Rémy Cointreau Launches Its First Employee Stock Ownership Plan ‘My Rémy Cointreau 2021’ in France
REMY COINTREAU UNSP/ADR (REMYY)
NASDAQ:AMEX Investor Relations:
remy-cointreau.com/en/finance/publications
Company Research
Source: Business Wire
PARIS--(BUSINESS WIRE)--Regulatory News:In recognition of its employees’ commitment to the company, Rémy Cointreau (Paris:RCO) is launching its first capital increase reserved for its employees in France in 2021, with an international opening envisaged in 2022. This will take the form of a ‘known price’ subscription through a collective employee shareholding fund, or FCPE. Settlement of the shares is scheduled for 6 August 2021 at the latest.In conformity with the decision of the Rémy Cointreau Board of Directors of 31 March 2021, the total amount dedicated to the transaction may not exceed 50,503 shares, i.e. 0.1% of the capital.In accordance with the timetable determined for the transaction, and subject to the decision of the Chief Executive Officer, eligible employees will be able to subscribe between 24 June and 13 July 2021. The capital increase will be recorded on 6 August 2021.The offer made to employees will allow them to subscribe at a reference price discounted by 20%, w
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