18 september – 2 october 2024! Get involved in the Renault Group Employee Shareplan.
Reference price: €41.7973
Subscription price: €29.26
This new shareplan will enable employees to acquire shares indirectly through the “Renaulution International Relais 2024” corporate mutual fund (FCPE) under preferential terms and to receive a contribution offered them by Renault Group, with no payment required.
Yes. You will be able to directly exercise the voting rights relating to the number of whole Renault shares that you hold through the “Renault International” FCPE. The Supervisory Board of the “Renault International” FCPE’s “Share Original” sub-fund will only exercise the voting rights relating to fractional shares.
Following on the success of the “Renaulution Shareplan 2022 and 2023” operation, Renault Group is continuing its commitment to employee shareholding by launching this new plan. Renault Group wants to involve all employees in this major growth and innovation project by again offering them the opportunity to participate in its employee shareplan, “Renaulution Shareplan”, set up as part of the FCPE.
The contributions and the discount may incur social security and/or tax charges applied in your country. Where applicable, these will be deducted from your pay. For more information on the tax and social security implications of your participation in the plan and any reporting requirements, please refer to the “Country Supplement” available in the Documentation section of the https://renaulutionshareplan.renaultgroup.com website.
You can request the early release of your assets at any time via your HR correspondent or keep your assets in the “Renault International” FCPE.
Any dividends paid are decided each year at Renault SA’s General Meeting of Shareholders. Past dividend payments are not an indication of future payments.
The objective of the reduction rule is to pay the unilateral contribution offered to all eligible employees first, followed by the additional contribution paid in respect of the first three shares acquired.
In practice, an initial check will be performed to ensure that the unilateral contribution has been paid. If the unilateral contribution exceeds the cap, this contribution will be reduced by dividing the total number of shares available by the number of employees receiving the unilateral contribution, and the employees’ participation in the share acquisition offer will be cancelled. If it is below the cap, the unilateral contribution will be paid in full.
A second check will then be made to ensure that the share acquisition offer’s cap is not exceeded after the shares required for the unilateral contribution have been deducted. If the cap is exceeded, all share acquisition applications will then be reduced on an average basis. An average investment amount will be calculated based on the number of share acquisition offer applicants. All acquisition applications for less than this average amount will be honoured. Any applications above this average amount will be reduced proportionally to the amount still to be distributed.
You must acquire 3 shares to receive the employer’s maximum contribution equivalent to the value of 8 shares (300% employer’s contribution for the first 2 shares acquired and 100% employer’s contribution for the 3rd share acquired).
By definition, investing in a stock market carries risks such as the following:
No. You still keep your Renault SA shares through the “Renault International” FCPE. Leaving the Group is an early release event allowing your assets to be released before the end of the lock-in period.