Member access

4-Traders Homepage  >  Shares  >  Euronext Paris  >  ARKEMA    AKE   FR0010313833

ARKEMA (AKE)

919
SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll news 

ARKEMA : Successful Third Share Capital Increase Operation Reserved for Arkema Employees

04/20/2012 | 05:45am US/Eastern

Regulatory News:

With 6,150 employees and former employees subscribing for 535,013 shares totalling 29.2 million euros, the third capital increase operation reserved for Arkema (Paris:AKE) employees has set a record in terms of amount invested and number of participants. This operation is a reflection of the employees' confidence in the development of their Group. The share of Arkema's capital held by its employees now stands at 5.5%.

Four years after the initial operation, and with a desire to keep on involving its employees and former employees closely in the growth of the Group, Arkema successfully conducted a third capital increase on April 18th 2012. This involved 6,150 subscribers from 21 countries, i.e. a 50% increase compared to the 2010 operation, and a total investment of 29.2 million euros, 80% up. Almost 20% of these subscriptions came from employees outside France.

The subscription period spanned March 12th to 25th 2012. The subscription price was set at ?54.51 per share by the Board of Directors meeting on March 7th 2012; this corresponds to the average opening price of the Arkema share quoted on the Paris stock exchange in the last 20 trading days prior to the date of this Board of Directors meeting minus a 20% discount.

Arkema's share capital has increased to 623,995,900 euros, divided into 62,399,590 shares, with employee share ownership rising from 4.7% to almost 5.5%.

A global chemical company and France's leading chemicals producer, Arkema is building the future of the chemical industry every day. Deploying a responsible, innovation-based approach, we produce state-of-the-art specialty chemicals that provide customers with practical solutions to such challenges as climate change, access to drinking water, the future of energy, fossil fuel preservation and the need for lighter materials. With operations in more than 40 countries, some 13,200 employees and 9 research centers, Arkema generates annual revenue of ?5.9 billion*, and holds leadership positions in all its markets with a portfolio of internationally recognized brands. The world is our inspiration.
*Sales and headcount for continuing activities at end 2011, excluding vinyl products activities, which are part of a divestment plan.

ARKEMA www.arkema.com

420, rue d'Etienne d'Orves -

F-92705 COLOMBES Cedex

Standard : +33 (0)1 49 00 80 80 - Fax : +33 (0)1 49 00 83 96

Société anonyme au capital de 623 995 900 euros
445 074 685 RCS Nanterre

Investor Relations:
Sophie Fouillat
Tel. : +33 1 49 00 86 37
E-mail : sophie.fouillat@arkema.com
Jérôme Raphanaud
Tel. : +33 1 49 00 72 07
E-mail : jerome.raphanaud@arkema.com
or
Press Relations:
Sybille Chaix
Tel. : +33 1 49 00 70 30
E-mail : sybille.chaix@arkema.com


© Business Wire 2012
Latest news on ARKEMA
11h ago ARKEMA : Completes Acrylic Acid Project in China
1d ago ARKEMA : CEA and Arjowiggins Creative Papers promote collaborative innovation
1d ago ARKEMA : Message from Arkema following the death of Christophe de Margerie
1d ago ARKEMA : Closing of first stage of acrylic assets acquisition in China
2d ago ARKEMA : launches major technological innovations in bottle glass coating
6d ago E I DU PONT DE NEMOURS : "Method for Filling a Multitube Catalytic Reactor" in P..
6d ago ARKEMA : launches major technological innovations in bottle glass coating
10/13 ARKEMA : presents its latest innovations in technical polymers at Fakuma 2014
10/10 ARKEMA : presents its latest innovations in technical polymers at Fakuma 2014
10/08 ARKEMA : Patent Issued for Functional MBS Impact Modifiers for Use in Engineerin..
Advertisement
Chart
Duration : Period :
ARKEMA Technical Analysis Chart | AKE | FR0010313833 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF