Success of Apave's second employee share ownership plan 72% of employees took up the offer

Press release01/11/2024

Apave, an international group with over 150 years of experience in risk management, today announces the success of its second employee shareholding offer.


Building on the success of its first employee shareholding operation in 2021 and with a view to continuing to involve employees in the Group's long-term development and performance, Apave once again wanted to offer its employees the opportunity to become Group shareholders.

The proposed scheme takes the form of a Fonds Commun de Placement Entreprise (FCPE) and offers special subscription conditions to employees (unilateral matching contribution for all, additional matching contribution and standard discount).


The subscription period, open from 2 to 16 November 2023, was once again very well received, with 6,164 out of 8,560 employees taking part, representing 72% of eligible employees in France. This participation rate was 2 points higher than for the first offer, which was launched at the end of 2021. It was already well above the French average and was awarded the "Jury's Favourite" prize in the FAS (Fédération Française des Associations d'Actionnaires Salariés et Anciens Salariés) Grand Prix 2022.


Through the FCPE, employee shareholders now hold 2.6% of Apave's capital.


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I am delighted and proud of the success of this second employee shareholding offer, a project that is rich in meaning for our company and our employees. The excellent level of participation demonstrates the confidence of our teams in the company's strategy and their desire to contribute collectively to our success. We are moving forward on the path set out in our strategic plan, with the ambition of working towards a safer, more sustainable world that will bring shared progress for both our customers and our employees. It is this mission of trust that brings us together.

Philippe Maillard portrait
CEO of the Apave Group

About the Apave Group

Apave is an international group with over 150 years of experience in technical, human, environmental and digital risk management. An independent company with a turnover of over €1 billion in 2022, Apave currently has 13,000 employees, 130 branches in France, 170 training sites in France and abroad and 18 testing centres. Apave has an international presence in more than 50 countries. Nearly 500,000 customers already place their trust in Apave in France and abroad. For more information, visit www.apave.com

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