The issuance of Bons de Souscription et/ou d'Acquisition
d'Actions Remboursables (or Callable Share Subscription and/or
Acquisition Warrants, hereinafter referred to as the "Warrant(s)")
launched by Capgemini (Paris:CAP) in May and targeting the Group's
managers - a first for a CAC 40 company - was over-subscribed by
more than 30%. All 2,999,000 Warrants available were subscribed by
more than 630 managers in 22 different countries.
The majority of those managers eligible for this transaction
have taken the risk of making a personal investment of EUR3.22 per
Warrant to be more closely associated with the Group's evolution
and the long-term stock market performance of the Cap Gemini share.
All members of the Group Executive Committee and almost 90% of the
Group's 100 top managers subscribed to the transaction.
For Paul Hermelin, Chief Executive Officer of the Capgemini
Group, "this transaction, which fits in perfectly with the
entrepreneurial spirit of the Group, represents an innovation in
the field of management motivation in that it involves a certain
amount of risk-taking. Its success, particularly in today's
difficult economic environment, demonstrates the confidence of our
managers in the strengths of the Group."
The settlement will take place on July 20, 2009.
Capgemini will deploy the second stage of its new employee
motivation policy by the end of the year with the launch of an
international employee share ownership plan targeting over 90,000
Group employees. A maximum of 6 million Cap Gemini shares will be
issued under this plan, which will enable Capgemini employees to be
more closely associated with the stock-market performance of the
Cap Gemini share over five years with a guaranteed initial
investment in Euros.
Reminder of the main characteristics of the Warrants:
A Warrant grants the right to subscribe one Cap Gemini share
from July 22, 2013 to July 20, 2016 at a price of EUR34 per share,
representing a premium of 27% over the closing price of the Cap
Gemini share on May 12, 2009, and a premium of 29% over the
reference share price (corresponding to the average share price
over the last 20 trading days until May 12, 2009). The price of the
Warrant has been set at EUR3.22 on the basis of an independent
expert opinion described in a prospectus which was granted by the
AMF the visa number 09-140 on May 14, 2009. The Warrants can
neither be sold nor traded during the first four years, and will be
listed during the following three years as from July 22, 2013.
Pursuant to the authorization granted to it by the shareholders at
the ordinary and extraordinary Shareholders' Meeting dated April
17, 2008, the Board of Directors set the list of the eligible
managers belonging to 4 categories, each of which meeting specific
criteria.
About Capgemini
Capgemini, one of the world's foremost providers of consulting,
technology and outsourcing services, enables its clients to
transform and perform through technologies. Capgemini provides its
clients with insights and capabilities that boost their freedom to
achieve superior results through a unique way of working, the
Collaborative Business ExperienceTM. The Group relies on its global
delivery model called Rightshore®, which aims to get the right
balance of the best talent from multiple locations, working as one
team, to create and deliver the optimum solution for clients.
Present in more than 30 countries, Capgemini reported 2008 global
revenues of EUR8.7 billion and employs over 90,000 people
worldwide.
More information is available at www.capgemini.com