UK SHARE OFFER 25 TH FEBRUARY 2008
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Human Resources 2008 Employee Share Plan UK SHARE OFFER 25 TH FEBRUARY 2008 2008 Employee Share Plan
description
2008 Employee Share Plan. UK SHARE OFFER 25 TH FEBRUARY 2008. THALES EMPLOYEE SHAREHOLDING. potential. 2008 Employee Share Plan. 2008 OFFER. CONTENTS. Thales strategy. 2008 Offer. In depth…. In time…. France – 34,749. Germany – 4,626. UK – 9,085. Australia – 3,470. - PowerPoint PPT Presentation
Transcript of UK SHARE OFFER 25 TH FEBRUARY 2008
Human Resources
2008 Employee Share Plan
UK SHARE OFFER25TH FEBRUARY 2008
2008 Employee Share Plan
2Human Resources
THALES EMPLOYEE SHAREHOLDING
0,0%
1,0%
2,0%
3,0%
4,0%
5,0%
6,0%
12/1998 12/1999 12/2000 12/2001 12/2002 12/2003 12/2004 12/2005 12/2006 04/2007 12/2007 05/2008
potential
Human Resources
2008 Employee Share Plan
2008 OFFER
2008 Employee Share Plan
4Human Resources
CONTENTS
Thales strategy 2008 Offer
In depth… In time…
5Human Resources
WORLDWIDE OFFER (> 150 employees)
France – 34,749UK – 9,085
Netherlands – 1,967
Germany – 4,626
Australia – 3,470
South Africa334
Canada – 1,115
USA – 2,937
Spain – 2,071 Belgium – 1,008
Italy – 2,679
Norway - 207
Switzerland - 272
Austria - 174
Portugal - 156
Singapore - 217
Argentina - 234
17 countries – 65 000 persons95% of Thales staff
Headcounts April 2007
6Human Resources
THE BENEFICIARIES
Employees
who have an employment contract with one of the Thales group companies, or JVs held at 50% or higher
with at least 3 months service on the last day of the cancellation period (28 April 2008)
Expatriates : specific rules Employees who leave on or before 1st May,
even though they applied to join, can be excluded from the offer (provided HBOS is informed on or before 30 April).
7Human Resources
THE 2008 EMPLOYEE SHARE PLAN
3,500,000 shares available for the offerthrough 2 formulas which can be combined
« Classic Share » « Share Plus »
Maximum of 2 million shares availableAllocated in priority
8Human Resources
“CLASSIC SHARE” FORMULA
Example>>
PersonalContribution
1 share with 20% discount
>> Subscription >> At selling
InitialInvestment
Re-investedDividends
+
ClassiClassicc
>> During 5 years
PersonalContribution
1 share with 20% discount
Re-investedDividends+
+all capital
gain
all capital loss
-
10Human Resources
“SHARE PLUS” FORMULA
Example>>
PersonalContribution
1 share with 15% discount
>> Subscription
Share PlusShare Plus
>> During 5 years
+
Locked in FCPE
3 Shares financed by
the bank
>> At maturity in 2013
Initial investment on 1 share protected
100% of the gain on 1
share
Capital gain+
+ 69% of the average
protected gain on 3 shares
Additional gain+
