This new employee share ownership plan is offered to approximately 98% of the employees and is part of the Group’s policy to associate all employees with its development and performance. This ESOP will be implemented through a capital increase reserved for the Capgemini employees for a maximum of 2,700,000 shares (i.e. 1.58% of outstanding shares). As the 2020 ESOP reaches its term at the end of the year, this twelfth plan will help maintain employee shareholding at around 8% of Capgemini SE’s share capital.
As in 2024, the Board of Directors of Capgemini SE at its meeting of June 11 and 12, 2025 decided to authorize a dedicated share buyback envelope, distinct from the €2 billion multi-year share buyback program announced on July 30, 2025. This envelope could be used within the next 12 months1 to neutralize all or part of the dilutive effect of this capital increase.
Catch more HRTech Insights: HRTech Interview with Allyson Skene, Vice President, Global Product Vision and Experience at Workday
According to the planned schedule, the reservation period will be opened from September 12 to October 1, 2025 (inclusive) and will be followed by a subscription/revocation period from November 12 to November 14, 2025 (inclusive). The subscription price of the new shares will be set on November 6, 2025 and the capital increase will be completed on December 18, 2025.
Employees will be able to subscribe to Capgemini shares within the framework of subscription leveraged and guaranteed formulas. These formulas will ensure that employees will be safeguarded against any potential loss during the period when the shares are non-tradable. The voting rights will be exercised by the holders who – depending on the formula and the context – will be an FCPE (Fonds Commun de Placement d’Entreprise), the employees via direct shareholding and/or the financial institution structuring the offer or its counterparties.
The implementation of the leveraged guaranteed offering implies hedging transactions entered into by the financial institution structuring the offer (Crédit Agricole Corporate and Investment Bank), on market or off- market, through purchases and/or sales of shares, purchase of call options and/or any other transactions, at any time, including during the Reference Price2 fixing period, i.e. from October 9 to November 5, 2025, and over the entire course of the plan, i.e. until December 18, 2030.
Read More on Hrtech : Invisible Gaps in Employee Experience: What your HR Tech Metrics aren’t Capturing
[To share your insights with us, please write to psen@itechseries.com ]