Shareholder structure

Schouw & Co. has some 7,600 registered shareholders of whom the following are listed in the company's register in accordance with section 28B of the Danish Public Companies Act:

The Copenhagen Stock Exchange has previously pointed out that, pursuant to Section 31 of the Securities Trading Act, the three shareholders Givesco A/S, Direktør Svend Hornsylds Legat and Erling Eskildsen are to be considered as a single shareholder of Schouw & Co. The three shareholders hold in aggregate 46.85% of the shares in the company.

At the end of 2011 the members of the Board of Directors and the Management Board of Schouw & Co. and their connected persons held a total of 1,184,482 and 74,064 shares, respectively, in the company.

At May 3, 2012, the company held 1,954,363 treasury shares, equal to 7.66% of the share capital. The portfolio of treasury shares is recognised at DKK 0.

Incentive programmes
Since 2003, Schouw & Co. has operated a share-based incentive programme comprising the Executive Management and senior managers, including the executive managements of subsidiaries.

Under the share-based incentive programme, Schouw & Co. awarded, in March 2012, a total of 55,000 share options to members of the Executive Management (two persons) and a total of 184,000 share options to other senior managers, including the executive managements of subsidiaries (thirteen persons).

The share options are exercisable during a 24-month period following the publication of Schouw & Co.’s full-year profit announcement for the 2013 financial year at a strike price of DKK 133.50 plus a 4% premium
per annum from the date of grant until the date of exercise.

General guidelines governing incentive schemes
Download the genreal guidelines governing incentice schemes here.