The shareholder structure of VERBUND is essentially characterised by the majority shareholding that is held by the Republic of Austria. Under constitutional law, 51% of the share capital of VERBUND AG must remain in the ownership of the Republic of Austria. More than 32% of the share capital is in the ownership of regional energy suppliers. Less than 20% of the share capital is in free float.
|(A) Republic of Austria||51.00|
|(B) Syndicate EVN und Wiener Stadtwerke||> 25.00|
|(C) TIWAG||> 5.00|
|(D) Free float||20.00|
(A) Republic of Austria (public corporation):
The 51% shareholding of the Republic of Austria is executed by the Federal Minister of Finance.
(B) Syndicate of EVN and Wiener Stadtwerke:
The ownership structure in EVN AG is as follows:
In accordance with constitutional law, the Province of Lower Austria (public corporation), which holds its shares through NÖ Landes-Beteiligungsholding GmbH, St. Pölten, is the majority shareholder in EVN AG with 51% of the shares. 32.5% are held by German EnBW Energie Baden-Württemberg AG. The remaining shares are in free float.
The ownership structure in Wiener Stadtwerke Holding AG is as follows:
Wiener Stadtwerke Holding AG is wholly owned by the city of Vienna (public corporation).
The ownership structure in TIWAG-Tiroler Wasserkraft AG is as follows:
TIWAG-Tiroler Wasserkraft AG is wholly owned (100%) by the Province of Tyrol (public corporation).
(D) Free float:
No further information regarding the proprietorship of shares in free float is known.
With regard to legal and statutory limitations of voting rights, please note that, with the exception of local authorities and companies in which local authorities have a share of at least 51%, the voting right of every shareholder in the General Meeting is limited to 5% of the share capital.