Euronext introduces its first all-employee share grant

Back

ALIGNED WITH EURONEXT’S NEW 3-YEAR STRATEGY “LET’S GROW TOGETHER 2022”

Amsterdam, Brussels, Dublin, Lisbon, London, Oslo and Paris  – 6 March 2020 – Euronext today announced its first Performance Share Plan granting free shares to all employees across the company, subject to approval by Euronext shareholders. As part of this award, every eligible Euronext employee will receive a grant of 10 performance shares, taking the percentage of beneficiaries of a performance share plan from 24% to 100 % of eligible Euronext employees.

This all-employee performance share grant will vest in three years and will enable all employees to fully share in the success of Euronext’s growth ambitions. It is the first award of its kind since the creation of Euronext in 2000, and consists of offering existing shares held in treasury, previously repurchased by Euronext.

The purpose of this grant is to continue building on the active participation of all Euronext employees in the company’s new strategic plan. Co-designed with all the teams across the different geographies, with surveys and workshops, the “Let’s Grow Together 2022” strategic plan aims at building the leading pan-European market infrastructure, connecting local economies to global capital markets.

Stéphane Boujnah said: “Euronext’s share price performance reflects the contributions of all the Euronext teams. Today we are proud to associate directly all our Euronext colleagues in the company’s future success through this all-employee share grant. We believe it is important for everyone across the company to be fully aligned in pursuit of the same goal: the success of our “Let’s Grow Together 2022” plan. Alignment and sharing are the pre-requisites for our inclusive success, and this grant fuels Euronext’s ESG ambitions for the financial industry.”

Press Release Footer

About Euronext 
Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With more than 1,900 listed issuers and around €7.1 trillion in market capitalisation as of end March 2024, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.  
For the latest news, follow us on Twitter (twitter.com/euronext) and LinkedIn (linkedin.com/euronext).

Disclaimer
This press release is for information purposes only and is not a recommendation to engage in investment activities. This press release is provided “as is” without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, Euronext does not guarantee its accuracy or completeness. Euronext will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. All proprietary rights and interest in or connected with this publication shall vest in Euronext.

This press release speaks only as of this date. Euronext refers to Euronext N.V. and its affiliates. Information regarding trademarks and intellectual property rights of Euronext is located at www.euronext.com/terms-use.

© 2024, Euronext N.V. - All rights reserved.