Gamesa: Stock ownership plan for group employees
Gamesa has approved a stock ownership plan for group employees worldwide, which will be offered the possibility of receiving one bonus share for every two shares that they acquire and hold for one year in the framework of the plan. Participants must remain in Gamesa's employment for the entire period.
They have from 28 April to 16 May 2011 to sign on to the plan. To qualify for the incentive, employees must invest between 300 and 1,200 euro in company shares.
This initiative seeks to reward employees' confidence in the company, incentivise share ownership, and align their interests with those of the shareholders.
The total number of bonus shares may not exceed 0.26% of the company's capital at 23 March 2011. Subject to compliance with the legal requirements, the bonus shares that Gamesa delivers to its employees may be own shares acquired by the company or any other group company or they may be newly issued.
About Gamesa (www.gamesacorp.com)
With more than 15 years of experience, Gamesa is one of the world's leading companies in the design, manufacture, installation and maintenance of wind generators, with 21,000 MW installed in 30 countries on four continents.
The company has 30 production facilities in Europe, the US, China and India, and over 7,200 employees worldwide.
Gamesa is also a world leader in the development, construction and sale of wind farms, having installed over 4,100 MW, and it has a portfolio of more than 22,600 MW of wind farms at varying stages of development in Europe, America and Asia.
Phone: +34 91 503 17 00
C/ Ramírez de Arellano, 37