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ANNUAL REPORT 2007 | 2008 - Gimv

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Volume<br />

16 000 000<br />

14 000 000<br />

12 000 000<br />

10 000 000<br />

8 000 000<br />

6 000 000<br />

4 000 000<br />

2 000 000<br />

0<br />

Share price and trading volumes over the past<br />

fi ve years (in EUR)<br />

3 - Share price in <strong>2007</strong>-<strong>2008</strong><br />

2003 2004 2005 2006 <strong>2007</strong><br />

The credit crisis, and the shadow it threw over fi nancial markets,<br />

brought to an end the continuous rise in the <strong>Gimv</strong> share price<br />

since the start of 2003.<br />

Despite this, <strong>Gimv</strong> posted excellent results during the past fi nancial<br />

year. It also took important steps for expanding its activities,<br />

both sector-wise and geographically.<br />

The share price reached its highest point at EUR 54.99 on<br />

18 June <strong>2007</strong>, and its lowest point of EUR 41.25 on 15 January<br />

<strong>2008</strong>. The average price was EUR 48.68.<br />

The average daily trading volume decreased signifi cantly from<br />

50 173 shares in 2006-<strong>2007</strong> to 35 232 during the past year.<br />

This is mainly due to the private placement in October 2006.<br />

The stock market price remained quite stable over the fi nancial<br />

year (- 0.7 percent), despite the payment of major dividends.<br />

The evolution of the market price, together with the dividends<br />

paid, represents a gross yield for shareholders of 9.4 percent.<br />

<strong>2008</strong><br />

Price<br />

60<br />

55<br />

50<br />

45<br />

40<br />

35<br />

30<br />

25<br />

20<br />

15<br />

10<br />

Volume (monthly averages)<br />

Price (right scale)<br />

| 85

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