2000 Share Scheme

The offer was presented to employees in 2000. All shares are now released free of Tax ad NI.

Share Offer Reference Price

The reference price was 36. The market price at the time of allocation was 43.29 and the exchange rate was fixed at 1.5816 to the .

Share Allocation

The 2000 Employee share issue was oversubscribed by a factor of 3.3. In total, 34,700 current and former employees in 16 countries applied for shares. About 70% of employees now own shares in the company. A scale back approach was implemented and administered by IRG (the independent trustees). Beneficial ownership of the shares passed to purchasers with effect from September 2000.

Scale-back Arrangements

  • From 1 to 30 shares applied for: 100% of allocation
  • From 31 to 150 shares : 30% of the shares applied for in the range
  • From 151 to 1000 shares: 3.23% of the shares applied for in the range
  • Over 1000 shares : No allocation

For example, an application for 250 shares would result in 73 shares being allocated.

Breakdown of shares by formula

ThomExpress 2000 6%
ThomClassic 2000 25%
ThomPlus 2000 ThomClassic+ 2000 69%

Breakdown of shares by country after both offers

The following table is the breakdown per country, according to number of shares held, after both share offers.

France 79.1%
Great Britain 7.9%
Netherlands 7.0%
Germany 3.7%
Belgium 0.5%
Australia 0.5%
South Africa 0.1%
Canada 0.1%
Spain 0.3%
USA 0.3%
Italy 0.2%
Japan 0.0%
Morocco 0.0%
Norway 0.1%
Singapore 0.1%
Switzerland 0.3%

The following table is the breakdown per country, according to number of employees who subscribed, after both share offers.

France 76.5%
Great Britain 8.5%
Netherlands 6.3%
Germany 5.0%
Belgium 0.4%
Australia 0.4%
South Africa 0.4%
Canada 0.2%
Spain 0.5%
USA 0.6%
Italy 0.3%
Japan 0.0%
Morocco 0.1%
Norway 0.2%
Singapore 0.1%
Switzerland 0.4%

Former employees having subscribed in France are not included in these computations