AXA (EPA:CS) - Results of the AXA Group employee share offering in 2018

Transparency directive : regulatory news

03/12/2018 08:45

Press release
Paris, December 3, 2018

         Results of the AXA Group employee share offering in 2018

On August 24, 2018 AXA announced the launch of its 2018 employee share offering
("SharePlan 2018"), a capital increase reserved to its employees worldwide.

Approximately 24,000 employees in 36 countries, representing over 23% of the
eligible employees, subscribed to SharePlan 2018.

The aggregate proceeds from the offering amount to approximately Euro 330
million, for a total of over 15 million newly-issued shares(1), subscribed at a
price of Euro 18.56 for the classic plan and Euro 21.83 for the leveraged plan.
The new shares are created with full rights as of January 1st, 2018. This
offering increases the total number of outstanding AXA shares which amounts to
2,438,770,645 on November 30, 2018.

Following SharePlan 2018, AXA's employees hold 5.17% of the share capital and
6.46% of the voting rights.

(1) In order to eliminate the dilutive effect of the SharePlan 2018 offering
and as announced in its press release published on September 17, 2018, AXA will
undertake a cancellation of its shares in the next few days in accordance with
its share repurchase program as authorized by the Shareholders' Meeting of
April 25, 2018.

ABOUT THE AXA GROUP

The AXA Group is a worldwide leader in insurance and asset management, with
160,000 employees serving 105 million clients in 62 countries. In 2017, IFRS
revenues amounted to Euro 98.5 billion and IFRS underlying earnings to Euro 6.0
billion. AXA had Euro 1,439 billion in assets under management as of December
31, 2017.

The AXA ordinary share is listed on compartment A of Euronext Paris under the
ticker symbol CS (ISN FR 0000120628 - Bloomberg: CS FP - Reuters: AXAF.PA).
AXA's American Depository Share is also quoted on the OTC QX platform under the
ticker symbol AXAHY.

The AXA Group is included in the main international SRI indexes, such as Dow
Jones Sustainability Index (DJSI) and FTSE4GOOD.

It is a founding member of the UN Environment Programme's Finance Initiative
(UNEP FI) Principles for Sustainable Insurance and a signatory of the UN
Principles for Responsible Investment.

This press release and the regulated information made public by AXA pursuant to
article L. 451-1-2 of the French Monetary and Financial Code and articles 222-1
et seq. of the Autorité des marchés financiers' General Regulation are
available on the AXA Group website (axa.com).

THIS PRESS RELEASE IS AVAILABLE ON THE AXA GROUP WEBSITE axa.com

FOR MORE INFORMATION:

Investor Relations:         +33.1.40.75.48.42
Andrew Wallace-Barnett:     +33.1.40.75.46.85
François Boissin:           +33.1.40.75.39.82
Aayush Poddar:              +33.1.40.75.59.17
Shantanu Priya:             +33.1.40.75.58.44
Mathias Schvallinger:       +33.1.40.75.39.20
Alix Sicaud:                +33.1.40.75.56.66

Individual Shareholder Relations:
                            +33.1.40.75.48.43

Media Relations:            +33.1.40.75.46.74
Julien Parot:               +33.1.40.75.59.80
Nicolas Feltrin:            +33.1.40.75.56.48
Shruti Dhanda:              +33.1.40.75.72.58
Farah El Mamoune:           +33.1.40.75.46.68

Corporate Responsibility strategy:
axa.com/en/about-us/strategy-commitments

SRI ratings:
axa.com/en/investor/sri-ratings-ethical-indexes

IMPORTANT LEGAL INFORMATION AND CAUTIONARY STATEMENTS CONCERNING
FORWARD-LOOKING STATEMENTS

Certain statements contained herein may be forward-looking statements
including, but not limited to, statements that are predictions of or indicate
future events, trends, plans or objectives. Undue reliance should not be placed
on such statements because, by their nature, they are subject to known and
unknown risks and uncertainties and can be affected by other factors that could
cause actual results and AXA's plans and objectives to differ materially from
those expressed or implied in the forward looking statements. Please refer to
Part 4 - "Risk factors and risk management" of AXA's Document de Référence
(Annual Report) for the year ended December 31, 2017, for a description of
certain important factors, risks and uncertainties that may affect AXA's
business, and/or results of operations. AXA undertakes no obligation to
publicly update or revise any of these forward-looking statements, whether to
reflect new information, future events or circumstances or otherwise.

This press release is not an offer for sale within the United States of any
security of AXA or any of its affiliates. Securities of AXA or any of its
affiliates may not be offered or sold in the United States absent registration
under U.S. securities laws or unless exempt from registration under such laws.

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