Ipsen Launches Employee Savings Plan in 36 Countries at €130.96 per Share
On Friday, the biopharmaceutical group Ipsen announced the launch of an employee savings plan aimed at further involving its employees in the company's development. This initiative, the fifth since 2016, will be extended to 36 countries and will cover employees with at least three months of seniority.
An Extended Savings Plan Across 36 Countries
The profit-sharing plan is available to Ipsen employees across 36 countries, including France, the United States, the United Kingdom, Germany, and Japan. Participants must have at least three months of tenure with the group to be eligible. Retirees and pre-retirees who have maintained assets in the group savings plan since their departure are also eligible, although they will not receive employer matching contributions.
Participation Terms and Subscription Price
The sale will involve existing shares, limited to 1% of the share capital. The subscription price has been set at €130.96 per share, calculated as the average of the opening prices over the twenty trading days preceding the price setting date, reduced by a 20% discount. The subscription period runs from June 3 to June 17, 2026, with settlement-delivery scheduled for July 28, 2026. Subscribed shares will be locked for a period of five years, in accordance with the rules applicable to employee savings plans, except in cases of authorized early release events.
Plan Structure and Employer Contribution
The plan is part of Ipsen's group savings plan (PEG) and Ipsen's international group savings plan. Employees will benefit from an employer matching contribution. Shares can be subscribed in registered form or through a corporate mutual fund (FCPE). This scheme applies to employees with social coverage in the countries where it is implemented and where legal provisions allow.