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2008 Employee Share Plan. UK SHARE OFFER 25 TH FEBRUARY 2008. THALES EMPLOYEE SHAREHOLDING. potential. 2008 Employee Share Plan. 2008 OFFER. CONTENTS. Thales strategy. 2008 Offer. In depth…. In time…. France – 34,749. Germany – 4,626. UK – 9,085. Australia – 3,470.
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2008 Employee Share Plan UK SHARE OFFER25TH FEBRUARY 2008
THALES EMPLOYEE SHAREHOLDING potential
2008 Employee Share Plan 2008 OFFER
CONTENTS Thales strategy 2008 Offer In depth… In time…
France – 34,749 Germany – 4,626 UK – 9,085 Australia – 3,470 Singapore - 217 Canada – 1,115 Portugal - 156 South Africa 334 Austria - 174 USA – 2,937 Switzerland - 272 17 countries – 65 000 persons 95% of Thales staff Norway - 207 Argentina - 234 Italy – 2,679 Netherlands – 1,967 Spain – 2,071 Belgium – 1,008 Headcounts April 2007 WORLDWIDE OFFER (> 150 employees)
THE BENEFICIARIES • Employees • who have an employment contract with one of the Thales group companies, or JVs held at 50% or higher • with at least 3 months service on the last day of the cancellation period (28 April 2008) • Expatriates : specific rules • Employees who leave on or before 1st May, even though they applied to join, can be excluded from the offer (provided HBOS is informed on or before 30 April).
THE 2008 EMPLOYEE SHARE PLAN • 3,500,000 shares available for the offer • through 2 formulas which can be combined « Classic Share » « Share Plus » Maximum of 2 million shares available Allocated in priority
all capital gain - Re-invested Dividends Initial Investment Re-invested Dividends all capital loss + + Personal Contribution 1 share with 20% discount Personal Contribution 1 share with 20% discount >> Subscription >> During 5 years >> At selling + “CLASSIC SHARE” FORMULA >> Example Classic
+ 69% of the average protected gain on 3 shares Additional gain 3 Shares financed by the bank Capital gain 100% of the gain on 1 share + + + Initial investment on 1 share protected Locked in FCPE Personal Contribution 1 share with 15% discount >> Subscription >> During 5 years >> At maturity in 2013 “SHARE PLUS”FORMULA >> Example Share Plus