Share Capital and Ownership
The Flügger share capital is divided into A and B shares. A shares give ten votes per share of DKK 20, while B shares give one vote per share of DKK 20.
Only the Flügger B shares are listed on NASDAQ OMX Copenhagen A/S under the ID code DK0010218189 with the short name of FLUG B. Danske Bank is market maker for the shares.
At the end of the 2022/23 financial year, 1,938 shareholders listed by name were registered in Flügger shareholder register and accounted for 97,4% of the share capital and 99.1% of the votes in total. Flügger holdings of treasury shares accounted for 0.1% of the share capital, but have been written down to DKK 0 and are voteless according to the Danish Companies Act (Selskabsloven).
Ownership per 31.07.2023 - Flügger group A/S
Total number of shares | Shares | % | Votes | % |
A shares | 590,625 | 19.7% | 5,906,250 | 71.0% |
B shares | 2,405,855 | 80.2% | 2,405,855 | 28.3% |
B shares in the company1 | 3,520 | 0,1% | 3,520 | 0.7% |
Total | 3,000,000 | 100.0% | 8,315,625 | 100.0% |
> 5 % Shareholders | Shares | % | Votes | % |
Susan Schnack | 150,069 | 5.0% | 150,069 | 1.8% |
Bettina Antitisch Mortensen2 | 845,745 | 28.2% | 845,745 | 10.2% |
Ulf and Sune Schnack3 | 1,358,919 | 45.3% | 6,674,544 | 80.2% |
Total | 2,354,733 | 78.5% | 7,670,358 | 92.2% |
1 Voting rights cannot be exercised for the company's holding of treasury shares.
2 M+ II ApS owns 845.745 stk. B-shares in Flügger group A/S. Bettina Antitisch Mortensen has a controlling influence in i M+ II ApS.
3 Ulf and Sune Schnack (father and son) together own a total of 1.358.919 Flügger shares, of which 590.625 A shares and 720.610 B shares are placed with SUS 2013 ApS (Flügger Holding).