Shares and shareholders
Lemminkäinen has one series of shares (LEM1S). Each share carries one vote at the general meeting of shareholders and confers an equal right to a dividend.
Share capital and amount of shares
Lemminkäinen’s share capital remained unchanged, and amounted to EUR 34,042,500 at the end of 2015. The number of Lemminkäinen's shares was 23,219,900 shares.
Share price and trading volume
The price of Lemminkäinen Corporation’s share on Nasdaq Helsinki Ltd. was EUR 9.52 (15.20) at the beginning of the year and EUR 13.79 (9.52) on the last trading day in 2015. The highest share price quoted was EUR 13.91 in November and the lowest EUR 9.87 in January. At the end of 2015, the market capitalisation of Lemminkäinen’s shares stood at EUR 320.0 million (220.9).
In addition to the Nasdaq Helsinki Ltd., Lemminkäinen’s share is also traded on alternative markets. The total trading volume in 2015 totalled 2,759,034 (1,268,320). Of this amount, 5 per cent (14) of trading took place in alternative markets (source: Fidessa Fragmentation Index, http://fragmentation.fidessa.com).
At the end of the financial year, the company had 4,391 shareholders (4,532). Holders of nominee-registered shares and non-Finnish shareholders held 12,5 per cent (13) of all Lemminkäinen Corporation shares and voting rights.
Lemminkäinen received two flagging notifications in 2015. As a result of an estate distribution, the number of shares and votes held by Olavi Pentti's estate in Lemminkäinen Corporation decreased from 1,496,635, i.e. around 6.45 per cent, to zero. At the same time, the number of shares held by Lauri Pentti, as a result of an estate distribution increased to 1,161,635 shares, which corresponds to over 5 per cent of all shares and votes in Lemminkäinen Corporation.
At the end of 2015, Lemminkäinen owned 16,687 of its own shares, which have been returned to the company as part of its share-based incentive scheme.
Lemminkäinen's share (LEM1S)
|Listing:||Nasdaq Helsinki Ltd.|
|Listing date:||1 June 1995|
|Bloomberg ID:||LEM1S FH|
Management and Board of Director’s shareholdings
|No. of share on 31 December 2015||No. of shares on 31 December 2014|
|Board of Directors 1)||7,421,428||2,984,478|
|President and CEO||5,779||500|
|Group management, excluding the President and CEO||15,675||13,458|
|Management and Board of Directors shareholdings, total||7,442,882||2,998,436|
|% of all shares||32%||13%|
1) Includes personal holdings and holdings of interest parties.
Major shareholders on 31 December 2015
|Number of shares||% of share capital|
|1. Pnt Group Oy||4,341,948||18.7|
|2. Forstén Noora Eva Johanna||2,297,441||9.9|
|3. Pentti Heikki Oskari Estate||2,253,698||9.7|
|4. Olavi Pentti Estate||1,161,635||5.0|
|5. Varma Mutual Pension Insurance Company||1,091,677||4.7|
|6. Vimpu Intressenter Ab||792,500||3.4|
|7. Pentti Timo Kaarle Kristian||766,580||3.3|
|8. Pentti-Von Walzel Anna Eva Kristina||760,580||3.3|
|9. Pentti-Kortman Eva Katarina||751,234||3.2|
|10. Mandatum Life Unit-Linked||520,581||2.2|
|11. Wipunen varainhallinta Oy||465,000||2.0|
|12. Mariatorp Oy||455,000||2.0|
|13. Etera Mutual Pension Insurance Company||452,112||2.0|
|14. Fennia Life Insurance Company Ltd||385,099||1.7|
|15. Ilmarinen Mutual Pension Insurance Company||319,527||1.4|
|Top 15 Total||16,814,612||72.4|
|Nominee registered shares||2,795,603||12.0|
Ownership distribution by number of shares on 31 December 2015
|Number of shares||Number of shareholders||% of shareholders||Number of shares||% of shares|
|Of which nominee registered||9||0.2||2,795,603||12.0|
Shareholders by sector on 31 December 2015
|Number of shareholders||% of owners||Number of shares||% of shares|
|Finnish private investors||4,024||91.7||10,292,397||44.3|
|Public sector institutions||6||0.1||1,923,878||8.3|
|Financial and insurance institutions||17||0.4||1,669,526||7.2|
|Foreign and nominee registered owners||24||0.5||2,899,671||12.5|
Earnings per share, dividend per share
|Earnings per share, EUR||1.68||1.94||-4.81||0.40||-0.15|
|Dividend per share, EUR||0.50||0.60||0.00||0.00||0.12|
|The profit for the financial year distributed to shareholders as dividends, %||28.3||26.9||0||0||38.5|
*Board of Directors’ proposal to the AGM
Equity per share, EUR
|Equity per share||16.87||21.45||15.70||19.33||16.28|
Market capitalisation, EUR million
Number of shareholders
|Number of shareholders||4548||4781||4705||4532||4391|
|The share of foreign and nominee registered shares||14.5||13.7||13.0||12.7||12.5|