Jan 30 Reuters Sodexo shareholders on Tuesday approved the spinoff of its voucher and benefits division Pluxee, paving the way for its listing on Euronext Paris on Feb. 1.

French food caterer, which is benefiting from the costofliving crisis as employers look for ways to support staff without hiking wages, announced in April 2023 a plan to spin off and list the voucher unit in 2024, betting on the good performance of the business.

Shareholders will receive one Pluxee share for each of their Sodexo shares.

Reporting by Diana Mandiá; editing by Milla Nissi

Source Reuters