Employee Shareplan
“I think the FCTG Employee Shareplan is a great way to get started with trading. It gives you the opportunity to invest in the business you’re part of and have a real sense of ownership in its success. It’s a great feeling knowing you’ve got a stake in the future of FCTG" - Rachael (FCM Account Manager)
Own a piece of FCTG
As an FCTG employee, there are several ways you may have the opportunity to participate in FCTG share ownership.
From the Global Employee Share Plan to trading FCTG shares during approved trading windows, and the Global Recovery Rights Grants, these programs can help eligible employees share in FCTG's performance and become shareholders.
Please note that the following information has been written for our Australian Employees. Please check your local benefits page or speak with your local People Experience representatives for more information.
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Three ways to own a part of FCTG
1. Global Employee Share Plan
The Global Employee Share Plan gives eligible employees the opportunity to purchase FCTG shares through regular after-tax salary deductions, with the potential to receive one free Matched Share for every two shares acquired, subject to the applicable vesting conditions.
Eligible employees generally need to have completed at least three months' service at the relevant offer window. Offers are made twice a year, usually in May and November.
Key features include:
- Invest between $500 and $30,000 per year through after-tax salary deductions.
- Acquired shares are purchased at the average market price each month.
- You can withdraw from the plan at any time.
- Receive one Matched Share for every two Acquired Shares when the vesting conditions are met.
- The vesting period is approximately 2 years and 2 months.
- As a shareholder, you may receive dividends when declared by FCTG.
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2. Trading FCTG Shares
FCTG employees are considered Restricted Persons under FCTG's Share Trading Policy. This means there are rules around when you can buy or sell FCTG shares, designed to protect employees from insider trading provisions and penalties.
Trading windows typically occur three times a year for around 30 days, generally following the release of FCTG's full-year results, half-year results and the AGM.
You can sell unrestricted shares held through Equate Plus during an approved trading window. For other FCTG shareholdings, you'll need your own share trading broker account, and FCTG's Share Trading Policy continues to apply.
Remember: FCTG's share price can rise and fall depending on market conditions, and there are no guarantees. Brokerage costs for shares held through your own broker will depend on your broker.
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3. Global Recovery Rights Grants
The Global Recovery Rights Grants — GRR I and GRR II — were established to recognise and thank employees for their loyalty and dedication to FCTG during the COVID-19 pandemic and recovery period.
Eligible employees who accepted a grant were required to remain continuously employed by FCTG until the relevant vesting date. Once vested, the Rights become exercisable through Equate Plus into fully paid ordinary FCTG shares during an approved Share Trading Window.
The Rights were issued at no cost to employees. Once exercised, employees own the resulting shares and can sell them during an approved trading window, subject to FCTG's Share Trading Policy.
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Important information
This page provides a general overview only. It does not take into account your individual financial circumstances, needs or objectives and does not constitute financial product or investment advice.
Tax, legal and other information is general in nature and may change. You should consider your own circumstances and seek advice from an appropriately qualified financial adviser or registered tax agent before making decisions about your FCTG shares.
For the complete terms and conditions, always refer to the relevant Plan Invitation documentation.
Need help?
For questions about your FCTG share plan or your Equate Plus account:
Equate Plus – Computershare Plan Managers Pty Limited
1800 039 357
You can also find further information and resources through:
- ASIC MoneySmart Investor Toolkit
- ASX education resources
- Moneywise Global
- What the "Getting into the Sharemarket Tutorial" here
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