REG-GETLINK S.E. Getlink: Signing a new collective employee savings plan

Getlink SEAnnouncement

14/01/2019 07:45

      Getlink: Signing a new collective employee savings plan
    

    

      Getlink (Paris:GET) welcomes the signing of a new collective employee 
      savings plan agreement, applicable to all Group employees in France and 
      once again demonstrating the quality of employee relations within the 
      company.
    

      The new version of the scheme, applicable from 1 January 2019, covers a 
      period of three years and will provide employees with an attractive 
      top-up facility from the company, encouraging all covered to subscribe 
      to it. The French Group Employee Savings Plan will be replicated in the 
      United Kingdom, in the form of a top-up Share Incentive Plan.
    

      This new addition to the French Group Employee Savings Plan is part of 
      the Group’s proactive employee share policy which has been in place 
      since 2011 and which includes the distribution of free shares to all 
      employees. For each employee working for the company, in both France and 
      the United Kingdom since 2011, Getlink has distributed a total of 1,010 
      free shares.
    

      This new package offers a matching rate of 100% for the first 900 Euros 
      invested, then 50% for the next 300 Euros and a 25% rate above 1,200 
      Euros, within the legal and conventional limits. The potential gain 
      therefore increases by almost 17% compared to the previous scheme, 
      equivalent to an additional payment of 1,050 Euros that can be allocated 
      to each employee of the Group.
    

      Jacques Gounon, Chairman and Chief Executive Officer of Getlink 
      stated, “Developing employee share ownership is a major element of 
      our strategy to align the interests of all the Group’s stakeholders.”
    

      For UK media enquiries
John Keefe on + 44 (0) 1303 
      284491 0467
Email: press@getlinkgroup.com
    

      For other media enquiries
Anne-Laure Desclèves on 
      +33(0)1 4098
    

      For investor enquiries
Jean-Baptiste Roussille on 
      +33 (0)1 40 98 04 81
Email: jean-baptiste.roussille@getlinkgroup.com
    

      Michael Schuller on +44 (0) 1303 288749
Email: Michael.schuller@getlinkgroup.com
    

    
View source version on businesswire.com: https://www.businesswire.com/news/home/20190113005049/en/

      GETLINK S.E.