2007 Reference document (PDF) - Valeo

5 Information
PAGE 186
on the Company and its capital
Current ownership structure
Current ownership structure
1. Changes in ownership structure since 2005
The following table concerning the Company’s capital and voting
rights was prepared based on disclosures made to the Company
in accordance with Articles L. 233-7 and L. 233-12 of the French
Commercial Code, as well as information voluntarily provided by
Number
of shares
2007 Reference document - VALEO
shareholders. The percentage of shares and voting rights held by each
shareholder is based on the Company’s capital at December 31, 2007,
corresponding to 78,209,617 shares and 78,982,937 voting rights,
excluding treasury stock.
December 31, 2005 December 31, 2006 December 31, 2007
% Number
of voting
rights*
% Number
of shares
% Number
of voting
rights*
% Number
of shares
% Number
of voting
rights*
M&G
Investment
Management
Limited
Caisse des
Dépôts et
1,631,438 2 .10 1,631,438 2 .06 1,631,438 2.09 1,631,438 2.07
consignations** 5,061,559 6.53 7,128,860 9.03 5,061,559 6.52 7,128,860 9.01 4,681,559 5.99 6,748,860 8.54
Morgan Stanley
The Boston
Company Asset
Management
8,685,926 11.11 8,685,926 11.00
LLC
Brandes
Investment
4,124,213 5.32 4,124,213 5.23 4,208,278 5.42 4,208,278 5.32 0 0.00 0 0.00
Partners LP
Franklin
3,996,838 5.16 3,996,838 5.06 4,120,338 5.31 4,120,338 5.21 3,572,038 4.57 3,572,038 4.52
Resources, Inc.
Pardus
European
Special
Opportunities
8,323,865 10.74 8,323,865 10.55 3,752,183 4.84 3,752,183 4.74 3,752,183 4.80 3,752,183 4.75
Master Fund LP 3,450,000 4.45 3,450,000 4.36 14,500,000 18.54 14,500,000 18.36
Employees 1,418,375 1.83 1,418,375 1.80 1,041,149 1.34 1,041,149 1.32 962,270 1.23 962,270 1.22
Treasury stock 807,704 1.04 0 0.00 686,704 0.89 0 0.00 1,432,804 1.83 0 0.00
Other 53,777,803 69,38 53,930,522 68,33 53,628,968 69,13 53,777,208 67,98 38,991,399 49,84 39,130,222 49,54
TOTAL 77,510,357 100.00 78,922,673 100 77,580,617 100.00 79,109,454 100.00 78,209,617 100.00 78,982,937 100.00
* Shares registered in the name of the same shareholder for 4 years carry double voting rights (see page 164 ).
** Caisse des dépôts et consignations’ interest held in its own account. Caisse des dépôts et consignations is the only shareholder owning over 5% of the capital that has double
voting rights.
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