2017 Yearly Overview | Prysmian Group

ALWAYS IN TOUCH WITH THE MARKET PRYSMIAN GROUP 2017 YEARLY OVERVIEW Approximately 71% of the share capital held by institutional investors is represented by investment funds with value, growth, or growth at a reasonable price (GARP) strategies, all focused on a medium to long-term perspective. The proportion of investors adopting an index investment strategy was stable compared with 2016. It means that Prysmian is one of Italy's few globally present industrial concerns to have achieved true public company status in recent years, with nearly 80% of its capital held by institutional investors. The geographical ownership structure shows a predominant UK presence, which represents 26% of the institutional investor total, an increase from 2016. This is followed by the USA, which accounted for 22%, a decrease from 2016. Italy accounted for around 14% of the capital held by institutional investors, while France's share edged up to 10%. AN OWNERSHIP STRUCTURE WITH NO CONTROLLING INTEREST The free float in 2017 stayed equal to 100% of outstanding shares with shareholdings exceeding 3%, accounting for some 19%.