Shareholder Structure

Shareholder Structure/Voting Rights

According to the notifications available to the company in accordance with the German Securities Trading Law (Wertpapierhandelsgesetz) and Market Abuse Regulation Article 19, more than 25% of the voting rights in the company are attributed to Mr Ludwig Merckle via Spohn Cement Beteiligungen GmbH, Schönefeld/Germany, which he controls. 

Mr Ludwig Merckle (23 September 2022)                                      
via Spohn Cement Beteiligungen GmbH, Schönefeld/Germany
Artisan Partners Asset Management Inc., Wilmington, Delaware/USA (4 October 2021) 5.02%

BlackRock, Inc., Wilmington, Delaware/USA  (19 August 2019)

The Capital Group Companies, Inc., Los Angeles/USA (20 April 2021) 3.07%

1) thereof 25.08% pursuant to section 34 of the German Securities Trading Act (Wertpapierhandelsgesetz - WpHG) and 2.59% pursuant to section 38 WpHG (instruments)
2) thereof 4.47% pursuant to section 34 of the German Securities Trading Act (Wertpapierhandelsgesetz - WpHG) and 0.46% pursuant to section 38 WpHG (instruments)
In brackets: date of the voting rights notification

A study conducted at the end of 2021 showed that the proportion of North American investors had risen in comparison with the previous year, while the proportion of investors from continental Europe (excluding Germany) had declined. The investor base has shifted slightly towards growth-focused investors.

In December 2021, investors from Germany formed the largest investor group at 32.2 %, followed by investors from North America at 31.6 %, continental Europe excluding Germany at 8.2 %, and the United Kingdom and Ireland at 7.6 %.

Geographical distribution of shareholders (as of Dec. 2021)