NEOPOST - 2018 Registration document

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Management report

Ownership structure

Ownership structure

Neopost group is not controlled either directly or indirectly. There is no agreement which might lead to a change of control.

At 31 January 2019, Neopost S.A.’s share ownership is as follows:

Number of shares

Number of voting rights

%

%

Management and employees

529,801

1.533%

529,801

1.540%

Directors (non-executive)

152,049

0,440%

152,049

0.442%

Treasury shares held under liquidity contract

152,142

0.440%

-

-

Treasury shares held for stock option and free share allocations

8,349

0.024%

-

-

Marathon Asset Management, LLP (a)

1,797,200

5.200% 1,797,200

5.224%

Teleios Capital Partners GmbH (a)

1,644,900

4.759% 1,644,900

4.781%

Dimensional Fund Advisors, L.P. (U.S.) (a)

1,543,400

4.465% 1,543,400

4.486%

Wellington Management Group, LLP (a)

1,347,400

3.898% 1,347,400

3.917%

Braun von Wyss & Müller AG (a)

1,280,000

3.703% 1,280,000

3.721%

Norges Bank Investment Management (Norway) (a)

1,205,600

3.488% 1,205,600

3.504%

Other shareholders

24,902,501 72.050% 24,902,501 72.385%

TOTAL

34,562,912 100.000% 34,402,421 100.000%

Source: IPREO at 31 January 2019. (a)

To the Group’s knowledge, no other shareholder owns more than 3% of the capital or voting rights.

At 31 January 2018, Neopost S.A.’s share ownership is as follows:

Number of shares

Number of voting rights

%

%

Management and employees

672,581

1,946%

672,581

1.955%

Directors (non-executive)

4,353

0.013%

4,353

0,013%

Treasury shares held under liquidity contract

153,027

0.443%

-

Treasury shares held for stock option and free share allocations

10,761

0.031%

-

Marathon Asset Management LLP (a)

2,015,432

5.831% 2,015,432

5.859%

LSV Asset Management (a)

1,396,200

4.040% 1,396,200

4.059%

Braun von Wyss & Müller AG (a)

1,285,699

3.720% 1,285,699

3.738%

Dimensional Fund Advisors, LP (a)

1,282,564

3.711% 1,282,564

3.728%

Schroder Investment Management Ltd. (SIM) (a)

1,187,441

3.436% 1,187,441

3.452%

Norges Bank Investment Management (NBIM) (a)

1,144,008

3.310% 1,144,008

3.326%

Other shareholders

25,410,846

73.351% 25,410,846

73.871%

TOTAL

34,562,912 100.000% 34,399,124 100.000%

Source: Nasdaq at 31 January 2018. (a)

To the Group’s knowledge, no other shareholder owns more than 3% of the capital or voting rights.

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REGISTRATION DOCUMENT 2018 / NEOPOST