Ownership

At the date on which these financial statements are prepared, the share capital of Terna S.p.A. amounts to €442,198,240, represented by 2,009,992,000 ordinary shares, with a par value of €0.22 each.

Based on the register of shareholders and other information available at the date of preparation of these financial statements, the ownership of Terna S.p.A. is analysed as follows:

  • Cassa Depositi e Prestiti S.p.A. (CdP)5 29.85%
  • Romano Minozzi5, 6 5.4%
  • Institutional and Retail Investors 64.8%.

SHAREHOLDING STRUCTURE BY TYPE 

SHAREHOLDING STRUCTURE BY TYPE

Based on periodic surveys carried out by the Company, it is believed that 64% of the shares of Terna S.p.A. are held by Italian investors (CdP 29.85%, Retail Investors 26.5% and Institutional Investors 7.5%), with the remaining 36% being held by Foreign Institutional Investors, primarily within Europe and America.

SHAREHOLDING STRUCTURE BY GEOGRAPHIC AREA

SHAREHOLDING STRUCTURE BY GEOGRAPHIC AREA 

Socially Responsible Investors (SRI)

At the end of 2012, 78 investors interested in ethical matters held Terna share capital, holding a total share capital of 11.8%. For comparison, there are 66 SRIs (Socially Responsible Investors) - investors who have invested in Terna as part of a sustainable investment approach based on ESG aspects (Environmental, Social, Governance) - holding a portion significantly up on the same analysis run in December 2010. Today they represent 5.2% of the floating capital and 8.4% of shares held by Institutional Investors (the figures for 2010 were 3.7% and 6.5% respectively).

 

(5) Shareholders which, based on available information and communications received from CONSOB, hold an interest in the share capital of Terna S.p.A. which is over the relevance thresholds indicated by CONSOB Resolution no. 11971/99
(6) Shares held directly and indirectly