What are the advantages?
What is the myAL my2021 offer?
The myAL myShare 2021 transaction is an opportunity to participate in the Group’s growth by becoming a shareholder or expanding your stock portfolio on preferential terms.
Why subscribe to the my AL myShare 2021 offer
| 15% discount Over a 20 trading-day period preceding the date the subscription price is set, Air Liquide’s opening share price is recorded daily. At the end of this period, the average of these 20 share prices is calculated: this is the reference price. The Group then applies a 15% discount to this reference price to obtain your subscription price. |
Payment options You may pay for your subscription in full upfront or spread your payment over 12 months through an interest-free payroll deduction(1), depending on local conditions. New for 2021! We’re going paperless - all subscription forms will be done online AND upfront payments will be done electronically via direct debit. Checks will not be accepted. |
The advantages of being a direct registered shareholder
|
1 share = 1 voting right You are part of your Group’s decision making process by voting at the General Meeting. |
Annual dividends PLUS 10% more dividends after two years You will be eligible to receive the dividend voted on by shareholders during the General Meeting each year, plus a +10% loyalty bonus once you have owned your shares for two years. |
|
Regular free share allocations to Air Liquide shareholders These allocations also benefit from the +10% loyalty bonus: the number of shares allocated will be increased by +10% for all shares you have owned for two years or more. |
No fees Your direct registered share account will be directly managed by Air Liquide’s Shareholder Services’ experts, without any financial intermediary. |
Subscription Conditions
Who can subscribe?
Eligible employees must have been employed by an Air Liquide Group company that is a member of the French Share Purchase Plan (FSPP) or the International Group Share Purchase Plan (IGSPP) for at least three months during the period between January 1, 2020 and November 18, 2021. The three months do not need to be consecutive as long as they are in that time period.
How to pay for your subscription?
- Payment in full upfront via Direct Debit.
- Through a payroll deduction over a 12-month period.
New for 2021! We're going paperless - all subscription forms will be done online AND payments will be done electronically via direct debit. Checks will not be accepted.
Details of the payment methods can be found in your local supplement which can be obtained in the “Download documentation” section of this site.
How much must I invest?
You are free to invest as much or as little as you wish, within the following parameters:
Minimum: 1 share
Maximum :
- the lowest amount between 25% of your annual gross base pay in 2021 and USD 25,000 (shares valued at the reference price) if you pay upfront.
- USD 9,500 if you pay by payroll deduction(2).
How can I subscribe?
1 Click on “Subscribe to myAL myShare 2021”.
This will take you to the subscription website.
2 If you have received your access codes by email:
- Click on “I would like to retrieve my password”.
- Enter your access code and the email address at which you received this code (note that this access code is specific to this offer only!).
- A temporary password will be sent to you by email and you must choose a new personalized password the next time you connect.
3 If you have received your access codes by mail:
- Log in with the access code and password sent to you by mail (note that these login details are specific to this offer only!).
- Create a new personalized password when prompted by the website.
4 Complete the subscription screen:
- Check your personal information and correct it where necessary.
- State the number of shares you wish to purchase and your preferred method of payment
- For upfront payments, be sure to have your bank information, including account and routing number, available as you will need this in order to complete your subscription.
5 Validate your subscription:
- You will receive confirmation by email,
- Your subscription cannot be canceled once the subscription period has ended.
Please note before investing
YOUR INVESTMENT TRACKS THE AIR LIQUIDE SHARE PRICE PERFORMANCE
There is therefore a risk of loss of capital. However, the discount reduces the share purchase price compared with the market price and therefore has a cushioning effect in the event of a decrease in the share price.Note: if you are resident in a country located outside the euro zone, there is an exchange rate risk. As Air Liquide is listed in euros on the Paris stock market, the value of your investment will vary according to exchange rate fluctuations between the euro and your currency over your investment period. Thus, if the euro appreciates against your currency, the value of the shares in your currency will increase. Conversely, if the euro depreciates against your currency, the value of the shares in your currency will decrease.
YOUR INVESTMENT IS LOCKED IN FOR FIVE YEARS
Shares purchased via the myAL myShare 2021 offering may not be sold for a period of five years (ending on December 9, 2026). This is a long-term investment. Early release clauses exist and details of these can be found in your country’s local supplement which can be obtained in the “Download documentation” section of this site.
What happens to your shares at the end of the five year lock-in period?
After the five-year lock-in period, you may keep your shares in the account opened in your name at Air Liquide, or sell all or some of them whenever you wish, without paying any transaction fees.
Key dates
myAL my2021 offer tentative calendar
October 30, 2021:
Subscription price setting
From November 8 to 18, 2021:
Subscription period
December 9, 2021:
Capital increase and creation of your shares
Focus on the first
few years of
your investment
2021 : Your shares are registered in direct shareholder form
2022 : You will receive the first dividend (3) attached to the shares to which you have subscribed
2024 : Your shares become entitled to the 10% loyalty bonus (as of January 1)
2026 : Your shares are unlocked (in December)
(1) This method of payment depends on the conditions in your country. Details of the methods of payment available to you can be found in your country’s local supplement which can be obtained in the “Download documentation” section of this website.(2) If you already have a company loan, this ceiling may be lower. Contact your HR representative to know the exact amount.
(3) Subject to approval by the General Meeting of shareholders.
Understand the offer
