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Prysmian: new employee stock ownership plan

The goal is to get a nucleus of employee shareholders representing 1,5% of the shareholding structure.

Prysmian Group launches new long-term share ownership plan reserved for employees. The plan, according to a press release from the cable manufacturer, called Yes (Your Employee Shares) was presented in Milan, at the Italian Stock Exchange, by the managing director Valerio Battista, in an event that brought together three hundred managers from all the world.

Currently, over 40% of the group's approximately 20.000 employees are also shareholders. "Our goal", explained Battista, "is to arrive at the end of this edition, in the second three-year period, with a nucleus of employee shareholders representing 1,5% of the shareholding structure".

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