On August 25, 2009 AXA announced the launch of its 2009 SharePlan offering (“SharePlan 2009”), a capital increase reserved to its employees worldwide.
Approximately 31,000 employees in 40 countries, representing 25% of eligible employees, subscribed to SharePlan 2009. The large number of employees who chose to subscribe represents a clear vote of confidence in AXA.
The aggregate proceeds from the offering amount to approximately Euro 390 million, for a total of more than 26 million newly issued shares, subscribed at a price of Euro 14.92 for the classic and the leveraged plans. The new shares have been created with full rights from January 1, 2009.
This offering increases the total number of outstanding AXA shares to 2,289,595,264 as of December 11, 2009.
Following SharePlan 2009, AXA’s employees hold around 5.8% of the share capital and 6.4% of the voting rights.
