Ownership

Ownership

The Group and NASDAQ OMX Copenhagen

North Media A/S was the first Danish media Group to be
listed on the then Copenhagen Stock Exchange. This took
place in May 1996.

Share capital

The Company’s share capital is DKK 100,275,000 distributed on 20,055,000 shares of DKK 5.00 nominal.

Authorisation

The Board of Directors is authorised to increase the share capital once or several times by up to DKK 25 million.

Increases may take place by way of cash contributions or otherwise. Increases may take place without any preemptive right for the Company’s existing shareholders if the increase is effected at market price, or as consideration for the Company’s acquisition of an existing business, or specified assets at a price equivalent to the value of the shares issued. Other than in the cases described in the previous sentence, the shareholders have a pre-emptive right to subscribe for new shares on a proportionate basis.
The authorisation is given for a period up to 31 March 2020.

Treasury shares

TThe Board of Directors is authorised to allow North Media A/S to acquire treasury shares up to an aggregate amount of 15% of the share capital in accordance with applicable law provided that the acquisition is made at the market price in force at the time of purchase with a variance of plus or minus 5%. The authorisation has been granted for a five-year period ending on 26 March 2020.

The Company’s holding of treasury shares at 31 December 2017 was 1,205,000 shares (2016: 1,485,000 shares), or 6.01% of the share capital.

Shareholders

The register of shareholders holding at least 5% of the share capital, which the Company keeps in accordance with the Danish Companies Act, includes the following shareholders:

Olav W. Hansen A/S
Holmboes Alle 1
8700 Horsens
including related parties owning 2,011,832 shares, equivalent to an equity interest of 10.03 %.

Baunegård ApS
Fredensborg Kongevej 49
2980 Kokkedal

The principal shareholder is Richard Bunck, founder of the Company, who through a wholly-owned and controlled holding company, Baunegård ApS, holds 55.75% of the share capital.

Baunegård ApS prepares consolidated financial statements including North Media A/S.

The Board of Directors' and the Executive Board's share holding at 31 December 2017:
Board of Directors shares
Richard Bunck
(incl. Baunegård ApS)
11,179,832
Peter Rasztar 0
Steen Gede 1,170
Ulrik Holsted-Sandgreen 0
Total 11,181,002
Executive Board shares
Kåre Stausø Wigh 80,000
Mads Dahl Andersen 171,418
Gorm Wesing Flyvholm 6000
Henrik Løvig Jensen 0
Søren Jacob Frederik Holmblad 3,486
Total 263,904

Management

At year-end 2017, the Company’s Board of Directors and Executive Board, excluding Richard Bunck, controlled 265,074 shares, or 1.32% of the share capital.

Share price

At 31 December 2017, the market capitalisation of the Company’s shares was DKK 705.9 million.

Contact with investors

North Media A/S has an open and uniform dialogue with investors and analysts so as to provide the stock market with optimum and adequate information about the Company.

Meetings with shareholders, investors, financial analysts and other stakeholders are held at regular intervals.

Contakt North Media regarding Investor Relations