Veolia Environnement announces that its Sequoia 2022 employee shareholding operation has achieved a subscription rate of 42%, the highest in the history of the public services group, with over 75,000 employees choosing to subscribe.
Following this operation, which aims to involve as many employees as possible in the group's development and performance, Veolia's employees now represent 6.5% of the capital and thus become its largest shareholder.
The amount invested, around 243 million euros including leverage, results in the issue of 14,002,651 new shares, or 2% of the share capital. At December 14, 2022, this issue brings the total number of Veolia shares in circulation to 714,574,367.
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Veolia Environnement is the world leader in environmental management services. Net sales break down by activity as follows:
- water-related services (40.6%; No. 1 worldwide): water resources management, drinking water distribution and delivery, wastewater collection, treatment and recovery, engineering, design, construction of water treatment facilities and customer relationship management, etc.;
- waste management services (32.4%; no. 1 worldwide): collection, treatment and recycling of liquid, solid, non-hazardous and hazardous waste, waste treatment and recovery through composting, energy recovery from waste, etc. Veolia Environnement also provides urban waste management services (maintenance and cleaning of public spaces, provision of mechanized street cleaning and façade treatment services), maintenance of industrial sites, and dismantling of industrial facilities and equipment at the end of their useful life;
- energy services (27%; No. 1 in Europe): delegated management of urban heating and air conditioning networks, management of thermal and multi-technique services (operation of heating systems, facility design, construction, and maintenance, etc.) and industrial services (industrial process analysis, production equipment operation, service, and maintenance), general management of buildings and public lighting.
Net sales are distributed geographically as follows: France (21.5%), Europe (41.9%), North America (7.4%), Asia (5.6%), Africa and the Middle East (4.9%), Pacific (4.3%), Latin America (4%) and other (10.4%).