16.10.2013 Views

FINANCIAL STATEMENTS 2010 - Finnlines

FINANCIAL STATEMENTS 2010 - Finnlines

FINANCIAL STATEMENTS 2010 - Finnlines

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

36. SHARES AND SHAREHOLDERS<br />

<strong>Finnlines</strong> Plc has one share series. Each share carries one vote at general shareholder meetings and conferes identical dividend rights.<br />

As outlined in <strong>Finnlines</strong>’ Articles of Association, the Company’s miminum share capital is EUR 50 million and the maximum is EUR 200<br />

million. The share capital can be increased or decreased within these limits. The Company’s paid-up and registered share capital on 31<br />

December <strong>2010</strong> totalled EUR 93,642,074. The capital stock consisted of 46,821,037 shares.<br />

SHARES<br />

<strong>Finnlines</strong> Plc shares are listed on NASDAQ OMX Helsinki Ltd. A total of 2.9 million shares were traded during the year under review.<br />

No treasury shares were held by the Company. The highest quoted price of the <strong>Finnlines</strong> share during the year was EUR 9.70 and low-<br />

est was EUR 6.95. At year-end, the shares’ market capitalisation value was EUR 373 million.<br />

SHAREHOLDERS<br />

At year-end <strong>2010</strong>, <strong>Finnlines</strong> had 2,222 shareholders. The ten largest shareholders owned 80.77 per cent of the Company’s shares.<br />

14.15 per cent of shareholders were nominee registered. At year-end, Italian Grimaldi Group had a holding of 65.84 per cent of Finn-<br />

lines’ shares and voting rights.<br />

<strong>Finnlines</strong>’ share ownership structure on 31 December <strong>2010</strong> * % of shares<br />

Private companies 1.15<br />

Financial and insurance companies 3.47<br />

Public entities 11.49<br />

Households 2.88<br />

Non-profit associations 0.83<br />

Nominee registered 14.15<br />

Other foreign 66.03<br />

Total 100.00<br />

Major shareholders at 31 December <strong>2010</strong> * Number of shares % of shares<br />

Grimaldi Group, Naples 30,827,572 65.84%<br />

Ilmarinen Mutual Pension Insurance Company 4,953,667 10.58%<br />

Mandatum Life 773,500 1.65%<br />

Pohjola Non-Life Insurance Company Ltd 290,000 0.62%<br />

Kaleva Mutual Insurance Company 256,666 0.55%<br />

The State Pension Fund 250,833 0.54%<br />

Sijoitusrahasto Taaleritehdas Arvo Markka Osake 150,000 0.32%<br />

Nordea Life Assurance Finland Ltd 113,466 0.24%<br />

Nordea Pro Finland Fund 110,503 0.24%<br />

Savings Bank Finland Fund 90,800 0.19%<br />

10 largest total 37,817,007 80.77%<br />

Nominee registered 6,623,786 14.15%<br />

Other shareholders 2,380,244 5.08%<br />

Total amount of shares 46,821,037 100.00%<br />

Management holding 1,210,014 shares, 2.58 per cent of shares.<br />

* Source: Euroclear Finland Oy<br />

48 FINNLINES PLC Financial Statements <strong>2010</strong> (figures in EUR thousand, if not stated otherwise)

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!