Corporate governance
Shareholders
Registered shareholders
As of March 31, 2019, the shareholdings of registered shareholders were distributed as follows:
|
Number of shares |
|
Registered shareholders 31.3.2019 |
|
Registered shareholders 31.3.2018 |
|
1 – 100 |
|
7,538 |
|
7,387 |
|
101 – 1,000 |
|
8,223 |
|
9,729 |
|
1,001 – 10,000 |
|
1,138 |
|
1,277 |
|
10,001 – 100,000 |
|
211 |
|
214 |
|
100,001 – 1,000,000 |
|
42 |
|
35 |
|
> 1,000,000 |
|
6 |
|
6 |
|
Total registered shareholders |
|
17,158 |
|
18,648 |
Significant shareholders
The following overview shows the registered shareholdings of significant shareholders as of March 31, 2019. Nominees are registered without voting rights. Significant shareholders may also hold non-registered shares which are reported under “Not registered”:
|
|
|
2019 |
|
2019 |
|
2018 |
|
2018 |
|
|
|
No. of shares |
|
In % |
|
No. of shares |
|
In % |
|
Beda Diethelm 1) |
|
6,654,759 |
|
10.19 |
|
6,657,509 |
|
10.19 |
|
Chase Nominees Ltd. 2) |
|
5,906,307 |
|
9.04 |
|
5,610,620 |
|
8.59 |
|
Family of Hans-Ueli Rihs 1) 3) |
|
3,704,307 |
|
5.67 |
|
3,733,000 |
|
5.71 |
|
Nortrust Nominees Ltd. 2) |
|
3,799,076 |
|
5.82 |
|
2,878,139 |
|
4.41 |
|
Bank of New York Mellon Nominee 2) |
|
2,724,420 |
|
4.17 |
|
n/a |
|
<3.00 |
|
Fidelity Funds |
|
2,241,202 |
|
3.43 |
|
n/a |
|
<3.00 |
|
Andy Rihs 1) 4) |
|
n/a |
|
<3.00 |
|
2,009,979 |
|
3.08 |
|
Registered shareholders with less than 3% of shares |
|
19,332,634 |
|
29.59 |
|
23,475,488 |
|
35.93 |
|
Not registered |
|
20,968,182 |
|
32.10 |
|
20,966,152 |
|
32.09 |
|
Total shares |
|
65,330,887 |
|
100.00 |
|
65,330,887 |
|
100.00 |
1) The founding shareholders Andy Rihs, Beda Diethelm and Hans-Ueli Rihs were already shareholders before the Initial Public Offering in November 1994. There are no shareholders’ agreements among these individuals and they can trade freely.
2) Registered without voting rights.
3) Hans-Ulrich Rihs, Gabriela Rihs and Stefan Rihs as a group jointly control 3,704,307 registered shares (corresponding to 5.67% of total Sonova share capital) as of December 24, 2018. These shares were previously controlled by Hans-Ulrich Rihs as a single shareholder.
4) Andy Rihs deceased on April 18, 2018.
For information on shareholders of Sonova Holding AG that have reported shareholdings of over 3% or a reduction of shareholdings below 3% in the financial year (FY) 2018/19, please refer to the website of the Disclosure Office of the SIX Swiss Exchange www.six-exchange-regulation.com/en/home/publications/significant-shareholders.html.
Cross-shareholdings
Sonova Holding AG has no cross-shareholdings with other companies.
