Ownership structure

Ownership structure

Capital and Shareholding Structure as of 31 January 2017

At 31 January 2017, the share capital of Prysmian S.p.A. amounted to Euro 21,672,092.20, comprising 216,720,922 ordinary shares with a nominal value of Euro 0.10 each. The ownership structure at this date is shown below.

EN - Investors - Ownership structure - By type and major shareholders

Last Update: January 2017. Sources: Nasdaq OMX, December 2016. Consob, January 2017 * Mainly includes shares held by non-institutional investors and shares with third-party custodians held for trading.

Ownership structure by type and major shareholders

The Company's free float was equal to 100% of the outstanding shares and major shareholdings (in excess of 3%) accounted for approximately 19% of total share capital, meaning there were no majority or controlling interests. Prysmian is now one of Italy's few globally present industrial concerns to have achieved true Public Company status in recent years.
 

EN - Institutional Investors - By geographical area

Source: Nasdaq OMX, December 2016

Institutional investors by geographical area

The geographical ownership structure confirms the predominant presence of the United States, whose investors hold 30% of institutional investor total, down from 2015, followed by the United Kingdom, which accounted for about 19% at the end of 2016. At the end of 2016 Italy accounted for around 17% of the capital held by institutional investors, up from 2015, while France's share increased to 9%. The proportion of Asian investors was stable.

 

EN - Investors - Ownership structure - By investment approach

Institutional investors by investment approach

Approximately 68% of the share capital held by institutional investors is represented by investment funds with Value, Growth or GARP strategies, therefore focused on a medium to long-term investment horizon. The proportion of investors adopting an Index investment strategy, based on the principal stock indexes, was slightly higher than the previous year, while the Hedge Fund component, focused on a shorter time horizon, increased its weight to 4% of the total.

EN - Investors - Slider related content