Why invest?
You can acquire Legrand shares:
- on preferential terms,
- with no minimum subscription.
What is an employee share plan?
It is a scheme enabling employees to invest in their company’s shares on preferential terms.
Why is my company offering me this deal?
The Legrand Group wishes to further increase your involvement, as an employee, in the future of the Group.
The employee share plan will enable you to become an indirect shareholder in the Group, via a Fonds commun de placement (FCPE or Company Mutual Fund), on preferential terms.
Beyond the financial opportunity, this initiative symbolises our collective vision of the future and recognition of the commitment of each and every one of you.
BENEFITS OF THE OFFER
Your investment mirrors the Legrand share price, and the following benefits help you limit the risks if the share price falls while increasing your profit if it rises.
- 20% discount on the reference price of the share
- +
- Up to €600 from Legrand on top of your personal contribution
- +
- Potential dividends reinvested in the plan
Who can subscribe?
- All employees (permanent, fixed-term, work-study) with at least 3 months of employment in a Legrand Group company that is a member of the Plan d’Epargne Groupe International (PEGI or International Group Savings Plan), continuously or discontinuously, between 1st January 2023 and 2 April 2024 (last day of the subscription period), and who are still on the payroll on that day.
Please note
Your investment is blocked for 5 years, i.e. until 14 May 2029.
There are however cases of early release allowing you to dispose of your assets before the end of the lock-up period.
There is also a foreign exchange risk. As the Legrand share is listed in Euros on the Paris Stock Exchange, the value of your investment during the term thereof will vary based on fluctuations in the exchange rate between the Euro and your currency. This means that if the Euro gains in value against your currency, the value of the shares in your currency will rise. Conversely, if the Euro loses in value against your currency, the value of the shares in your currency will fall.
For further details, in particular on cases of early release and taxation of the plan, please refer to the local supplement specific to your country, available in the “Documentation” section.
