What is the leveraged formula?
100% guaranteed
By subscribing to ESOP 2023:
Your personal contribution is protected in euro1. | You get back at least your personal contribution in euro2 (i.e. the amount that you invest) whatever the performance of the Capgemini SE share price | A participation in the protected average increase if the Capgemini SE share increases during the life of the plan |
1 except in some exceptional cases of termination of the swap agreement through which the leverage is provided
2 at the end of the plan, the amount you will get back will be converted into your currency by applying the exchange rate between the euro and your currency at that date
On the other hand:
1. The participation in the protected average increase is partial and decreases as the protected average increase in the price of the Capgemini share grows,
2. You waive the benefit of the 12.5% discount; the development of the Capgemini SE share taken into account in the calculation of your earnings being assessed in relation to the reference price and not in relation to the subscription price.
3. You waive the collection of any dividends.
4. Your assets are blocked for five years (except in the event of an early exit).
The protected average increase and the multiple booster
The protected average increase is the difference between the average of the share price readings and the reference price, which will be set on November 10, 2023. |
Your gain is calculated based on the protected average increase in the Capgemini share price over the duration of the plan
Each month (on the last trading business day) the Capgemini SE share price will be recorded. The 60 readings will permit to calculate the average Capgemini SE share price over the 5 years. The average is called protected as none of the readings could be below the reference price. All the readings which will be less than or equal to the reference price will be automatically replaced by the reference price
The average of the Capgemini SE share price over the 5 years is compared to the reference price. This difference, when positive, gives the protected average increase.
Protected Average increase = Protected average – Reference price
What is the multiple and why does it have an amplifying effect?
The multiple is a multiplier coefficient applied to the average increase. It allows you to multiply your gain and therefore optimize your performance. The multiple decreases as the protected average increase in the price of the Capgemini share grows.
How does it work?
Examples : In these examples, an indicative reference price of €150 is used, i.e. a subscription price by employees of €131,25 (87.5% x €150) with a 12.5% discount. Note that the performance is calculated by relinquishing the discount.
If the protected average increase in the Capgemini share price over the 2023-2028 period has been... |
0 % | 10 % |
20 % |
---|---|---|---|
Which means an average of readings of… | €150 | €165 |
€180 |
...by investing €262.50 in 2023, in 2028 you will receive3... |
€262.50 |
€550.22 |
€790.00 |
You will therefore multiply your personal contribution by... | 1 |
2.10 |
3.01 |
Which is equivalent to an average annual return of... | 0% |
15.9% |
24.6% |
3 Before taxes, fees and social security contributions, if applicable. Please refer to the Local Supplement.
What are the risks?
Your investment carries no risk of capital loss in euros because your personal contribution is guaranteed4. Depending on the evolution of the exchange rate between euros and your subscription currency, you might benefit from a gain or loss on your investment.
What is the investment period?
Your assets are locked up for 5 years except in case of early release. Following the holding period, you cannot maintain your assets in the ESOP 2023.
You will be consulted few weeks before the end of the plan to make your choice:
- To receive the amount of your assets
- To transfer your assets to the FCPE “Capgemini Classic” invested in Capgemini SE shares offered as part of the International Group Savings Plan (IGSP)
Without any answer, your investment will be automatically transferred to this FCPE.
The fund invested in Capgemini SE shares, whose share value will increase or decrease depending on the Capgemini SE share price, will no longer benefit from the protection of ESOP 2023 after the five-year holding period and will therefore be exposed to a risk of capital loss.
4 except in some exceptional cases of termination of the swap agreement through which the leverage is provided
Early release cases
Your investment will be held for five years. However, in some circumstances, early release may be allowed, for instance in case of:
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