New Fraport Shares for Employees
2.05.2002, 09:23
FRANKFURT 02.05.2002 (PROTEXT) - Following its successfulinitial public offering (IPO) in 2001, Fraport AG is againoffering employees the opportunity to receive Fraport shares aspartial or complete remuneration under the company's annualsuccess and performance participation program. A third ofFraport's staff has taken advantage of this opportunity,subscribing to 106,058 shares with a nominal value of 10 pershare. As a result, Fraport's share will increase to 902.1million. Fraport's executive board regards the employee stockparticipation program as an important instrument for motivatingemployees, so corporate goals can be optimally realized.Employees already had the opportunity internally to subscribe tocompany shares offered during Fraport's IPO in June 2001. At thattime, 56 percent of all eligible Fraport employees took advantageof the offer. In the coming years, Fraport employees will havefurther opportunities to subscribe to Fraport shares atattractive conditions. For More Information, Please Contact:Fraport AG Frankfurt Airport Services Worldwide Attn: Robert A.Payne Manager International Press 60547 Frankfurt am Main,Germany Tel.: +49 69 690 -78547 / Fax: +49 69 690 -60548 E-Mail: r.payne@fraport.de Internet: www.fraport.de (cllick on"Press Lounge")
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