Annual Report 2012 - Tivoli

❖tivoli ANNUAL REPORT 2012 ❖❖SHAREHOLDER INFORMATIONTivoli A/S is listed on Nasdaq OMX Copenhagen. At31 December 2012, the share capital amounted toDKK 57.2 million distributed on 571,666 shares ofDKK 100 each carrying an entitlement to 10 votes.At 31 December 2012, the market price of 2,929corresponded to a market capitalisation of DKK 1.7billion. At 31 December 2011, the market price of2,980 corresponded to a market capitalisation of DKK1.7 billion. Shareholders with a shareholding registeredto their name with a nominal value of at leastDKK 1,000 receive a Pass to Tivoli. The Pass entitlesthe holder and one companion to free admission toTivoli in all Tivoli seasons. The entitlement to a Passis decided upon by the Board of Directors for one yearat a time.to 25% of the Company’s profit after tax be distributed.In years when investments are particularly high,the Board of Directors may decide that the dividendshould deviate from the policy.Tivoli A/S’ profit after tax for 2012 amounted to DKK31.4 million compared to DKK 24.5 million in 2011.The Board of Directors recommends to the AnnualGeneral Meeting distribution of dividend of 25% ofthe profit after tax for the year, corresponding to DKK7.8 million compared to DKK 6.1 million last year.The remaining profit of the Parent Company will beallocated to the Company’s distributable reserves asthe Company is also expecting a high level of investmentsin the coming years.SHARE PRICE DEVELOPMENTThe share price development in the period from 31December 2007 to 31 December 2012 compared withthe OMXC20:DIVIDEND POLICY AND DIVIDENDThe Board of Directors has established a generalpolicy for payment of dividend. It is the intention that,in normal investment years, dividend correspondingSHAREHOLDERSAt 31 December 2012, Tivoli had 19,383 registeredshareholders. According to the Company’s registerof shareholders, shareholdings in excess of 5% breakdown as follows:Skandinavisk Holding A/S 31.8%Chr. Augustinus Fabrikker Aktieselskab 25.4%SHARE PRICE DEVELOPMENTTivoliOMXC204,5004,0003,5003,0002,5002,0001,50031-12-200731-12-200831-12-200931-12-201031-12-201131-12-2012550500450400350300250200150STOCK EXCHANGE ANNOUNCEMENTSAttendance, Christmas at Tivoli 2011 2 January 2012Expectations for the 2011 result 17 January 2012Financial Calendar 2012 24 January 2012Annual Report 2011 20 March 2012Notice to convene AnnualGeneral Meeting 30 March 2012Minutes of the AnnualGeneral Meeting 30 April 2012Interim Report at 31 March 2012 29 May 2012License for online casino 8 June 2012Interim Report at 30 June 2012 15 August 2012Attendance, Summer Season 2012 25 September 2012Major shareholder announcement 28 September 2012Attendance, Halloween at Tivoli 2012 29 October 201236