Another long-term incentive plan was set up for the exclusive benefit of Epsilon’s managers and employees to facilitate their integration into the Publicis Groupe. The shares granted under this plan are subject to a presence condition for 20% and performance conditions for 80% over a total vesting period of three years. The shares are acquired and delivered gradually each year at a rate of 30% at the end of the first year and the second year of the plan and 40% at the end of the third year.
At December 31, 2020, the total number of free shares yet to vest to Groupe employees on condition of employment and, in some cases, performance, amounted to 4,171,762.
All the details concerning the free share plans (description, changes for the financial year, and closing balance) are shown in Note 31 to the consolidated financial statements in Section 6.6 of this document.
Changes regarding the share capital in the last three years are shown below:
Dates | Share capital transactions | Number of shares | Par value (in euros) | Share capital (in euros) |
|---|---|---|---|---|
12/31/2017 | Share capital at December 31, 2017 | 230,627,725 | 0.40 | 92,251,090 |
02/28/2018 05/31/2018 | Capital increase (equity warrant exercise) | 87,984 | 0.40 | 35,193 |
03/20/2018 04/17/2018 | Capital increase Deliveries (free share plans) | 210,612 | 0.40 | 84,245 |
06/28/2018 | Capital increase (payment of the dividend in shares) | 4,323,480 | 0.40 | 1,792,392 |
12/31/2018 | Share capital at December 31, 2018 | 235,249,801 | 0.40 | 94,099,920 |
02/28/2019 04/30/2019 05/31/2019 06/30/2019 07/31/2019 09/30/2019 10/31/2019 | Capital increase (equity warrant exercise) | 183,068 | 0.40 | 73,227 |
04/17/2019 06/24/2019 | Capital increase (Delivery of free shares) | 522,277 | 0.40 | 208,911 |
7/18/2019 | Capital increase (payment of the dividend in shares) | 4,481,915 | 0.40 | 1,792,766 |
12/31/2019 | Share capital at December 31, 2019 | 240,437,061 | 0.40 | 96,174,824 |
02/29/2020 05/31/2020 11/30/2020 12/31/2020 | Capital increase (equity warrant exercise) | 22,156 | 0.40 | 8,862 |
05/31/2020 | Capital increase Deliveries (free share plans) | 274,325 | 0.40 | 109,730 |
09/28/2020 | Capital increase (payment of the dividend in shares) | 7,035,496 | 0.40 | 2,814,198 |
12/31/2020 | Share capital at December 31, 2020 | 247,769,038 | 0.40 | 99,107,615 |
