The number of issued shares of each class as of 5 September 2016 was as follows:
|SES Shareholders(1)||Number of Shares||% Voting Shareholding||% Economic Participation|
|Sofina Group||13 960 104||2.43 %||3.03 %|
|Nouvelle Santander Telecommunications S.A.||8 000 000||1.39 %||1.74 %|
|Luxempart Invest S.à.r.l.||5 413 264||0.94 %||1.18 %|
|Other shareholders||4 977 143||0.87%||1.08 %|
|BCEE FDRs (free float)||351 107 089||61.04%||76.30 %|
|Total A Shares||383 457 600
||66.67 %(3)||83.33 %(3)|
|BCEE||62 572 893||10.88 %||5.44 %|
|SNCI||62 565 085||10.88 %||5.44 %|
|Etat du Grand-Duché de Luxembourg||66 590 822||11.58 %||5.79 %|
|Total B Shares (2)||191 728 800
||33.33 % (3)||16.67 %|
|Total Shares (Actual)||575 186 400
|Total Shares (Economic)||460 149 120
Please also refer to the interest notifications received under threshold disclosure obligation.
The ratio of Class A shares to Class B shares must be maintained at 2:1 as required by the Articles of Incorporation.
The listed security is the Fiduciary Depositary Receipt (“FDR”), listed on the Luxembourg and Euronext Paris Stock Exchanges. Each of these is backed by one Class A share and has all the rights attaching to that share, except the right of attending General Meetings of shareholders. In order to attend a General Meeting, at least one registered share must be held. Voting rights may be exercised by notifying the Fiduciary (Banque et Caisse d’Epargne de l’Etat) of the voting intention.
Of the Class A Shares, 351 107 089 (76.30% of the economic shares) are currently lodged with the Fiduciary and trade in the form of FDRs.
Shares of Class B are held by the Luxembourg state and the public institutions Banque et Caisse d’Epargne (BCEE) and Société Nationale de Crédit et d’Investissement (SNCI). Class B shares carry 40% of the economic rights of the shares of Class A. The B shares are not listed on any exchange and do not back a tradable security.
(1) Significant shareholdings as of 5 September 2016.
(2) Shares of Class B carry 40% of the economic rights of shares of Class A.
(3) All figures have been rounded up to the second decimal,which may result in a rounding difference of the total percentage for Class A and B shares.
Under IAS 33, the earnings per share and dividend per share calculations should be made using the weighted average number of shares during the period. The weighted average number of shares should be adjusted for the shares purchased by the company.