Capital Increase Reserved for Employees

Charenton-le-Pont, France – At the Extraordinary General Meeting of May 11, 2017, shareholders of Essilor International authorized the Board of Directors, within a 26-month period, to issue shares reserved for employees participating in an Essilor employee stock ownership plan, with new shares representing up to 1.5% of the total capital stock (Resolution 18). The maximum number of common shares previously authorized for issuance was 3,107,595.

At its meeting of December 6, 2017, the Board of Directors decided to issue up to 350,000 common shares reserved for participants in the Essilor / Essilor International / BBGR / Novacel Ophtalmique / BNL Eurolens / Delamare Sovra SAS / Mont Royal / EOMC / DAC Vision / Transitions Optical Distribution Ltd employee stock ownership plans. The new shares will carry dividend rights from January 1, 2017. They will be offered at a price of €85.71 per share, this being the average of the opening prices over the 20 trading days preceding the Board’s December 6, 2017 meeting, to which a 20% discount has been applied.

The purpose of this offer is to further involve the Company’s employees in its development by allowing them to become shareholders.

Click HERE for the full press release.

 

Featured Posts

Industry Professionals and Trainers Joined Transitions Optical for “The Studio” Educational Event, 2nd Edition

Transitions Optical gathered over 80 industry professionals for a one-of-a-kind learning train the trainer event—Transitions® The Studio—on November 8, 2022.

Learn More

Bausch + Lomb Launches Biotrue® Advanced Multi-Purpose Solution in Canada

New Formula Provides More Moisture on Contact Lenses

Read more

SILMO Istanbul 2022: A Record Attendance

SILMO ISTANBUL welcomed both local manufacturers and a number of international companies of the optical and eyewear industry.

Read more

Silhouette’s Visionary Rimless Momentum Aurum Sets a New Trend in the Luxury Market

Inspired by fine watches and jewelry, Silhouette has designed a very special pair of premium eyewear.

Read more

UdeM School of Optometry Shares Study Findings on Accuracy of Purchasing Prescription Glasses Online

Findings from a recently completed empirical study conducted by the Université de Montréal (UdeM) unveils that New Look’s Topology delivers better quality eyewear than the technologies of two major online eyewear retailers, and, when they received the new glasses, the participants judged them to be comparable to what is found in store.

Read more

Industry Professionals and Trainers Joined Transitions Optical for “The Studio” Educational Event, 2nd Edition

Transitions Optical gathered over 80 industry professionals for a one-of-a-kind learning train the trainer event—Transitions® The Studio—on November 8, 2022.

Learn More

Bausch + Lomb Launches Biotrue® Advanced Multi-Purpose Solution in Canada

New Formula Provides More Moisture on Contact Lenses

Read More

SILMO Istanbul 2022: A Record Attendance

SILMO ISTANBUL welcomed both local manufacturers and a number of international companies of the optical and eyewear industry.

Read More

Silhouette’s Visionary Rimless Momentum Aurum Sets a New Trend in the Luxury Market

Inspired by fine watches and jewelry, Silhouette has designed a very special pair of premium eyewear.

Read More

UdeM School of Optometry Shares Study Findings on Accuracy of Purchasing Prescription Glasses Online

Findings from a recently completed empirical study conducted by the Université de Montréal (UdeM) unveils that New Look’s Topology delivers better quality eyewear than the technologies of two major online eyewear retailers, and, when they received the new glasses, the participants judged them to be comparable to what is found in store.

Read More

Industry Professionals and Trainers Joined Transitions Optical for “The Studio” Educational Event, 2nd Edition

Transitions Optical gathered over 80 industry professionals for a one-of-a-kind learning train the trainer event—Transitions® The Studio—on November 8, 2022.

Learn More

Bausch + Lomb Launches Biotrue® Advanced Multi-Purpose Solution in Canada

New Formula Provides More Moisture on Contact Lenses

Read more

SILMO Istanbul 2022: A Record Attendance

SILMO ISTANBUL welcomed both local manufacturers and a number of international companies of the optical and eyewear industry.

Read more

Silhouette’s Visionary Rimless Momentum Aurum Sets a New Trend in the Luxury Market

Inspired by fine watches and jewelry, Silhouette has designed a very special pair of premium eyewear.

Read more

UdeM School of Optometry Shares Study Findings on Accuracy of Purchasing Prescription Glasses Online

Findings from a recently completed empirical study conducted by the Université de Montréal (UdeM) unveils that New Look’s Topology delivers better quality eyewear than the technologies of two major online eyewear retailers, and, when they received the new glasses, the participants judged them to be comparable to what is found in store.

Read more

Industry Professionals and Trainers Joined Transitions Optical for “The Studio” Educational Event, 2nd Edition

Transitions Optical gathered over 80 industry professionals for a one-of-a-kind learning train the trainer event—Transitions® The Studio—on November 8, 2022.

Learn More

Bausch + Lomb Launches Biotrue® Advanced Multi-Purpose Solution in Canada

New Formula Provides More Moisture on Contact Lenses

Read more

SILMO Istanbul 2022: A Record Attendance

SILMO ISTANBUL welcomed both local manufacturers and a number of international companies of the optical and eyewear industry.

Read more

Silhouette’s Visionary Rimless Momentum Aurum Sets a New Trend in the Luxury Market

Inspired by fine watches and jewelry, Silhouette has designed a very special pair of premium eyewear.

Read more

UdeM School of Optometry Shares Study Findings on Accuracy of Purchasing Prescription Glasses Online

Findings from a recently completed empirical study conducted by the Université de Montréal (UdeM) unveils that New Look’s Topology delivers better quality eyewear than the technologies of two major online eyewear retailers, and, when they received the new glasses, the participants judged them to be comparable to what is found in store.

Read more