Prysmian wants blue collar workers to become shareholders

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INNOVATIVE SHARE-INCENTIVE PLAN LAUNCHED FOR MORE THAN 25,000 GROUP EMPLOYEES / V. BATTISTA: "IN ORDER TO ALIGN THE INTERESTS OF ALL STAKEHOLDERS, IT IS ESSENTIAL TO ALSO OFFER WORKERS SHARE INCENTIVES USUALLY RESERVED FOR MANAGEMENT".

Prysmian Group, world leader in the sector of cable systems for energy and telecommunications, launches an innovative share-based variable remuneration and profit-sharing plan in company shares, aimed potentially at more than 25,000 employees between blue and white collar workers of the Group, in over 35 countries. Approved by a very large majority at the Shareholders' Meeting, the Plan will run over the years 2022, 2023 and 2024 and provides for the allocation of a maximum of 3,000,000 shares. The main objective of the plan is, in... ... More: Official Press Release Prysmian

Keywords:

Prysmian, worker, shareholder, cables, share based, remunaeration, profit shring, employees, blue collar, energy transition