AMSTERDAM--(BUSINESS WIRE)--Regulatory News:
Following the formal announcement on December 17, 2017 in respect of Thales’ intended recommended all-cash offer for all issued and outstanding ordinary shares of Gemalto N.V. (“Gemalto”) (Euronext NL0000400653 GTO), all transactions by Gemalto concerning shares are to be announced in a press release under the Dutch public offer rules. Accordingly Gemalto makes the relevant disclosures below.
Transactions related to Gemalto’s Global Equity Incentive Plan
Gemalto has today, in order to meet existing obligations under Gemalto’s Global Equity Incentive Plan (“GEIP”), delivered 134,400 newly issued shares with a nominal value of EUR 1.00 to 503 eligible employees in exchange of vested restricted share units previously granted under Gemalto’s GEIP. In accordance with the GEIP, each of the newly issued shares has been issued for no consideration.
The shares have been delivered to senior and key employees, certain members of management and certain members of the board in each case in accordance with the GEIP.
Today Gemalto received confirmation that five eligible employees have accepted a total number of 100,000 restricted share units for no consideration previously granted under the GEIP.
Gemalto will make further filings and/or announcements in relation to aforementioned transactions in accordance with applicable laws.
This press release may contain forward-looking statements. Such forward-looking statements represent trends or objectives, and cannot be construed as constituting forecasts regarding the Company’s results or any other performance indicator. Actual results may differ significantly from the forward-looking statements due to various risks and uncertainties, as described in the Company’s Registration Document, which has been filed with the French financial markets authority (Autorité des marchés financiers — AMF).
This is a press release by Gemalto, pursuant to the provisions Section 13 paragraph 1 and Section 6 paragraph 2 of the Decree on Public Takeover Bids (Besluit Openbare Biedingen Wft). This announcement does not constitute an offer, or any solicitation of any offer, to buy or subscribe for any securities in Gemalto. Any offer will be made only by means of an offer memorandum. This announcement is not for release, publication or distribution, in whole or in part, in or into, directly or indirectly, in any jurisdiction in which such release, publication or distribution would be unlawful.
About Gemalto
Gemalto (Euronext NL0000400653 GTO) is the global leader in digital security, with 2017 annual revenues of €3 billion and customers in over 180 countries. We bring trust to an increasingly connected world.
From secure software to biometrics and encryption, our technologies and services enable businesses and governments to authenticate identities and protect data so they stay safe and enable services in personal devices, connected objects, the cloud and in between.
Gemalto’s solutions are at the heart of modern life, from payment to enterprise security and the internet of things. We authenticate people, transactions and objects, encrypt data and create value for software – enabling our clients to deliver secure digital services for billions of individuals and things.
Our 15,000 employees operate out of 114 offices, 40 personalization and data centers, and 35 research and software development centers located in 47 countries.
For more information visit www.gemalto.com, or follow @gemalto on Twitter.