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Capital and shares

AScX

Capital and shares

The number of outstanding, ordinary shares amounted to 1 January 2017 93,255,929. The total authorised number of shares consists of 160,000,000 ordinary shares, 39,999,995 preference shares and 1 priority share. No preference shares were issued at year-end 2016. The issued and paid-up priority share and the issued and paid-up ordinary shares are classified as equity. Each listed Ordina N.V. ordinary share entitles the holder to cast one vote.

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Disclosure of Major holdings in Listed Companies

Within the framework of the Dutch Disclosure of major holdings in Listed Companies act, the company has received the following notifications: 
Shareholding 3% to 5%: OMAM Inc.
Shareholding 5% to 10%: Teslin Capital Management (Todlin N.V.), Otus Capital Lazard Freres Gestion SAS, Dimensional Fund Advisors
Shareholding 15% to 20%: Mont Cervin S.à r.l.

 

dividend policy

Ordina applies a transparent dividend policy. Subject to a number of conditions, and depending on the assessed size of the (current and expected) cash position, Ordina pays 40% - 60% of the net profit in a financial year as dividend.

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