AXA Group, an international company engaged in financial protection, represents the results of SharePlan offering 2008, a capital increase reserved to its employees worldwide.
Approximately 36,000 employees in 37 countries, representing 30% of eligible employees, subscribed to SharePlan 2008. The large number of employees who chose to subscribe represents a clear vote of confidence in AXA, its business model and its project Ambition 2012 to become a stable company in its industry.
The aggregate proceeds from the offering amount to approximately 460 million, for a total of more than 24 million newly issued shares, subscribed at a price of 17.18 for the classic plan and 18.43 for the leveraged plan(1). The new shares have been created with full rights from 1 January 2008. This offering increases the total number of outstanding AXA shares to 2,089 million as of 28 November 2008.
AXA’s employees investing in SharePlan 2008 will have direct voting rights at AXA’s general shareholders’ meetings and will thereby be able to directly express their opinion on the decisions driving the strategy of the AXA Group. Following SharePlan 2008, AXA’s employees hold around 5.84% of the share capital and 6.42% of the voting rights.
L.D.