2000 Share Scheme

The offer was presented to employees in 2000. All shares are now released free of Tax ad NI.

Share Offer Reference Price

The reference price was 36€. The market price at the time of allocation was 43.29€ and the exchange rate was fixed at 1.5816€ to the £.

Share Allocation

The 2000 Employee share issue was oversubscribed by a factor of 3.3. In total, 34,700 current and former employees in 16 countries applied for shares. About 70% of employees now own shares in the company. A scale back approach was implemented and administered by IRG (the independent trustees). Beneficial ownership of the shares passed to purchasers with effect from September 2000.

Scale-back Arrangements

  • From 1 to 30 shares applied for: 100% of allocation
  • From 31 to 150 shares : 30% of the shares applied for in the range
  • From 151 to 1000 shares: 3.23% of the shares applied for in the range
  • Over 1000 shares : No allocation

For example, an application for 250 shares would result in 73 shares being allocated.

Breakdown of shares by formula

ThomExpress 2000 6%
ThomClassic 2000 25%
ThomPlus 2000 ThomClassic+ 2000 69%

Breakdown of shares by country after both offers

The following table is the breakdown per country, according to number of shares held, after both share offers.

France 79.1%
Great Britain 7.9%
Netherlands 7.0%
Germany 3.7%
Belgium 0.5%
Australia 0.5%
South Africa 0.1%
Canada 0.1%
Spain 0.3%
USA 0.3%
Italy 0.2%
Japan 0.0%
Morocco 0.0%
Norway 0.1%
Singapore 0.1%
Switzerland 0.3%

The following table is the breakdown per country, according to number of employees who subscribed, after both share offers.

France 76.5%
Great Britain 8.5%
Netherlands 6.3%
Germany 5.0%
Belgium 0.4%
Australia 0.4%
South Africa 0.4%
Canada 0.2%
Spain 0.5%
USA 0.6%
Italy 0.3%
Japan 0.0%
Morocco 0.1%
Norway 0.2%
Singapore 0.1%
Switzerland 0.4%

Former employees having subscribed in France are not included in these computations


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