Cassa Depositi e Prestiti is the primary shareholder of Italgas with an interest of over 26%, whilst the Snam Group holds 13.5%. Institutional investors represent more than 47% of the company’s share capital.

 

Share capital

The share capital of the Company as at 30 June 2018 totalled €1.001.231.518.44 and consisted of 809,135,502 shares without par value. The Italgas stock is quoted in the FTSE MIB index of the Milan Stock Exchange. The proportion of floating capital is 60.5%.

 

 

Main shareholders as at 30 June 2017

CDP Reti S.p.A..(*) (**)

26,05%

Snam S.p.A.

13,50%

Lazard Asset Management Llc

7,57%

Romano Minozzi

4,99%

Other shareholders

47,89%

(*) On 20 October 2016, a shareholders’ agreement was concluded between Snam, CDP Reti and CDP Gas, effective from the date of the demerger, in relation to Italgas S.p.A. Effective as of 1 May 2017, CDP Gas was merged into CDP. Subsequently, on 19 May 2017, CDP sold to CDP Reti, inter alia, the equity investment held in Italgas S.p.A., equal to 0.969% of the share capital of Italgas S.p.A. 

(**) CDP Reti is owned 59.1% by CDP, 35% by State Grid Europe Limited – SGEL, a subsidiary of State Grid Corporation of China, and 5.9% by some Italian institutional investors.

Socially Responsible Investors

As at 30 June 2018, Socially Responsible Investors (SRI) represent approximately 7% of the total Italgas share capital and around 13% of the proportion held by institutional investors.

Percentuale_SRI
Ownership structure by investor type

As at 30 June 2018

Ownership structure by region

As at 30 June 2018

 

*Italy-Strategic Investors includes CDP Reti, Snam and Banca d'Italia.

** Italy-Retails includes the participation of Romano Minozzi (4.99%)

Geographic breakdown of institutional investors

As at 30 June 2018

Institutional investors by type

As at 30 June 2018

Institutional investors: ownership clusters

Shareholdings  N° of shareholders  %  N° of ordinary shares %
0-100000 93 36,5% 3033676 0,8%
100001-200000 37 14,5% 5364805 1,5%
200001-500000 38 14,9% 12285043 3,3%
500001-1000000 26 10,2% 17858325 4,8%
1000001-3000000 33 12,9% 60396153 16,4%
3000001-10000000 21 8,2% 120830046 32,8%
10000001-20000000 6 2,4% 89457897 24,2%
20000001-highest 1 0,4% 59715808 16,2%

 

ultimo aggiornamento Mon Jul 30 16:41:03 UTC 2018