Published: November 20, 2009
Vivendi Rewarded for Its Initiatives to Promote Employee Share Ownership
Regulatory News:
PARIS - (BUSINESS WIRE) - Vivendi received the second "CAC 40" award, the "Employee share
ownership schemes" award, and the "Communications with employee
shareholders" award, at the Actionaria fair1. These three
awards, presented under the aegis of the Ministry for the Economy,
Industry and Employment, reward the best practices in employee share
ownership.
Every year since 1996, Vivendi has carried out a capital increase
reserved for employees that includes a discount to the share price and a
matching payment by the company. Since 2008, the company has introduced
an employee share ownership program with a leveraged share issue and
guaranteed capital. In 2009, because of the stock market crisis and the
possibility of employees being less willing to subscribe, the plan also
included, in addition to the capital guarantee, a guaranteed minimum
return. In this way, Vivendi offered its employees the opportunity of
risk-free share ownership and a genuine sharing of value.
Stephane Roussel, Senior Executive Vice President, Human Resources,
commented: "Vivendi is particularly proud of receiving these three
awards that reflect its commitment to share the group's results with its
employees. Our group wants to increase employee share ownership and, to
this end, plans to innovate in this area."
About Vivendi
A French company that is a world leader in communications, Vivendi
combines Activision Blizzard (the world number one in video games),
Universal Music Group (the world number one in music) SFR (the number
two French mobile and fixed-line telephone operator) the Maroc Telecom
Group (the number one Moroccan mobile and fixed-line telephone operator)
and the Canal+ Group (the number one French pay-TV company). It also
owns a 20% stake in NBCU (the leading American TV and film company).
In 2008, the company had revenues of €25.4 billion and adjusted net
income of €2.7 billion. Present in 77 countries, Vivendi has about
43,000 employees. www.vivendi.com
1 These awards are sponsored by the French Federation of
Employee Shareholder and Former Employee Associations (FAS), Altedia, La
Tribune and Actionaria.
Vivendi
Media
Paris
Antoine Lefort,
+33 (0) 1 71 71 11 80
Agnès Vétillart, +33 (0) 1 71 71 30 82
Solange
Maulini, +33 (0) 1 71 71 11 73
or
New York
Flavie
Lemarchand-Wood, +(1) 212.572.1118
or
Investor Relations
Paris
Jean-Michel
Bonamy, +33 (0) 1 71 71 12 04
Aurélia Cheval, +33 (0) 1 71 71 12 33
Agnès
De Leersnyder, +33 (0) 1 71 71 30 45
or
New York
Eileen
McLaughlin, +(1) 212.572.8961
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