Capital & shares
Draka Holding has three types of shares: ordinary, preference and class B preference shares. To date, only ordinary and preference shares have been issued. The authorised capital of Draka Holding N.V. is composed as follows (all shares have a nominal value of
€ 0.50):
|
Authorised |
Issued |
| Ordinary bearer and registered shares |
58,000,000 |
35,571,009 |
| Preference shares1 |
12,000,000 |
5,046,257 |
| Class B preference shares1,2 |
70,000,000 |
- |
| |
|
|
| Authorised capital |
140,000,000 |
40,617,266 |
1Not tradable on the Amsterdam stock exchange
2No Class B shares have been issued sofar
As at 31 December 2007, the number of issued and fully paid-up shares was
40,617,266 representing an amount of € 20,308,633. The increase of 3,603 in the
number of ordinary shares compared with year-end 2006 was due to the conversion
of several convertible bonds in 2007. The decrease of 3,839,214 in the number of
preference shares compared with year-end 2006 was due to the cancellation of the
preference shares repurchased in 2006.
Assuming full conversion of the convertible bond loan in issue, the fully
diluted number of ordinary shares is made up as follows:
|
Ordinary shares |
| Ordinary shares in issue as at 31 December 2007 |
35,571,009 |
| Maximum issue of ordinary shares due to conversion of 4% subordinated convertible bond loan 2010 |
6,549,475 |
| Fully diluted ordinary shares |
42,120,484 |
