The 2015 capital increase reserved for Vivendi employees highly successful

PARIS, 24-7-2015 — /EuropaWire/ — The 2015 capital increase reserved for Vivendi employees has proven highly successful. Over 4,600 people participated, an increase by close to 50% on a comparable basis over the plan implemented in 2013.

A total of 3.914 million new shares were subscribed under the plan on July 16, 2015 for a total of  74.6 million euros, a 52% increase on a comparable basis over the 2013 plan. This increase is attributable to a strong growth in participation from Canal+ employees and a greater mobilization of Universal Music Group internationally.

Following this operation, employees now own 3% of Vivendi’s share capital.

The success of this capital increase demonstrates the employees’ confidence in the strategy of transforming Vivendi into an integrated industrial group focused on content creation. 

About Vivendi
Vivendi is an integrated media and content group. The company operates businesses throughout the media value chain, from talent discovery to the creation, production and distribution of content. The main subsidiaries of Vivendi comprise Canal+ Group and Universal Music Group. Canal+ is the leading pay-TV operator in France, and also serves markets in Africa, Poland and Vietnam. Canal+ operations include Studiocanal, a leading European player in production, sales and distribution of film and TV series. Universal Music Group is the world leader in recorded music, music publishing and merchandising, with more than 50 labels covering all genres. A separate division, Vivendi Village, brings together Vivendi Ticketing (ticketing in the UK, France and the U.S.), MyBestPro (experts counseling), Watchever (subscription video-on-demand) and the Paris-based concert venue L’Olympia. www.vivendi.com, www.cultureswithvivendi.com, www.themediashaker.com

###

Follow EuropaWire on Google News
EDITOR'S PICK:

Comments are closed.