SABAF - ANNUAL REPORT 2014
SOCIAL AND ENVIRONMENTAL SUSTAINABILITY
73
SABAF and its shareholders SHAREHOLDER BASE As at 31 December 2014, 2,296 shareholders were listed in the shareholders’ register. Of these: • 1,742 owned fewer than 1,000 shares • 476 owned from 1,001 to 5,000 shares • 33 owned from 5,001 to 10,000 shares • 45 owned over 10,000 shares. Shareholders residing outside Italy hold 25% of the share capital. Institutional investors are very strongly present in share capital, and are estimated to account for approximately 90% of the free float.
(15.01%) DELTA LLOYD AM (3.90%) PENDOLI ANNA (50.72%) SALERI GIUSEPPE
(3.27%) FMR
(24.1%) OTHER
RELATIONS WITH INVESTORS AND FINANCIAL ANALYSTS Right from the time when it went public (1998) the Company has considered financial communication to be of strategic importance. Sabaf’s financial communication policy is based on the principles of integrity, transparency and continuity, in the belief that this approach enables investors to assess the Company properly. In this regard, Sabaf is 100% willing to engage in dialogue with financial analysts and institutional investors.
The only broker that currently carries out studies and produces research documents on Sabaf on an ongoing basis is Equita SIM. In 2014 the Company met with institutional investors at roadshows organised in Milan, Venice, Bologna, London, Frankfurt and Stockholm.