Shareholder structure

As at 31 December 2015, Zavarovalnica Triglav had 28,032 shareholders, i.e. 494 fewer compared to the 2014 year-end. 

With 98.3%, the shareholder structure of Zavarovalnica Triglav was dominated by domestic shareholders, whose number fell by 0.03 percentage point, whereas the number of international shareholders remained unchanged. Thus, the upward trend in the number of international shareholders characteristic of previous years came to a halt. Their share even decreased by 0.5 percentage point, accounting for 17.1% as at the 2015 year-end. 

The shareholder structure of Zavarovalnica Triglav was dominated by natural persons. As at the 2015 year-end, natural persons accounted for 27,405 shareholders or almost 98% of all shareholders, holding 9.6% of all shares of Zavarovalnica Triglav, which was 0.7 percentage point more than the year before. 

Shareholder structure of Zavarovalnica Triglav as at 31 December 2015

 

Total

Domestic

Foreign

Legal entities

Natural persons

Number of shares

22,735,148

18,852,281

3,882,867

20,549,250

2,185,898

Number of shareholders

28,032

27,548

484

627

27,405

Number of shares - percentage

100.00%

82.92%

17.08%

90.39%

9.61%

Number of shareholders - percentage

100.00%

98.27%

1.73%

2.24%

97.76%

In the reporting period, ownership concentration measured by equity stakes of the top ten shareholders declined by 1.3 percentage points and accounted for 75.6% of total shares.

The top two shareholders maintained their stakes. ZPIZ held 34.47% of all shares, whereas SDH d.d. (the legal successor of Slovenska odškodninska družba d.d.) owned 28.09% of total shares. Hypo Alpe-Adria Bank d.d., Zagreb (custody account), the third top shareholder, increased its stake by 0.3 percentage point. Balkan Fund, Luxembourg, Clearstream Banking SA, Luxembourg and Kuwait Investment Authority made their way among the top ten shareholders. Among the top ten shareholders, Hrvatska poštanska banka d.d., Zagreb, Alpen.SI, mixed flexible subfund, Ljubljana and Eastern European Fund Luxembourg decreased their stakes.

Top ten shareholders of Zavarovalnica Triglav as at 31 December 2015

Top ten shareholders of Zavarovalnica Triglav as at 31 December 2015 and 31 December 2014

Shareholder

Number of shares

Ownership (in %)

 

2015

2014

2015

2014

Zavod za pokojninsko in invalidsko zavarovanje Slovenije, Ljubljana

7,836,628

7,836,628

34.47

34.47

SDH d.d., Ljubljana

6,386,644

6,386,644

28.09

28.09

Hypo Alpe-Adria Bank d.d., Zagreb, Croatia

1,435,521

1,373,658

6.31

6.04

Balkan Fund, Luxembourg, Luxembourg

326,278

0

1.44

0.00

Hrvatska poštanska banka d.d., Zagreb, Croatia

322,557

347,477

1.42

1.53

Clearstream Banking SA, Luxembourg, Luxembourg

273,152

3,408

1.20

0.01

Pozavarovalnica Sava Re d.d., Ljubljana

166,678

166,678

0.73

0.73

Kuwait Investment Authority, Safat, Kuwait

154,771

0

0.68

0.00

Alpen.SI, mixed flexible subfund, Ljubljana

144,532

152,477

0.64

0.67

Eastern European Fund, Luxembourg, Luxembourg

140,187

333,034

0.62

1.46

Due to the changes in the composition of the Supervisory Board members, the total number of shares held by the Management and Supervisory Board members went down by 1,204 compared to the 2014 year-end.

The number of shares owned by members of the Management and Supervisory Boards as at 31 December 2015

Name and surname
Post

No. of shares

Equity stake

Management Board
 

80

0.00%

Andrej Slapar
Chairman

-

-

Benjamin Jošar
Member

-

-

Uroš Ivanc
Member

80

0.00%

Tadej Čoroli
Member

 

 

Marica Makoter
Member, Employee representative

-

-

Supervisory Board
 

400

0.00%

Shareholder representatives
 

-

-

Matej Runjak
Chairman

-

 -

Gregor Kastelic
Deputy Chairman

-

 -

Rajko Stanković
Member

-

 -

Mario Gobbo
Member

-

 -

Dubravko Štimac
Member

-

 -

Matija Blažič
Member

-

 -

Employee representatives
 

400

0.00%

Boštjan Molan
Member

-

-

Peter Celar
Member

400

0.00%

Ivan Sotošek
Member

-

 -

Management and Supervisory Board combined
 

480

0.00%