The vesting of free shares under the above plans is subject to a presence condition throughout the vesting period.
Vesting is also subject to non-market performance conditions for all plans, as well as a market condition only for the LTIP 2022 Président du Directoire, LTIP 2023 Président du Directoire and LTIP 2024 Président du Directoire plans.
/ Movements in Publicis Groupe free share plans over the last two financial years
| |
2024 |
2023 |
| Shares yet to vest as of January 1 |
Shares yet to vest as of January 1 2024 5,151,357 |
Shares yet to vest as of January 1 2023 4,339,621 |
| Shares granted under plans implemented during the year |
Shares granted under plans implemented during the year 2024 1,513,707 |
Shares granted under plans implemented during the year 2023 2,149,023 |
| Deliveries, vesting of shares during the year |
Deliveries, vesting of shares during the year 2024 (1,673,636) |
Deliveries, vesting of shares during the year 2023 (987,963) |
| Shares granted and that have become lapsed |
Shares granted and that have become lapsed 2024 (790,244) |
Shares granted and that have become lapsed 2023 (349,324) |
| Shares yet to vest as of December 31 |
Shares yet to vest as of December 31 2024 4,201,184 |
Shares yet to vest as of December 31 2023 5,151,357 |
20.1.2 Contractual guarantees given
- Joint and several guarantee of the debts of Publicis Groupe Holdings B.V and its subsidiary MMS Communications Netherlands B.V.
- Counter-guarantee granted to CIC for the first demand guarantee issued by the latter on behalf of Metrobus to RATP, up to the amount of Publicis Groupe SA’s share in Metrobus (67%) for euro 53.2 million.
- Counter-guarantee granted to CIC for the first demand guarantee issued by the latter on behalf of Mediagare to SNCF Gares et Connexions, up to the amount of Publicis Groupe SA’s share in Metrobus (67%) for euro 24.5 million.
- Joint and several guarantee of the commitments made by Mediagare to SNCF Gares & Connexions on any amount due in respect of the “Basic Fee” for euro 44 million.
- Guarantees given to multiple banks on behalf of MMS USA Investments Inc. to finance the acquisition of Epsilon for euro 2,250 million and USD 1,025 million for maturities between 2025 and 2031.
- Guarantee given to OPG Bastille on behalf of Resources France and MMS France Holdings for euro 104 million for the “Parisquare” building in the Bastille district.
- Guarantee given for the commitments of Publicis Ré under the reinsurance contract for the benefit of AIG Europe SA.
- Guarantee granted to Publicis Ré to cover reinsurance commitments during the first three financial years of the entity for a maximum amount of euro 49.5 million over the period concerned.
20.2 Off-balance sheet commitments received
Publicis Groupe SA has unused confirmed credit line of euro 2,000 million as of December 31, 2024. This credit line is a multi-currency syndicated loan established in July 2024, maturing in 2029 (with two extension options of one year each), which cancels and replaces the previous €1,579 million line maturing in 2026.
