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Societe Generale: Result of the global employee share ownership plan 2019 and new share capital


RESULT OF THE GLOBAL EMPLOYEE SHARE OWNERSHIP PLAN 2019 & NEW SHARE CAPITAL


Press release

Paris, 1 August 2019


Societe Generale announces the completion of its 28th capital increase reserved for the Group’s employees and former employees.

The Global Employee Share Ownership Programme 2019 edition was made from 3 to 17 June 2019 at a subscription price of 21.69€ per share, representing a 20% discount on the base price.  The plan was offered in 47 countries.

More than 39,000 persons took part in the Plan this year. In France, this represents more than 41% of the beneficiaries compared to 16% abroad. The overall subscription rate is stable at 31%, amounting to a total subscription of 122.3 million euros.

This operation will have a +3 basis points impact on the Group’s CET1 ratio, which will be booked in the third quarter 2019.

The share capital of Societe Generale amounts to €1 066 714 367.50 divided into 853 371 494 shares with a nominal value of €1.25 per share, following the acknowledgment, on 1 August 2019, of the completion of the capital increase reserved for employees.

Press contact:

Antoine Lheritier 01 42 13 68 99 antoine.lheritier@socgen.com

Societe Generale

Societe Generale is one of the leading European financial services groups. Based on a diversified and integrated banking model, the Group combines financial strength and proven expertise in innovation with a strategy of sustainable growth, aiming to be the trusted partner for its clients, committed to the positive transformations of society and the economy.

Active in the real economy for over 150 years, with a solid position in Europe and connected to the rest of the world, Societe Generale has over 149,000 members of staff in 67 countries and supports on a daily basis 31 million individual clients, businesses and institutional investors around the world by offering a wide range of advisory services and tailored financial solutions. The Group is built on three complementary core businesses:

  • French Retail Banking which encompasses the Societe Generale, Crédit du Nord and Boursorama brands. Each offers a full range of financial services with omnichannel products at the cutting edge of digital innovation;
  • International Retail Banking, Insurance and Financial Services to Corporates, with networks in Africa, Russia, Central and Eastern Europe and specialised businesses that are leaders in their markets;
  • Global Banking and Investor Solutions, which offers recognised expertise, key international locations and integrated solutions.

Societe Generale is included in the principal socially responsible investment indices: DJSI (World and Europe), FTSE4Good (Global and Europe), Euronext Vigeo (World, Europe and Eurozone), four of the STOXX ESG Leaders indices, and the MSCI Low Carbon Leaders Index.
For more information, you can follow us on Twitter @societegenerale or visit our website www.societegenerale.com


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