Institutionals and private Investors
A survey conducted at the end of 2017 shows significant shifts in Uniper’s shareholder structure. This is mainly due to the voluntary public takeover offer by the Finnish energy group Fortum and the inclusion of Uniper in various MSCI indices at the beginning of December 2017. Institutional investors account for more than 90% of the largest group of investors. Nearly 9% of Uniper's shares are held by private investors, most of which are resident in Germany.
So far, the largest Uniper shareholder was E.ON SE with a stake of 46.65%. On January 08, 2018, E.ON decided to accept the takeover offer from Fortum which was released on November 7, 2017 for its entire block of shares in Uniper SE. In November and December 2017, Uniper received voting rights notifications from a few institutional investors whose holdings reached or exceeded reporting thresholds of 3% and 5%, respectively.
Uniper's free float at the end of 2017 was 53.35%. Fortum's acceptance rate from the public takeover offer was 0.16% at year-end.
The geographic distribution of free float has shifted significantly towards institutional investors from North America by buying larger blocks of shares. Germany comes second. This is the responsibility of institutional domestic investors with almost two-fifths. The remainder is attributable to private investors.
For further information, two charts show a breakdown of all shareholder groups and a breakdown of shareholders in geographical distribution.
Shareholder structure: Investors
Shareholder structure: Investors by country/region (excl. E.ON Beteiligungen)
Sources: Ipreo, Share Register, Voting Rights Notifications
As of 29 December 2017
Shareholder structure Uniper SE
On September 16, 2017 E.ON released an ad-hoc notice that it has reached agreement with Fortum Corporation according to which E.ON has the right to tender its remaining Uniper stake in the course of a public takeover offer by Fortum in early 2018.
On September 26, 2017, Fortum announced its intention to make a voluntary public takeover offer. The offer was intended for all Uniper shareholders and provides for a cash payment with a total value of € 22 per share. A minimum acceptance threshold was not included in the offer.
On November 07,2017, the offer document for the voluntary public takeover offer (cash offer) of Fortum Deutschland SE was published to the shareholders of Uniper SE for the purchase of their registered no-par-value shares.
On January 08, 2018, E.ON decided to accept Fortum's takeover offer released on November 7, 2017 for the shares of Uniper SE. Following the completion of the offer, E.ON will sell its entire stake in Uniper to Fortum for a total value of EUR 22 per share.
On January 19, 2018, as part of its mandatory disclosure requirements, Fortum announced that the offer for a total of 171,736,647 Uniper shares has been accepted until the expiry of the acceptance period on January 16, 2018 by 24:00 pm. This corresponds to a share of approx. 46.93% of the share capital and voting rights of Uniper SE.
On February 7, 2018, as part of its mandatory disclosure requirements, Fortum announced that the offer for a total of 702,782 Uniper shares has been accepted until the expiry of the additional acceptance period on February 2, 2018 by 24:00 pm. In total, until the end of the additional acceptance period the offer has been accepted for in total 172,439,375 Uniper-Shares. This corresponds to approximately 47.12% of the share capital and the voting rights of Uniper SE.
|Number of Shares|
|Free Floating Uniper Shares||195,239,660|
Stand: 29. Dezember 2017