Printable PDF - Tessenderlo Group
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12<br />
<strong>Tessenderlo</strong> Chemie shares<br />
TESSENDERLO CHEMIE SHARE AND<br />
INVESTOR RELATIONS<br />
<strong>Tessenderlo</strong> Chemie shares have been listed on the Brussels Stock Exchange since<br />
17 August 1937. They are traded on the continuous market and are part of the<br />
‘Next 150’ and ‘NextPrime’ indices.<br />
On 31 December 2003, <strong>Tessenderlo</strong> Chemie NV’s capital was represented by<br />
27,113,352 shares without indication of nominal value (5,226,551 of which with<br />
VVPR strips). Bearer shares are issued in denominations of 1, 10, 50 and 100. At the<br />
end of 2003, 12,360,012 registered shares, including shares held by staff, were<br />
entered in the share register.<br />
<strong>Tessenderlo</strong> Chemie’s market capitalisation had increased to EUR 757,818,188 at the<br />
end of December 2003. The ‘velocity’ (the number of shares traded over twelve<br />
months compared with the total number of shares) within the Next 150 segment was<br />
23.07%, and the adjusted velocity within the BEL20 index was 43.17%.<br />
The liquidity contract that guarantees support for trading in the shares and their<br />
negotiability is in its third year.<br />
<strong>Tessenderlo</strong> Chemie shares are also represented on the American market, in the form<br />
of American Depository Receipts (ADR). Five ADR’s are equivalent to one <strong>Tessenderlo</strong><br />
Chemie share.<br />
In the past year, the ordinary share price fluctuated between 24.13 EUR and<br />
29.50 EUR. The closing price on 31 December 2003 was 27.95 EUR.<br />
Beginning of 2004 <strong>Tessenderlo</strong> Chemie NV has been selected for inclusion in the<br />
Kempen SNS Smaller European SRI Index. Membership is available to those companies<br />
that demonstrate defined standards and practise in the three areas of business ethics,<br />
human resources and the environment.