SODEXO EXPECTS TO COMPLETE PLUXEE SPIN-OFF IN FEBRUARY

30 January 2024

On January 10th, 2024 Sodexo (EURONEXT: SW) announced that it expexts to complete spin-off of its Employee Benefits and Engagement business Pluxee in February 2024.

The new company, named Pluxee is expected to list on Euronext Paris on February 1st, 2024, subject to Sodexo shareholder approval on January 30th, 2024 and market conditions.

Pluxee is expected to become an independent public company through the distribution of 100% of its shares to Sodexo shareholders on a one-for-one basis (one Pluxee share for eash Sodexo share held).

Pluxee presented strategic growth plan at Capital Markets Day ahead of expected listing.

Pluxee shares are expected to start trading on Euronext Paris on February 1st, 2024, subject to approval of the distribution at Sodexo’s Shareholders Meeting on January 30th, 2024, and market conditions.

Pluxee presents strategic growth plan at Capital Markets Day ahead of expected listing on February 1, 2024


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