Worldline launches an worker shareholding plan for 2020 Paris Inventory Trade:WLN

Worldline launches an worker shareholding plan for 2020

Bezons, December 2, 2020 – Worldline, the European chief within the cost and transactional providers trade pronounces at this time the launch of the worker shareholding plan entitled « Increase 2020 » reserved to staff of the Group.

As soon as once more, Worldline presents its staff and staff of the Group the chance to subscribe to discounted Worldline shares with an employer matching contribution underneath the circumstances outlined under, to ensure that its staff to be extra intently related to the Group’s future developments and efficiency. This plan is due to this fact additionally supplied to Ingenico staff, of which Worldline simply finalized the acquisition, and its affiliated firms.

This providing of shares will probably be made to all staff of the Group situated in France, Australia, Austria, Belgium, Brazil, Canada, China, Colombia, Czech Republic, Denmark, Estonia, Finland, Germany, Hong-Kong, India, Indonesia, Italy, Japan, Latvia, Lithuania, Luxembourg, Malaysia, Malta, Mexico, Norway, New-Zealand, the Netherlands, Poland, Singapore, Spain, Sweden, Switzerland, Taiwan, Thailand, Turkey, the UK and the US of America, who’re eligible to the Worldline saving plan (plan d’épargne groupe), topic to acquiring the required authorizations from native authorities.

The subscription interval will happen from December 3, 2020 to December 21, 2020 (inclusive).

The settlement-delivery of the shares shall happen as of February 17, 2021.

The phrases and circumstances of the transaction are described hereafter.

DETAILS OF THE TRANSACTION

Issuer

Worldline
Public restricted firm (Société Anonyme)
Share capital of EUR 189,767,846.16 euros
Registered Workplace: River Ouest – 80 Quai Voltaire – 95870 Bezons
378 901 946 RCS Pontoise
Euronext Paris (France) – compartment A
Widespread share ISIN code: FR0011981968
Safety registered with the Service de Règlement Différé (SRD)

Objective of the providing – causes for the providing

Pursuant to the authorization granted by the Mixed Normal Shareholders’ Assembly held on June 9, 2020 (the “Normal Assembly”) underneath the 42^nd decision, the Board of Administrators of Worldline determined to situation shares reserved to staff of Worldline and of its affiliated firms underneath the framework of article L. 225-138-1 of the French Industrial Code (Code de commerce) and articles L. 3332-18 et seq. of the French Labor Code (Code du travail).

The shares will probably be subscribed in response to the relevant laws within the varied international locations of the scope of the providing through an worker shareholding fund (fonds commun de placement d’entreprise “FCPE”), except for Denmark, Germany, Italy, Japan, Spain and the US the place shares will probably be subscribed straight.

Supplied securities

Pursuant to the authorization granted by the Normal Assembly, the Board of Administrators of Worldline selected July 22, 2020 on the precept of a share capital improve, as much as 2.5% of the share capital on the day of the Normal Assembly reserved to staff of Worldline and its affiliated firms who’re members of the Worldline Group financial savings plan (plan d’épargne groupe “PEG”), and delegated to the Chairman of the Board of Administrators and Chief Govt Officer the facility to set the subscription worth by making use of a 20% low cost to the reference worth (as outlined under).

On December 2, 2020, the Chairman and Chief Govt Officer, upon delegation of the Board of Administrators, set the subscription worth to the quantity of EUR 58.92. This subscription worth is the same as 80% of the reference worth (the common of Worldline opening share costs quoted on the regulated market of Euronext Paris over the twenty buying and selling classes previous this date), that’s to say the reference worth with a reduction of 20%.

The newly-issued Worldline shares will carry entitlement as from January 1^st, 2020, and can grant rights to dividends distributed by the Firm as from January 1^st, 2021.

Situations of the subscription

Beneficiaries

The beneficiaries of the providing of shares reserved to staff are the staff and company officers of firms included within the providing scope who’re members of the PEG, topic to a three-months minimal interval of employment on the final day of the subscription interval. Pre-retirees and retirees of Worldline in France who grew to become members of the PEG earlier than retirement stay beneficiaries and should stick with it funds topic to having held property within the PEG.

Corporations within the worker providing scope:

• Worldline, a French restricted legal responsibility firm (Société Anonyme), with a share capital of EUROS 189,767,846.16 with its registered workplace situated at River Ouest – 80 Quai Voltaire, 95870 Bezons, and
• Corporations affiliated to Worldline underneath the which means of article L. 225-180 of the French Industrial Code (Code de commerce) and article L. 3344-1 of the French Labor Code (Code du travail) which have grow to be members of the PEG and which have their registered workplaces in France, Australia, Austria, Belgium, Brazil, Canada, China, Colombia, Czech Republic, Denmark, Estonia, Finland, Germany, Hong-Kong, India, Indonesia, Italy, Japan, Latvia, Lithuania, Luxembourg, Malaysia, Malta, Mexico, Norway, New-Zealand, the Netherlands, Poland, Singapore, Spain, Sweden, Switzerland, Taiwan, Thailand, Turkey, the UK and the US of America, topic to having acquired the required native authorizations in a few of these international locations.

Proposed subscription system

The beneficiaries will be capable of subscribe to a so-called “basic” system with a 20% low cost and an identical contribution pursuant to the PEG. The beneficiaries who subscribe to the providing will probably be uncovered to share worth fluctuations.

Different subscription circumstances

• Does a preferential subscription proper in case of capital improve exist: this providing doesn’t embody a preferential subscription proper.
• Phrases and circumstances of the subscription: the shares will probably be subscribed via a FCPE. Nonetheless, by the use of exception, in Denmark, Germany, Italy, Japan, Spain and the US of America, the shares will probably be subscribed straight.
• Matching contribution: the subscriptions will probably be complemented by an identical contribution as much as a cap of six Worldline shares.
• Voting rights: the voting rights of the holders of the FCPE models shall be exercised in the course of the Normal Shareholders’ Assembly of Worldline by the FCPE Supervisory Board or straight by the subscribing staff within the international locations the place the shares are subscribed straight.
• Subscription cap: the beneficiaries’ annual funds shall not exceed, in accordance with article L. 3332-10 of the French Labor Code (Code du travail), one-fourth of their gross annual remuneration.
• Lock-up interval relevant to the Worldline shares: the subscribers shall maintain their models of the FCPE or the shares till February 17, 2026 besides within the prevalence of an early launch occasion.

Indicative timeline of the providing

• Workers’ Subscription interval: between December 3, 2020 and December 21, 2020 (inclusive).
• Settlement-delivery of the shares: anticipated to be on February 17, 2021.

Itemizing

The admission of the newly-issued Worldline shares to buying and selling on Euronext Paris (ISIN Code: FR0011981968) is scheduled to happen as of February 17, 2021, on the identical itemizing line of the prevailing shares.

Particular be aware concerning the worldwide providing

This press launch doesn’t represent a suggestion to promote or a solicitation for the acquisition of Worldline shares. The providing of Worldline shares reserved to staff will probably be carried out solely in international locations the place such an providing has been registered with the competent native authorities and/or following the approval of a prospectus by the competent native authorities or underneath an exemption of the requirement to organize a prospectus or register the providing. Particularly, in the US of America, the shares haven’t been and won’t be registered underneath the Securities Act of 1933. Extra usually, the providing will solely be carried out in international locations the place all required submitting procedures and/or notifications have been accomplished and the required authorizations have been obtained. This press launch and its copies are usually not aimed for, and due to this fact shouldn’t be despatched to, international locations by which such prospectus wouldn’t have been accredited or the place such an exemption is just not obtainable or by which any required submitting procedures and/or notifications wouldn’t have but been made, or by which the required authorizations wouldn’t have been obtained.

Worker contact

The beneficiaries could tackle all questions concerning this providing to the contact individual specified within the documentation associated to the subscription made obtainable to staff.

Forthcoming occasions

• February 24, 2021     FY 2020 outcomes
• April 21, 2021             Q1 2021 income
• Could 20, 2021             Annual Normal Shareholders’ Assembly
• July 27, 2021             H1 2021 outcomes
• October 19, 2021       Q3 2021 income

Contacts

Investor Relations

Laurent Marie
+33 7 84 50 18 90
[email protected]

Benoit d’Amécourt
+33 6 75 51 41 47
[email protected]

Communication

Sandrine van der Ghinst
+32 499 585 380
[email protected]

Hélène Carlander
+33 7 72 25 96 04
[email protected]

About Worldline

Worldline [Euronext: WLN] is the European chief within the funds and transactional providers trade and #four participant worldwide. With its international attain and its dedication to innovation, Worldline is the expertise companion of selection for retailers, banks and third-party acquirers in addition to public transport operators, authorities businesses and industrial firms in all sectors. Powered by over 20,000 staff in additional than 50 international locations, Worldline supplies its purchasers with sustainable, trusted and safe options throughout the cost worth chain, fostering their enterprise development wherever they’re. Providers supplied by Worldline within the areas of Service provider Providers; Terminals, Options & Providers; Monetary Providers and Mobility & e-Transactional Providers embody home and cross-border business buying, each in-store and on-line, highly-secure cost transaction processing, a broad portfolio of cost terminals in addition to e-ticketing and digital providers within the industrial surroundings. In 2019 Worldline generated a proforma income of 5.Three billion euros. worldline.com

Worldline’s company sense of function (“raison d’être”) is to design and function main digital cost and transactional options that allow sustainable financial development and reinforce belief and safety in our societies. We make them environmentally pleasant, broadly accessible and assist social transformation.

• Worldline launches an worker shareholding plan for 2020