Issue of New VINCI Shares, Reserved for Group Employees in France in the
Context of Its Savings Plan*
RUEIL-MALMAISON, France -- December 28, 2012
The combined general meeting of shareholders held on 12 April 2012, through
its 9^th resolution, delegated to the board of directors its power to make
increases in the capital reserved for employees for a period of 26 months
expiring on 11 June 2014.
The meeting of shareholders defined in this context the manner in which the
issue price of the new shares is determined.
During its meeting held on 22 October 2012, VINCI (Paris:DG) board of
directors fixed terms and conditions of a capital increase reserved for group
employees in France, this transaction being in keeping with the powers
received from the general meeting of shareholders.
The maximum number of shares that could be issued and the total amount of the
issue will depend on the level of employees’ subscriptions for the units to be
issued by the “Castor Relais 2013/1” mutual fund which will be determined at
the end of the subscription period which will be opened from 2 January up to
30 April 2013.
The issue price of the new shares is equal to 95 % of the average opening
prices of the VINCI shares quoted on the regulated market of Euronext Paris SA
on the 20 trading days preceding 22 October 2012, namely € 32.45 per new share
to be issued.
The total number of new shares to be issued cannot exceed the limit prescribed
by the general meeting of shareholders held on 12 April 2012 through its 9^th
resolution. This resolution provides for that the total number of shares that
could be issued pursuant thereto and pursuant to the 10^th resolution to
promote share ownership in favour of employees living in some foreign
countries cannot exceed 2 % of the number of shares comprising the authorised
share capital at the time when the board makes its decision.
The “Castor Relais 2013/1” mutual fund will subscribe for the new VINCI shares
to be issued^1 at the end of May 2013.
Authorization for trading these new shares on the regulated market of Euronext
Paris will be required immediately after their issuing.
These ordinary shares will be accompanied by no restriction and will bear
current dividend rights as from 1^st January 2013.
^1 Up to the total amount of employees’ payments raised by contributions paid
by group companies that are members of its savings plan in France.
^* Employees will subscribe for this issue, which is reserved for them,
through a temporary mutual fund initially and momentarily invested in monetary
securities known as “Castor Relais 2013/1” and classified as a euro monetary
mutual fund. This mutual fund received the approval of the AMF on 15 October
2012, under no. FCE 2012 0103. It will collect the employees’ cash payments
intended to subscribe for the units that it issues. At the end of the 4-month
subscription period opened to the employees, this temporary mutual fund will
subscribe for the VINCI shares issued according to the total amount of the
payments that it collects, and will then be absorbed by the “Castor” mutual
fund on 15 June 2013 at the latest. The AMF approved such a merger in advance
on 25 October 2012 (under no. 77734).
The “Castor” mutual fund is an employee savings and employee shareholder UCITS
invested in VINCI shares. It is one of the principal instruments used for the
implementation of the VINCI group’s company savings plan in France.
A public limited company (société anonyme) with a share capital of €
Registered office: 1, cours Ferdinand de Lesseps
Registration number 552037806 RCS Nanterre
Shareholders relations department:
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