Institutionals and private Investors
At mid-year 2019, approximately 320,000 shareholders were incorporated in Uniper's share register.
Since mid-2018, the Finnish energy supplier Fortum Oyj - via its indirect holding company Fortum Deutschland SE, Düsseldorf - has been Uniper's major shareholder.
Institutional investors from Europe and North America made up the majority of the remaining shareholders. Almost 7 % of Uniper shares were held by private investors, most of whom are domiciled in Germany.
Current information on the shareholder structure in the context of reported changes in shares pursuant to Sections 33 et seq. of the Wertpapierhandelsgesetz (WpHG - German Securities Trading Act) is published on the Investor Relations under the topic: Voting Rights Notifications.
Shareholder structure: Investors
Shareholder structure: Investors by country/region
1 Directly held shares (49.99%)
2 23.41%, held directly and via instruments by Elliot (17.84%) and Knight Vinke (5.57%).
According to Fortum's publication of 08 October 2019, an agreement was reached to acquire more than 20.5% of the shares, subject to regulatory approvals.
Sources: voting rights notifications, shareholders identification (share register, Ipreo)
As of 10 October 2019
Major shareholders of Uniper SE
Fortum agreed in October 2019 to acquire majority stake in Uniper
On 8 October 2019, the Republic of Finland, majority owner of the energy company Fortum Oyj, informed that a threshold had been exceeded. In addition, the company has secured 23.41% of its voting rights by means of instruments according to the voting rights notification. The number of Uniper shares held directly remained unchanged at 49.99%. Fortum had previously informed the public that it had entered into agreements with Elliott and Knight Vinke to acquire more than 20.5% of Uniper. The closing of this transaction is subject to regulatory approvals in Russia and the USA. Fortum expects the transaction to be completed by the end of the first quarter of 2020.
Fortum increased share of voting rights to 49.99% at the end of 2018
According to Fortum Oyj’s public announcement of February 1, 2019, the share of voting rights in Uniper SE attributable to Fortum Oyj amounted to 49.99% as of December 31, 2018. Other major shareholders at the end of 2018: According to a voting rights notification, dated January 7, 2019, Paul E. Singer (Elliot Management) and companies controlled by him held 17.84% of the voting rights in Uniper SE on December 31, 2018 (3.84% of which were directly held). According to shareholder identification, Asset Manager Knight Vinke was another major shareholder of Uniper at the end of 2018 with a stake of more than 5%.
Fortum new Uniper major shareholder since June 2018
E.ON SE ceased to be a major shareholder in 2018. On January 8, 2018, E.ON SE exercised its right to tender its 46.65% stake in Uniper SE as part of Fortum Deutschland SE’s takeover offer dated November 7, 2017. After the further acceptance period expired, Fortum Deutschland SE announced on February 7, 2018, that the offer had been accepted by Uniper shareholders holding a total of 172,439,375 shares. This corresponded to around 47.12% of the share capital and voting rights of Uniper SE.
On June 26, 2018, Fortum Deutschland SE announced that the takeover offer of Fortum Deutschland SE to the shareholders of Uniper SE had been completed. The takeover was subject to approval in various jurisdictions. According to the information published by Fortum Oyj, Fortum is entitled to hold additional Uniper shares up to a total of 49,99%, subject to the approval of the Russian regulatory authorities. Also on June 26, 2018, the Republic of Finland notified Uniper that its share of the voting rights in Uniper SE held directly by Fortum Deutschland SE amounted to 47.37% at that time. Fortum Deutschland SE is an indirect 100% subsidiary of Fortum Oyj, Espoo, Finland.
|Number of Shares
As of September 2019
* Based on the definition of free float in Deutsche Börse's MDAX share index.