Broad base of international shareholders
AkzoNobel, which has a 100 percent free float, has a broad base of international shareholders. An analysis of the shareholder structure carried out in August 2010 showed that at 45 percent, the US and Canada make up the largest regional group of institutional investors, followed by investors from the UK and Ireland, with 17 percent. Shareholders from the Netherlands hold 12 percent of AkzoNobel shares, while a further 11 percent are held by institutional investors from the rest of Europe.
Around 7 percent of the company’s share capital is held by private investors, most of whom are resident in the Netherlands.
Both Paulson & Co. and MFS Investment Management notified the Netherlands Authority for the Financial Markets (AFM) that they held more than 5 percent of the issued shares in Akzo Nobel N.V. by December 31, 2010.
This information was provided in line with the Netherlands Financial Markets Supervision Act (“Wet op het financieel toezicht”). The most recent information can be found on the website of the AFM under notifications substantial holdings. The Financial Markets Supervision Act imposes a duty to disclose percentage holdings in the capital and/or voting rights in the company when such holding reaches, exceeds or falls below 5, 10, 15, 20, 25, 30, 40, 50, 60, 75 and 95 percent. Such disclosure must be made to the AFM without delay, which then notifies the company.
Distribution of shares 2009 at year-end in %
Distribution of shares 2010 at year-end in %