10 July 2019
EDF Group successfully completes its offer reserved for employees and former employees
The offer to eligible employees, former employees and retired employees of the EDF Group1 announced on 17 April 2019 was successfully completed. The operation, offered on attractive terms, met strong demand, illustrated by a large oversubscription of the shares offered: the allocation of 7,704,974 shares offered for sale was thus subscribed for 580%.
On 10 July 2019, EDF purchased 7,704,974 EDF shares from the French State for an aggregate price of €94,462,981.24, i.e., €12.26 per share (which corresponds to the average rate weighted by the daily volumes of EDF shares traded on the Euronext Paris stock market from 23 May to 19 June 2019). These shares will be sold through an FCPE to eligible employees, former employees and retired employees of the EDF Group with a 20% discount, i.e., at €9.81 per share, with a delivery date scheduled for 16 July 2019. In addition, eligible persons benefited from a matching contribution of up to 500 euros.
Jean-Bernard Lévy, Chairman and Chief Executive Officer of EDF, said: “The success of the subscription to the offer reserved for employees, beyond our expectations, demonstrates the great confidence the employees have in their company. EDF is deeply committed to the fight against global warming and the country's energy transformation. The involvement of all our employees in the company's project is the guarantee of our success.”
 Pursuant to the provisions of Article 31-2 of Ordinance No. 2014-948 of 20 August 2014, as amended by the Law No. 2015-990 of 6 August 2015
A key player in energy transition, the EDF Group is an integrated electricity company, active in all areas of the business: generation, transmission, distribution, energy supply and trading, energy services. A global leader in low-carbon energies, the Group has developed a diversified generation mix based on nuclear power, hydropower, new renewable energies and thermal energy. The Group is involved in supplying energy and services to approximately 39.8 million customers(1), 29.7million of which are in France. It generated consolidated sales of €69 billion in 2018. EDF is listed on the Paris Stock Exchange.
(1)The customers were counted at the end of 2018 per delivery site; a customer can have two delivery points: one for electricity and another for gas
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1 Pursuant to the provisions of Article 31-2 of Ordinance No. 2014-948 of 20 August 2014, as amended by the Law No. 2015-990 of 6 August 2015