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 nine 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 who:
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, three years, five years or six years.
A total number of 11,769,259 shares were subscribed for in the employee offering. Shares were delivered on 21st September 2000.
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 (former name of the Autorité des marchés financiers (the "AMF")) on 8th October 2001 under number 01-1200 and note d'opération définitive approved by the COB on 13th October 2001 under number 01-1209) was open only to employees who:
The employee offering was divided into two tranches:
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 5th December 2001.
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 30th September 2002 under number 02-1062 and note d'opération définitive approved by the COB on 11th October 2002 under number 02-1081) was open only to employees who:
The employee offering was divided into two tranches:
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 4th December 2002.
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 25th September 2003 under number 03-836) was given only to employees who:
The employee offering was divided into two tranches:
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 5th December 2003.
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 employee offering (note d'opération approved by the AMF on 10th September 2004 under number 04-755) was given only to employees who:
The employee offering was divided into two tranches:
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.
