Annual Report 2014 | Suomeksi |

Shareholders

At the end of 2014, the Finnish State owned 50.76% of the company's shares. The Finnish Parliament has authorised the Government to reduce the Finnish State's holding in Fortum Corporation to no less than 50.1% of the share capital and voting rights.

The proportion of nominee registrations and direct foreign shareholders increased to 32.3 % (2013: 26.2%).

Shareholders, 31 December 2014
Shareholders No. of shares Holding %
Prime Minister's Office 450,932,988 50.76
The Finnish Social Insurance Institution 7,030,896 0.79
Kurikan Kaupunki 6,203,500 0.70
The State Pension Fund 5,960,000 0.67
Varma Mutual Pension Insurance Company 5,224,300 0.59
Elo Mutual Pension Insurance Company 4,620,800 0.52
Ilmarinen Mutual Pension Insurance Company 4,487,880 0.51
The Local Government Pensions Institution 3,679,403 0.41
Schweizerische Nationalbank 2,618,136 0.30
Nordea Fennia Fund 2,174,227 0.25
OP‑Delta Mutual Fund 1,725,726 0.19
Society of Swedish Literature in Finland 1,452,675 0.16
Nordea Pro Finland Fund 1,433,767 0.16
Nominee registrations and direct foreign ownership* 284,749,426 32.05
Other shareholders in total 106,073,321 11.94
Total number of shares 888,367,045 100.00
*Excluding Schweizerische Nationalbank
By shareholder category % of total amount
of shares
Finnish shareholders
Corporations 1.02
Financial and insurance institutions 1.61
General government 55.35
Non‑profit organisations 1.51
Households 8.16
Non‑Finnish shareholders 32.35
Total 100.00
Breakdown of share ownership, 31 December 2014
Number of shares owned No. of shareholders % of shareholders No. of shares % of total amount of shares
1‑100 29,472 26.94 1,721,860 0.19
101‑500 44,876 41.02 11,906,551 1.34
501‑1,000 17,940 16.40 13,039,313 1.47
1,001‑10,000 16,212 14.82 41,048,458 4.62
10,001‑100,000 817 0.75 18,561,714 2.09
100,001‑1,000,000 73 0.06 21,058,847 2.37
1,000,001‑10,000,000 12 0.01 46,611,310 5.25
over 10,000,000 1 0.00 450,932,988 50.76
109,403 100.00 604,881,041 68.09
Unregistered/uncleared transactions on 31 December 73,636 0.01
Nominee registrations 283,412,368 31.90
Total 888,367,045 100.00

Management interests, 31 December 2014

At the end of 2014, the President and CEO and other members of the Fortum Executive Management Team owned 430,457 shares (2013: 346,106) representing approximately 0.05% (2013: 0.04%) of the total shares in the company.

A full description of the shareholdings and interests in long-term incentive schemes of the President and CEO and of other members of the Fortum Executive Management Team is shown in Note 12 Employee benefits.

Authorisations from the Annual General Meeting 2014

Currently the Board of Directors has no unused authorisations from the Annual General Meeting of Shareholders to issue convertible loans or bonds with warrants to issue new shares or to buy Fortum Corporation’s own shares.


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