Vivendi employees acquire extra shares

Vivendi’s Management Board is to allocate 50 bonus shares to the employees of all its French subsidiaries.

Employees of SFR and its subsidiaries, Canal Plus Group and its subsidiaries, VME-Zaoza, Digitick, Wengo, and Universal Music France and its subsidiaries will receive the bonus. This measure concerns 16,000 employees and was agreed between management and unions.

Separately, some 10,000 Vivendi employees have participated in a reserved capital increase, with 12.3 millin new shares being issued to employees for a total of €126.9 million, taking the share of Vivendi owned by employees to 3.4%.

Tags: France, Vivendi

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