05/15/2024 | Press release | Distributed by Public on 05/15/2024 09:47
Launched on April 24th 2024 across seven[1]countries, the operation represents a capital increase of 40.041 shares, or 0,11% of the Group's capital. Upon completion, employees and managers will hold approximately 0,85% of the capital of GTT.
Philippe Berterottière, Chairman and CEO of GTT, stated: "We are proud of the great success of this first international employee shareholding plan, which demonstrates the commitment and confidence of our employees in GTT's corporate project. With a remarkable participation rate, our employees fully embraced this opportunity to become shareholders and stakeholders in the Group's future development."[1]The operation has been deployed in China, France, Germany, Iceland, Singapore, the UK and the USA.