Shares and Share Capital
As at 31 December 2016, Sampo plc had 560,000,000 shares, which were divided into 558,800,000 A shares and 1,200,000 B shares. Total number of votes attached to the shares is 564,800,000. Each A share entitles the holder to one vote and each B share entitles the holder to five votes at the General Meeting of Shareholders. According to the company’s Articles of Association, A Shares must number at least 179,000,000 and no more than 711,200,000. Meanwhile, B shares must number at least zero and no more than 4,800,000. As at 31 December 2016 Sampo plc's share capital amounted to EUR 98 million (98) and the equity capital in total to EUR 11,934 million (11,411).
Sampo plc’s Articles of association contain a redemption obligation (16§) according to which a shareholder whose holding of all shares or of all votes relating to the reaches or exceeds 33 1/3 per cent or 50 per cent, is obliged to redeem, at the presentation of claims by other shareholders, their shares and the documents giving entitlement to the shares, as stipulated in the Finnish Companies Act, in the manner prescribed in the Article. The Article contains further provisions on calculating the shareholder’s holding and redemption price.
Development of the Number of Shares Sampo plc, 2007–2016
Year | A shares | B shares | Total | Change during year | Reason for change |
1 Jan 2007 | 566,418,145 | 1,200,000 | 567,618,145 | 15,740,245 | Option conversion (A share) |
-4,827,500 | Cancellation of shares bought back (A share) | ||||
1 Jan 2008 | 577,330,890 | 1,200,000 | 578,530,890 | -17,158,500 | Cancellation of shares bought back (A share) |
1 Jan 2009 | 560,172,390 | 1,200,000 | 561,372,390 | no change | |
1 Jan 2010 | 560,172,390 | 1,200,000 | 561,372,390 | -90,000 | Cancellation of shares bought back (A share) |
1 Jan 2011 | 560,082,390 | 1,200,000 | 561,282,390 | -1,282,390 | Cancellation of shares bought back (A share) |
1 Jan 2012 | 558,800,000 | 1,200,000 | 560,000,000 | no change | |
1 Jan 2013 | 558,800,000 | 1,200,000 | 560,000,000 | no change | |
1 Jan 2014 | 558,800,000 | 1,200,000 | 560,000,000 | no change | |
1 Jan 2015 | 558,800,000 | 1,200,000 | 560,000,000 | no change | |
1 Jan 2016 | 558,800,000 | 1,200,000 | 560,000,000 | no change | |
1 Jan 2017 | 558,800,000 | 1,200,000 | 560,000,000 | no change |
Shareholders by the Number of Shares Owned Sampo plc, 31 December 2016
Number of shares | Shareholders, number | Shareholders, % | Shares, number | Shares, % | Voting rights, number | Voting rights, % |
1-100 | 34,269 | 37.71 | 1,882,969 | 0.34 | 1,882,969 | 0.33 |
101-500 | 37,004 | 40.72 | 9,464,395 | 1.69 | 9,464,395 | 1.68 |
501-1,000 | 9,455 | 10.40 | 7,219,953 | 1.29 | 7,219,953 | 1.28 |
1,001-5,000 | 8,382 | 9.22 | 17,804,135 | 3.18 | 17,804,135 | 3.15 |
5,001-10,000 | 969 | 1.07 | 7,007,412 | 1.25 | 7,007,412 | 1.24 |
10,001-50,000 | 634 | 0.70 | 12,922,357 | 2.31 | 12,922,357 | 2.29 |
50,001-100,000 | 68 | 0.08 | 4,878,277 | 0.87 | 4,878,277 | 0.86 |
100,001-500,000 | 67 | 0.07 | 14,788,667 | 2.64 | 14,788,667 | 2.62 |
500,001- | 31 | 0.03 | 477,371,975 | 85.25 | 482,171,975 | 85.37 |
Total | 90,879 | 100.00 | 553,340,140 | 98.81 | 558,140,140 | 98.82 |
of which nominee registered | 11 | 330,917,414 | 59.09 | 330,917,414 | 58.59 | |
On waiting list, total | 0 | 0 | 0.00 | 0 | 0.00 | |
On joint account | 6,659,860 | 1.19 | 6,659,860 | 1.18 | ||
Total number of shares issued | 560,000,000 | 100.00 | 564,800,000 | 100.00 |
Sampo plc adopted a new trading code on 1 September 2016 in Nasdaq Helsinki. The new trading code (stock symbol) is SAMPO. The previous code was SAMAS.
Sampo A shares have been quoted on the main list of the Nasdaq Helsinki since 1988 and all of the B shares are held by Kaleva Mutual Insurance Company. B shares can be converted into A shares at the request of the holder. At the end of the financial year, neither Sampo plc nor its Group companies held any Sampo A shares.