Share and shareholders
The Gimv share has been listed on NYSE Euronext Brussels since 26 June 1997. It is also a component of various Euronext indexes (Next 150, Bel Mid, Bel Financials and Belgian All Shares) and of specialised private equity indexes (including DJ Stoxx Private Equity 20, Private Equity NXT, LPX 50 and LPX Europe).
Share price in 2010-2011
After rising sharply in 2009, stock markets came under pressure in April 2010 following doubts as to the creditworthiness of certain countries of the European Union. Most stock market indexes fell, and the price of the Gimv share with them. The market reached its low point in May 2010. On 25 May 2010, the Gimv share bottomed at EUR 35.21. After that calm returned to markets, which climbed out of the trough, as did the Gimv share price, hitting its highest point of EUR 43.81 intraday on the last trading day of the financial year.
Over the complete financial year, the Gimv share price rose by 6.4 percent. The average price was EUR 39.10. Taken together with the substantial dividend paid to shareholders, this gives a total return in the Gimv share of 12.4 percent. Average daily trading volume during the past financial year fell to 20 045 shares, compared with 29 079 in FY 2009-2010.
A gross dividend of EUR 2.45 per share (EUR 1.84 net) will be proposed to the general shareholders meeting in June. This is 2.1 percent more than for FY 2009-2010. In this way Gimv confirms the existing dividend policy, of having the annual dividend to grow in line with inflation.
Gimv is unable to guarantee that it will continue this policy in the future. As an investment company, Gimv’s results depend on the realised gains on the sales of shareholdings and on the evolution of the value of the portfolio.
The capital of Gimv amounts to EUR 220 million and is represented by 23 176 005 fully paid-up shares without nominal value. All shares are listed on NYSE Euronext Brussels. They have the same rights and fractional value, and are fully paid up.
The largest shareholder in Gimv is the Vlaamse Participatiemaatschappij (VPM). On 1 April 2011 it controlled 27.06 percent of the capital or 6 270 403 shares. All other shares are distributed among the public. No other party has 3 percent or more of the total outstanding shares.
Shareholder and investor relations
The ownership of Gimv shares has become much more diversified and international over the past few years. At the start of 2011 most shareholders were located in Belgium, France, the United Kingdom, Switzerland, the Netherlands and Luxembourg.
Accurate and timely information is important for Gimv. In order to make this information available to both individual and institutional investors, it uses different communication channels: website, annual report and press releases.
See financial calendar.
- Share code: GIMB
- ISIN code: BE0003699130
- Reuters code: GIMV.BR
- Bloomberg code: GIMB BB
- Liquidity providers: Bank Degroof & KBC Securities
Financial servicing: KBC Bank