Corporate Governance/Group and Shareholder structure

GROUP AND SHAREHOLDER STRUCTURE

1. Group structure

 

 

 

Company

 

Züblin Real Estate Holding Ltd.

Domicile

 

Zurich

Listing

 

SIX Swiss Exchange

Market capitalization as of 3/31/2024

 

CHF 85.6 million

Valor symbol

 

ZUBN

Valor number

 

31 230 968

ISIN-Code

 

CH0312309682

Züblin Real Estate Holding Ltd., domiciled in Zurich, is the parent company of the Züblin Group. An overview of all Group companies and participations is provided in detail in 1.2 “List of Group companies” of notes to the consolidated financial statements. For a presentation of the operational group structure of Züblin, please also refer to section 2.5.3 “Segment Reporting (IFRS 8)”.

2. Shareholder structure

Number of shares registered in the commercial register as of 31 March 2024: 3 318 027

 

 

Number of shareholders

 

%

 

Number of shares

 

%

Number of shares

 

 

 

 

 

 

 

 

1 to 100

 

580

 

53.0

 

15 409

 

0.5

101 to 500

 

305

 

27.8

 

80 233

 

2.4

501 to 1 000

 

108

 

9.9

 

79 983

 

2.4

1 001 to 5 000

 

73

 

6.7

 

158 547

 

4.8

5 001 to 50 000

 

21

 

1.9

 

312 591

 

9.4

50 001 to 99 540

 

5

 

0.4

 

407 752

 

12.3

99 541 (3%) and more

 

3

 

0.3

 

1 853 542

 

55.9

Total shares registered

 

1 095

 

100.0

 

2 908 057

 

87.7

Non-registered

 

 

 

 

 

409 970

 

12.3

Total shares issued

 

 

 

 

 

3 318 027

 

100.0

 

 

 

 

 

 

 

 

 

Shareholder categories

 

 

 

 

 

 

 

 

Individuals

 

1 010

 

92.2

 

571 798

 

19.7

Pension funds

 

8

 

0.7

 

23 326

 

0.8

Fonds

 

27

 

2.5

 

131 104

 

4.5

Insurances

 

1

 

0.1

 

90 000

 

3.1

Other legal entities

 

49

 

4.5

 

2 091 829

 

71.9

Total shares registered

 

1 095

 

100.0

 

2 908 057

 

100.0

Significant shareholders (shareholding interest >3%)

On the reporting date 31 March 2024, Züblin Immobilien Holding AG was aware of the following shareholders exceeding a disclosure threshold:

Direct / indirect shareholder

 

Disclosure according to FinMIA as of

 

Shareholding according to share registry in %

 

 

 

 

 

 

 

 

 

 

Lamesa Holding SA, Panama (Viktor Vekselberg 1 )

 

41.65% / 27.09.2018

 

41.65

Group of shareholders: Wiederkehr Associates AG, Zurich 1 ;Volare Group AG, Suhr (Daniel Sieber 1 ); Joachim Kohm 1 ;Marcel Vögtlin 1 ; Dr. Hans-Rudolf und Ursina Schärli 1, 2

 

17.07% / 16.11.2023

 

10.10

Special Themes SCC Ltd., Valetta, Malta 3 ; Wiederkehr Associates Funds ("WAF") SICAF-SIF, Luxembourg, Luxembourg 4 (PMG Fonds Management AG, Zürich 1 )

 

5.0635% / 15.7.2020

 

6.97

Rolimag AG, Wollerau (Rudolf Hänggi 1 )

 

5.003% / 06.02.2024

 

5.00

Swisscanto Fondsleitung AG, Zürich

 

3.6272% / 05.02.2022

 

0.43

1 Person with beneficial ownership / authorised to exercise voting rights.

2 Wiederkehr Associates AG represents an organized group of shareholders regarding the agreement to exercise voting rights in the sense of article 120 f. according to the Financial Market Infrastructure Act (FinMIA) - consisting of the beneficial owners or persons authorised to exercise voting rights - Wiederkehr Associates AG, Daniel Sieber, Joachim Kohm, Marcel Vögtlin and Hans-Rudolf and Ursina Schärli. It holds 17.07 % of the total voting rights, of which 6.97 % were transferred by a third party for the purpose of exercising voting rights at their own discretion. (notifications from 31 March 2020, 16 May 2020 and 16 November 2023 due to changes in the composition of the shareholder group).

3 100% owned by PMG Fonds Management AG

4 Asset Manager: PMG Fonds Management AG

Information on significant shareholders is based on the shareholders register or on notifications received by Züblin. A disclosure obligation exists if a person or group(s) is/are subject to the disclosure requirement when reaching, exceeding, or falling below the threshold of 3, 5, 10, 15, 20, 25, 33⅓, 50 or 66⅔ percent of the voting rights of Züblin Immobilien Holding AG. As entry in the share registry of Züblin Immobilien Holding is optional, the information as of March 31 may differ from the shareholdings disclosed in accordance with the FinMIA (FinfraG).

Disclosure reports made during the reporting year in accordance with Art. 120 of the Financial Market Infrastructure and Market Conduct in Securities and Derivatives Trading (FinMIA) and the provisions of the Financial Market Infrastructure Ordinance (FinMIO) can be viewed on the reporting and publication platform of SIX Swiss Exchange (https://www.ser-ag.com/en/resources/notifications-market-participants/significant-shareholders.html#/).

After the balance sheet date, there was no significant change in the shareholder structure.

Shareholders by geographical origin

  1. Panama 42%
  2. Switzerland 37%
  3. Malta 7%
  4. Various 2%
  5. Dispo Stock 12%

Cross-shareholdings

There were no cross-shareholdings with other companies as of the balance sheet date.