Regulatory News:
Sodexo (PARIS:SW) (OTCBB:SDXAY) is pleased to announce the signature of
an agreement to purchase as a single block from Fonds Stratégique
d’Investissement ("the FSI”) its entire shareholding of 2,048,687 shares
in Sodexo (approximately 1.3% of the share capital), for an amount of
about 108.5 million euro (i.e., 52.97 euro per share representing the
closing price on May 18, 2011).
This transaction is carried out pursuant to Sodexo’s share repurchase
program, as approved by its shareholders. The purchased shares will be
used to cover stock option plans that Sodexo has put in place for its
employees. This transaction will not change the shareholding structure,
because the purchased shares will not be cancelled.
With this transaction, Sodexo has been able to manage the evolution of
its share ownership profile while at the same time keeping its solid
financial structure.
About Sodexo
Sodexo, world leader in Quality of Daily Life Solutions
Quality of Life services play an important role in the progress of
individuals and the performance of organizations. Based on this
conviction, Sodexo serves as the strategic partner for companies and
institutions that place a premium on performance and well-being, as it
has since Pierre Bellon founded the company in 1966. Sharing the same
passion for service, Sodexo’s 380,000 employees, in 80 countries design,
manage and deliver an unrivaled range of On-site Service Solutions and
Motivation Solutions. Sodexo has created a new form of service business
that contributes to the economic, social and environmental development
of the communities, regions and countries in which it operates and to
the fulfillment of its employees.
Sodexo key figures (as of August 31, 2010)
Sodexo in the world
15.3 billion euro consolidated revenue
380,000 employees
34,000 sites
50 million consumers served daily
80 countries
21st largest employer worldwide
8.3 billion euro market capitalization
(as of May 18, 2011)
www.sodexo.com
