Page 33 - Kitron Annual Report 2011

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Notes to the consolidated financial statements
The 20 largest shareholders in Kitron ASA at 31 December 2011:
Shareholder
Number
Percentage
Nordea Bank Plc Finland 1)
57 037 000
32,98%
Kongsberg Gruppen ASA
33 439 153
19,33%
ING Luxembourg SA 2)
29 172 000
16,87%
MP Pensjon
10 792 537
6,24%
AS Bemacs
2 800 000
1,62%
SES AS
2 480 000
1,43%
Verdipapirfondet NORDEA SMB
2 263 346
1,31%
Bjørn Håheim
1 039 988
0,60%
Helge Hareland
1 000 000
0,58%
AS Swedbank clients
856 548
0,50%
AB SEB Bankas
806 073
0,47%
Jørgen Teigen
761 656
0,44%
Petter Torgersen
636 000
0,37%
Kjell Løite
633 902
0,37%
Hybrid AS
629 536
0,36%
JPMBLSA
520 572
0,30%
Handel Partner AS
450 000
0,26%
Malvin Sigbjørn Skjønhaug
395 685
0,23%
Vestvik Preservering A/S
370 000
0,21%
Morten Hyvik
338 000
0,20%
Total 20 largest shareholders
146 421 996
84,66%
Total other shareholders
26 539 629
15,34%
Total outstanding shares
172 961 625
100,00%
1) Sievi Capital plc.: 32.96%. Others: 0.02% of the shares in Kitron ASA
2) Amber Trust II SCA: 13.77%. KJK Fund SICAV-SIF: 3.09% of the shares in Kitron ASA
Mandates
Increasing the share capital
The ordinary general meeting of 28 April 2011 authorised the board to execute one or more share capital in-
creases by issuing a number of shares maximized to 10 per cent of Kitron’s registered share capital at 28 April
2011. The total amount by which the share capital may be increased is NOK 17 296 162.50. The authority
applies until the ordinary general meeting in 2012, but no longer than 30 June 2012. The authority may be uti-
lised for mergers and acquisitions or to raise funds for investments. The authority had not been exercised at 31
December 2011.
Own shares
The ordinary general meeting on 28 April 2011 authorised the board to acquire own shares, for a total nominal
value of up to NOK 17 296 162.50, which is equal to 10 per cent of Kitron’s registered share capital at 28
April 2011. Under the authorisation the company shall pay minimum NOK 1.00 per share and maximum the
prevailing market price per share on the day the offer is made, provided, however, that the amount does not ex-
ceed NOK 25.00 per share. The authority is valid until the ordinary general meeting in 2012 but no longer than
30 June 2012. The authority had not been exercised at 31 December 2011.