Once again, Arkema is making this special offer to the U.S.-based employees of Arkema Inc. and affiliates.
The Arkema stock price has been set at 54.51 euros. This price reflects a 20% discount from the average price of 68.13 euros over the 20 trading days prior to the March 7 Board of Directors meeting.
To accommodate U.S. employees, the euro-to-dollar exchange rate has been fixed at $1.312/euro and will be held constant during the stock subscription period. This exchange rate is the European Central Bank rate as of March 7, 2012. This makes the dollar price for U.S. subscribers $71.52 per share.
The subscription period will begin on Monday, March 12, 2012. If you complete your subscription on-line, you have until 5:59 DST on Sunday, March 25. If you use printed forms, all the necessary documents must be completed and delivered to your local HR office by 5 p.m. local time on Friday, March 23, 2012.
To simplify the process, you may want to refer to this stepwise approach to the subscription.
All subscription forms are available on line at www.ake2012.com.
If you have difficulty with the forms or cannot print them, please contact your local HR representative for assistance.
*Special note regarding direct deposit
All payments of dividends for your shares of Arkema stock will only be made through direct electronic deposits to your bank account. For this to occur, you must supply SWIFT or BIC numbers for your banking institution. These numbers are used in international banking and are different from the routing numbers used for payroll deposits. The SWIFT or BIC number for your bank is most reliably obtained by calling the location where you opened your account and asking for the proper codes.