Capital and Shareholders
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.
OWNERSHIP STRUCTURE BY TYPE AND MAJOR SHAREHOLDERS
Source: Nasdaq OMX, December 2016 (Ownership structure by type); Thomson One public sources and CONSOB, December 2016 (Major shareholders over 3%). Consob Form 120B released on 18/01/2017.
* Mainly includes shares held by non-institutional investors and shares with third-party custodians held for trading.
INSTITUTIONAL INVESTORS BY GEOGRAPHICAL AREA
INSTITUTIONAL INVESTORS BY INVESTMENT APPROACH
Fonte: Nasdaq OMX December 2016
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. 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.