Terms of subscription

What is the subscription price?

The price is unknown at the time of your reservation.

You invest an amount in the currency of the country in which the offer is made to you.

The number of shares that you will hold in the LINK INTERNATIONAL FCPE will be determined by the subscription price and the exchange rate (used to convert your investment into euros).

The date on which the subscription price and the exchange rate will be set is scheduled for 23 September 2024. After this date, you will have the right to cancel your entire reservation per option during the period provided for this purpose.

The subscription price is equal to the reference price to which a discount of 20% is applied.

With regard to determining potential returns from the Link Multiple option, you waive the benefit of the discount.

The reference price is equal to the arithmetical average of the average ENGIE share prices, weighted by volume traded on the Euronext Paris stock exchange (Volume-Weighted Average Price), during the 20 trading sessions from 26 August to 20 September 2024 inclusive.

 

Who can take part?

• All employees who have an employment contract on 30 September 2024 with a company that is part of ENGIE PEGI and have been on that contract for at least three months, whether consecutive or not, since 1 January 2023..

What are the payment methods?

To find out about the payment methods for Link 2024, please consult your local Link manager.

What amount can you invest?

You are free to choose the amount you wish to invest in Link, within the following limits:

• At least:
  Your personal contribution is at least €10 whichever option you choose (or the equivalent in the local currency in accordance with the exchange rate set on 23 September 2024).
• At most: 
  The total amount of your payments into Link 2024 should not exceed 25% of your gross annual remuneration for 2024 (including allowances, bonuses, etc.).

Moreover, under the Link Multiple plan, your personal contribution is limited to €1,000 (or the equivalent in the local currency indicated at the place of subscription).

Specific rules for calculating the cap of one quarter of the remuneration are applicable in the event of participation in the Link Multiple option. Use the simulator to calculate your investment ceiling .

 

What happens in the event of an over-investment?

The total number of shares offered under Link 2024 comprises an overall package of 14.2 million shares (overall package)¹, which includes a sub-package of 105 million euros for the Link Multiple option (Multiple package).

For each of the packages, if total subscription requests exceed the amount allocated to the package, the subscription requests will be reduced in accordance with the terms and conditions below, starting with the Multiple package.

The amount allocated to the affected package will be divided by the number of participants in this package in order to ascertain an average amount in euros that will be allocated to each participant (Average Sum Allocated):

• All requests for an amount that is lower than or equal to the Average Sum Allocated will be allocated in full;
• All requests for an amount higher than the Average Sum Allocated will be allocated, initially, up to the Average Sum Allocated;
• Thereafter, the amount above the Average Sum Allocated will be reduced proportionally by applying an allocation rate that is determined on the basis of the amount still to be allocated in relation to the amount requested that exceeds the Average Sum Allocated.

If the overall package is exceeded, and if you have invested in both plans, i.e., Link Classic and Link Multiple, the reduction will be applied pro rata to your subscription in each of the plans.

 

How to take part ?

Take part in just a few clicks:

 ¹ For the purpose of applying the reduction rules, the overall share package will be converted into euros based on the subscription.