Very Large Success of GTT's First International Employee Shareholding Plan

Source: www.gulfoilandgas.com 5/15/2024, Location: Europe

The GTT Group announces the strong success of its first international employee shareholding plan, recording a participation rate of 87%.

Launched on April 24th 2024 across seven[1] countries, the operation represents a capital increase of 40.041 shares, or 0,11% of the Group's capital. Upon completion, employees and managers will hold approximately 0,85% of the capital of GTT.

Philippe Berterottière, Chairman and CEO of GTT, stated: "We are proud of the great success of this first international employee shareholding plan, which demonstrates the commitment and confidence of our employees in GTT's corporate project. With a remarkable participation rate, our employees fully embraced this opportunity to become shareholders and stakeholders in the Group's future development."


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