Shareholder Structure
The share structure of Hannover Re consists effective 1 July 2003 of 120,597,134 no-par-value registered shares which are listed under the security identification number 840 221, ISIN DE000 840 221 5. This represents a share capital of EUR 120.6 million.
The majority shareholder of Hannover Re is Talanx AG, a wholly owned subsidiary of HDI V.a.G. On 18 February 2004 Talanx AG successfully placed on the market 20.6% of their stake in Hannover Re with institutional investors. Therefore Talanx AG holds 50.2% of the share capital of Hannover Re. The remaining 49.8% is widely spread.
Overall the shareholder structure of Hannover Re as of 31 December 2006 consisted of 30,692 shareholders. An analysis of only the free float i.e. the shareholder structure excluding the majority shareholder Talanx AG - reveals that 86.3% of this free float is held by legal persons (i.e. corporate entities); 13.7% is therefore held by natural persons (individuals). The regional breakdown of the free float reveals broad diversification; the most significant concentrations are in Germany, the USA and Great Britain.
A geographical breakdown as well as the split of our share capital into institutional and private shareholders is shown in the graphs on the right hand side.
|
