Shareholders as of 31 December, 2019
At the end of 2019, HAL Optical Investments B.V. held 76.72% of GrandVision shares, while our Management Board held 0.03%. The shares held in treasury (0.31%) allow GrandVision to hedge price risks related to grants made under long-term incentive plans.
Since the 2015 IPO, the remaining shares have been held by a number of institutional and retail investors across several jurisdictions.
Shareholders with more than 3% equity
Under Dutch law, shareholders who hold 3% or more shares in any Dutch company must be disclosed to the Dutch Financial Markets Authority (AFM). According to the register kept by the AFM, as of 10 February, 2015, the following shareholder has disclosed that it owns more than 3% of GrandVision’s total share capital:
- HAL Optical Investments B.V.
The following chart provides an overview of our shareholder structure as of 31 December, 2019:
Approximately 1% of the share capital from our publicly-traded shares was owned by investors registered in The Netherlands, while 99% were owned by foreign investors at the end of 2019.
The U.K. account held the highest percentage of shareholders registered outside The Netherlands, followed by the U.S.