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VINCI - 2005 annual report

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3.3 BREAKDOWN OF SHARE CAPITAL AND VOTING RIGHTS<br />

Breakdown of share capital and voting rights at 31 December <strong>2005</strong><br />

Employee shareholders<br />

Details of the Group savings scheme are given in the Social Responsibility<br />

section, page 120.<br />

Voting rights<br />

There are no double voting rights and no restrictions on voting rights.<br />

The difference between the breakdown of shareholdings and voting rights<br />

is due to shares held in treasury, which do not confer voting rights.<br />

Breaching of shareholding thresholds<br />

Under the terms of declarations received by the Company (of breaches<br />

of the 5% legal threshold or the 2% threshold provided for in the corporate<br />

statutes of the share capital or voting rights), the shareholders<br />

identifi ed as holding more than 2% of the share capital or voting rights,<br />

other than those shown in the table above, are as follows:<br />

GENERAL INFORMATION<br />

Number Number of % of Number of<br />

of shares % capital voting rights voting rights shareholders<br />

Employees (company mutual funds) 16,732,490 8.5% 16,732,490 8.8% 50,514<br />

Treasury shares (1) 6,835,016 3.5% — — —<br />

Total not in free-fl oat 23,567,506 12.0% 16,732,490 8.8% 49,730<br />

Company offi cers 4,056,380 2.1% 4,056,380 2.1% 17<br />

Other individual shareholders (France) 18,208,975 9.2% 18,208,975 9.6% 106,221<br />

Other individual shareholders (Rest of world) 1,805,813 0.9% 1,805,813 1.0% 1,308<br />

Total individual shareholders (2) 24,071,168 12.2% 24,071,168 12.7% 107,546<br />

Institutional shareholders (France) 49,349,232 25.1% 49,349,232 26.0% 125<br />

Institutional shareholders (Rest of world) 99,648,368 50.7% 99,648,368 52.5% 323<br />

Total institutional shareholders (2) 148,997,600 75.8% 148,997,600 78.5% 448<br />

Total 196,636,274 100.0% 189,801,258 100.0% 157,724<br />

(1) Treasury shares held by <strong>VINCI</strong>. There are no treasury shares held via companies in which <strong>VINCI</strong> has a direct or indirect holding of more than 50%.<br />

(2) Estimates at 31 December <strong>2005</strong> on the basis of registered named shareholders, a schedule of identifi able bearer shares and a shareholding survey conducted with institutional shareholders..<br />

– Morgan Stanley (declared on 28 December <strong>2005</strong>);<br />

– Caisse Nationale des Caisses d’Epargne (declared on 20 December <strong>2005</strong>);<br />

– Highfi elds Capital (declared on 1 November <strong>2005</strong>).<br />

Shareholder agreements<br />

To the best of the Company’s knowledge, there are no shareholder agreements,<br />

groups of shareholders acting as partners, and no shareholders<br />

acting in concert.<br />

Registered shareholders<br />

At 31 December <strong>2005</strong>, the Company had 948 shareholders whose registration<br />

is managed by the Company and 628 shareholders whose registration<br />

is managed by a fi nancial institution.<br />

301

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