Results of the AXA Group employee share offering in 2018
On August 24, 2018 AXA announced the launch of its 2018 employee share offering (“SharePlan 2018”), a capital increase reserved to its employees worldwide.
Approximately 24,000 employees in 36 countries, representing over 23% of the eligible employees, subscribed to SharePlan 2018.
The aggregate proceeds from the offering amount to approximately Euro 330 million, for a total of over 15 million newly-issued shares*, subscribed at a price of Euro 18.56 for the classic plan and Euro 21.83 for the leveraged plan. The new shares are created with full rights as of January 1st, 2018. This offering increases the total number of outstanding AXA shares which amounts to 2,438,770,645 on November 30, 2018.
Following SharePlan 2018, AXA’s employees hold 5.17% of the share capital and 6.46% of the voting rights.