Share information
B&S Group S.A. (“B&S”) has been publicly listed on Euronext Amsterdam since 23 March 2018, where its shares are trading under the symbol BSGR. Information about the B&S share and shareholder structure can be found below.
Share capital
The shares of B&S have a nominal value of € 0.06 each. The total issued and outstanding share capital of B&S consists of 84,177,321 Shares, implying an equity value for B&S of €5.1 million.
Table of substantial holdings
In accordance with the Financial Supervision Act, investors are required to notify the Netherlands Authority for the Financial Markets (AFM) if their shareholding or voting rights reach, exceed or fall below certain thresholds. Such disclosures can be found at www.afm.nl. The Luxembourg Transparency Law and Luxembourg Transparency Regulation provides for the same but holds different thresholds. Disclosures can be found at www.cssf.lu. In this case, investors are required to notify both the Company and CSSF.
(Extraordinary) General Meeting of Shareholders
General Meetings of Shareholders will be convened in accordance with the provisions of the Luxembourg law of 24 May 2011 on the exercise of certain rights of shareholders in general meetings of listed companies and the Articles of Association.
Luxembourg law distinguishes between ordinary General Meetings and Extraordinary General Meetings of Shareholders. The General Meeting of Shareholders of B&S will be held at least once a year. Notice of general meetings shall be given no later than 30 days before the day of the meeting through publication of a notice on the website of B&S.
Dividend policy
Barring exceptional circumstances, B&S aims to distribute a dividend of around 40% of annual results attributable to the owners of the Company, if and when leverage ratio is <3.0. If leverage ratio is >3.0 pay-out ratios will be below 40%
The current dividend policy is to pay out annually, in the second half of the following year, following shareholder approval of the full-year financial statements.
Investor relations policy
B&S provides shareholders and other parties in the financial markets with information on matters that may influence the Company’s share price equally and simultaneously. Evidently, B&S publishes an annual report, trading updates and press releases to inform all relevant parties. B&S communicates with its investors and analysts to provide the investment community with a well-balanced and complete picture of the performance, opportunities and challenges the company faces, while taking into account equal treatment of shareholders and insider trading.
Contact with the capital markets are dealt with by the members of the Executive Board and Manager Investor Relations.
Share transaction by management
The chart below is an overview of transactions by persons discharging managerial responsibilities (PDMR), which are members of the Executive Board and Supervisory Board as defined in the insider dealing regulations.