024
MICHELIN LAUNCHES A NEW GLOBAL EMPLOYEE SHARE OWNERSHIP PLAN: BIB'ACTION 2024
External News

Yahoo Finance 

Design and strategy
All plan types
France

Michelin has launched a new global employee share ownership plan, "BIB'Action 2024," offering 127,000 employees in 44 countries the opportunity to buy shares at a 20% discount with additional free shares depending on the number purchased. The plan, which aims to increase employee ownership within the company, allows participants to vote at the 2025 Shareholders Meeting and receive dividends, with a five-year lock-up period on the shares. The subscription period runs from September 11 to 26, 2024, and the shares will be delivered by October 29, 2024.

ARTICLE
9 September 2024
AIRBUS COMMENCES LIMITED SHARE BUYBACK TO SUPPORT FUTURE EMPLOYEE SHARE OWNERSHIP PLAN ACTIVITIES AND EQUITY-BASED COMPENSATION
External News

Airbus

Design and strategy
All plan types
European Union

Airbus has initiated a share buyback program to support its future employee share ownership and equity-based compensation plans, aiming to repurchase up to 4,254,000 shares by 31 March 2025. The first tranche, involving up to 2,127,000 shares, will run from 9 September to 31 October 2024, managed independently by an investment firm. The program is designed to avoid dilution of existing shareholders and is in compliance with EU market regulations.