Last update: 30 May 2007 Send to a friend PrintPrint
 

Employee Stock Ownership Plan (ESOP)

ESOP 2007

In March 2007, EADS offered to qualifying employees a maximum of 0.25% of its total issued share capital before the offering. This employee offering was for up to 2,040,000 shares of a nominal value of €1 each.

The employee offering was given only to employees who:

  • had at least three months’ seniority;
  • were employed by (i) EADS or (ii) one of its subsidiaries or (iii) companies in which EADS holds at least 10% of the share capital and over whose management it has a determining influence and whose registered offices are located in Germany, Australia, Belgium, Canada, Spain, the United States, Finland, France, the United Kingdom, Ireland, Mexico, the Netherlands, Poland and Singapore.

The employee offering was divided into two tranches:

  • shares subscribed for by qualifying employees in Group employee savings plan were offered for a price of €19.62 per share;
  • shares subscribed for by qualifying employees directly were offered for a price of €17.16 per share.

The employees are generally restricted from selling the shares offered in this employee offering for one year and sometimes more in certain countries.

A total number of 2,037,835 shares were subscribed for in the employee offering. Shares were delivered on 9th May 2007.

ESOP 2006

In 2006 no employee offering took place. The employee offering originally scheduled for June 2006 was postponed to March 2007.

6th Offer in June 2005

In June 2005, EADS offered to qualifying employees a maximum of 0.25% of its total issued share capital before the offering. This employee offering was for up to 2,025,000 shares of a nominal value of €1 each.

The employee offering (note d’opération approved by the AMF on 4th May 2005 under number 05-353) was given only to employees who:

  • had at least three months’ seniority;
  • were employed by (i) EADS or (ii) one of its subsidiaries or (iii) companies in which EADS holds at least 10% of the share capital and over whose management it has a determining influence and whose registered offices are located in Germany, Australia, Belgium, Canada, Spain, the United States, Finland, France, the United Kingdom, Ireland, Mexico, the Netherlands, Poland and Singapore.

The employee offering was divided into two tranches:

  • shares subscribed for by qualifying employees in Group employee savings plan were offered for a price of €18.86 per share;
  • shares subscribed for by qualifying employees directly were offered for a price of €18.86 per share.

The employees are generally restricted from selling the shares offered in this employee offering for one year and sometimes more in certain countries.

A total number of 1,938,309 shares were subscribed for in the employee offering. Shares were delivered on 29th July 2005.

5th Offer in Oct. 2004

In October 2004, EADS offered to qualifying employees a maximum of 0.25% of its total issued share capital before the offering. This employee offering was for up to 2,018,000 shares of a nominal value of €1 each. The offering memoredum ("note d'opération") was approved on September 10th, 2004 by the Autorité des marchés financiers under number 04-755.

The employee offering was divided into two tranches:

  • shares subscribed for by qualifying employees in Group employee savings plan were offered for a price of €18 per share;
  • shares subscribed for by qualifying employees directly were offered for a price of €18 per share.

The employees are generally restricted from selling the shares offered in this employee offering for one year and sometimes more in certain countries. A total number of 2,017,822 shares were subscribed for in the employee offering. Shares were delivered on 3rd December 2004.

4th Offer in Oct. 2003

In October 2003, EADS offered to qualifying employees a maximum of 0.25% of its total issued share capital before the offering. This employee offering was for up to 2,027,996 shares of a nominal value of € 1 each.

The employee offering (note d’opération approved by the COB on September 25, 2003 under number 03-836) was given to employees in almost all EADS countries.

The employee offering was divided into two tranches:

  • shares subscribed for by qualifying employees in Group employee savings plan were offered for a price of € 12.48 per share;
  • shares subscribed for by qualifying employees directly were offered for a price of € 12.48 per share.

The employees are generally restricted from selling the shares offered in this employee offering for one year and sometimes more in certain countries.

A total number of 1,686,682 shares were subscribed for in the employee offering. Shares were delivered on December 5, 2003.

3rd Offer in Oct. 2002

In October 2002, EADS offered to qualifying employees a maximum of 0.25% of its total issued share capital before the offering. This employee offering was for up to 2,022,939 shares of a nominal value of € 1 each.

The employee offering (note d’opération préliminaire approved by the COB on September 30, 2002 under number 02-1062 and note d’opération définitive approved by the COB on October 11, 2002 under number 02-1081) was open to employees in almost all EADS countries.

The employee offering was divided into two tranches:

  • shares subscribed for by qualifying employees in Group employee savings plan were offered for a price of € 8.86 per share;
  • shares subscribed for by qualifying employees directly were offered for a price of € 7.93 per share.

The employees are generally restricted from selling the shares offered in this employee offering for one year and sometimes more in certain countries.

A total number of 2,022,939 shares were subscribed for in the employee offering. Shares were delivered on December 4, 2002.

2nd Offer in Oct. 2001

In October 2001, EADS offered to qualifying employees a maximum of 0.25% of its total issued share capital before the offering. This employee offering was for up to 2,017,894 shares of a nominal value of € 1 each.

The employee offering (note d’opération préliminaire approved by the COB on October 8, 2001 under number 01-1200 and note d’opération définitive approved by the COB on October 13, 2001 under number 01-1209) was open to employees in almost all EADS countries.

The employee offering was divided into two tranches:

  • shares subscribed for by qualifying employees in Group employee savings plan were offered for a price of € 10.70 per share;
  • shares subscribed for by qualifying employees directly were offered for a price of € 10.70 per share.

The employees are generally restricted from selling the shares offered in this employee offering for one year and sometimes more in certain countries.

A total number of 2,017,894 shares were subscribed for in the employee offering. Shares were delivered on December 5, 2001.

1st Offer in July 2000

As part of its initial public offering, EADS offered to qualifying employees approximately 1.5% of its total share capital after the global offering. This employee offering of up to 12,222,385 shares included an option allowing qualifying employees to leverage their investment in the shares they purchased. Under this option, the investment consisted of the amount paid plus an amount resulting from a swap agreement of the investment management company for this option, that equalled 9 times such amount paid. Qualifying employees were offered shares at a price of € 15.30, being the price for the retail offering, less a discount of 15%.

The employee offering was open only to employees in France, Spain and Germany.

Depending on whether the employee purchased shares through a French, German or Spanish plan, directly or via a mutual fund, the employee is restricted from selling the shares for one of the following lock-up periods: 18 months, 3 years, 5 years or 6 years.

A total number of 11,769,259 shares were subscribed for in the employee offering. Shares were delivered on September 21, 2000.

Status: Dec. 2007