Publicis Groupe Overview of the share buyback program authorized by the Combined Ordinary and Extraordinary General shareholders’ Meeting of May 29, 2019
Pursuant to Articles L. 225-209 et seq of the French Commercial Code, Articles 241-1 et seq. of the General Regulation of the French Financial Markets Authority (AMF - Autorité des Marchés Financiers), Regulation (EU) n° 596/2014 of April 16, 2014, Delegated Regulation (EU) 2016/1052 of March 8, 2016 and the market practices accepted by the AMF, this overview contains information on the objectives and terms of the Publicis Groupe S.A. (Paris:PUB) [Euronext Paris FR0000130577, CAC 40] share buyback program in accordance with the authorization granted by the shareholders under the 22nd resolution adopted at the Combined General Meeting dated May 29, 2019.
Issuer: Publicis Groupe S.A., a French Company with a Management Board and a Supervisory Board, with share capital of 94,227,499.60 euro and its principal office at 133 Avenue des Champs-Elysées,
75008 Paris, France, registered with the Paris Trade and Companies Registry under number 542,080,601.
Stock Exchange: Euronext Paris
LEI : 2138004KW8BV57III342.
Number of shares and fraction of capital held directly or indirectly by the issuer
As of May 31, 2019, the Company’s capital was made up of 235,568,749 shares of which 3,715,429 were held by the Company, representing 1.58% of its capital.
Allocation of equity held on May 31, 2019 according to objectives
- 167,500 shares allocated for encouraging the secondary market or liquidity of Publicis Groupe S.A. shares pursuant to a liquidity agreement;
- 23,328 shares allocated for payments or exchanges in connection with external growth transactions; and
- 3,524,601 shares allocated to allow allotment or sale of shares to employees and/or corporate officers of the Company and/or its Group.
Characteristics of the 2019-2020 share buyback program
Buyback program objectives
The objectives of the program authorized by the shareholders at their General Meeting of May 29, 2019 (22th resolution) are as follows:
- Allotting or selling shares to employees and/or corporate officers of the Company and/or of its Group, in accordance with the requirements and procedures prescribed by applicable statutes and regulations, in particular as part of a plan for sharing in the Company’s expansion, by allotting free shares or granting stock options, or through company savings plans or inter-company savings plans, or by any other method of compensation in shares;