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BRIEF-Sopra Steria to launch employee purchase plan
March 14, 2017 / 5:37 PM / 9 months ago

BRIEF-Sopra Steria to launch employee purchase plan

March 14 (Reuters) - Sopra Steria Group SA:

* Announces launch of an employee purchase plan reserved for employees belonging to an employee savings plan

* Offer will be carried out via transfer of existing treasury shares and/or shares bought back in advance by Sopra Steria Group under a share buyback programme

* Offer will involve a maximum of 220,000 shares in the company, corresponding to 110,000 shares purchased by employees and 110,000 free shares awarded as employer`s matching contribution

* Purchase price will be equal to 100 percent of benchmark price, corresponding to average of weighted average prices for CO’s shares on Euronext Paris Market preceding March 29, 2017

* Offer is not proposed in the U.S. Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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