Shareholder

Shareholder

Ownership

GN has around 25,000 registered shareholders who own approximately 92% of the share capital in aggregate (2016). Foreign investors hold around 65% of the share capital (2016).

In accordance with section 28a of the Danish Companies Act, GN has received information that the following shareholders hold 5% or more of the company's share capital:

  • APG Asset Managament N.V.
  • Marathon Asset Management LLP
  • T. Rowe Price Associates Inc.

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Dividend and share buyback

GN’s overall financial target is to deliver a competitive shareholder return through a combination of dividend payments and share price appreciation. GN aims to pay out a dividend corresponding to 15-25% of the annual net results and will initiate share buyback programs when deemed appropriate contingent of granted authorization by the shareholders.

Dividend payments and share buybacks are subject to, among other things, cash requirements to support the ongoing operations, strategic opportunities and the capital structure. It is GN’s long-term target to maintain a capital structure consisting of a combination of debt and equity subject to a net interest-bearing debt of up to a maximum of two times EBITDA.

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Shareholder communication

To make GN's communication with investors as efficient as possible all information to our shareholders is sent out electronically, including notices for general meetings. GN has a four-week silent period prior to publication of a financial report. During this period, communication with analysts, media and investors is restricted.

To receive information electronically please register your shares by name as well as register your email via the shareholder portal.

As a registered shareholder you can log on to GN’s shareholder portal to:

  • register your email
  • view your holdings of registered GN shares
  • sign up for the general meeting and/or
  • vote in advance of general meetings

GN’s shareholder portal is managed by:

Computershare A/S
Kongevejen 418
DK-2840 Holte

+45 45 46 09 99
info@computershare.dk

How do I get shares registered by name?
If you wish to register your GN shares by name, please contact your custodian bank and request a registration of the shares in your name.

What do I do as an international shareholder?
International shareholders are often registered jointly in a nominee custodial account held in the name of an international custodian banker.

However, in order to exercise your voting rights easily as an international shareholder please register your name separately in GN’s register of shareholders before the general meeting is convened. To obtain a separate name registration please contact your custodian banker.

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