Porsche 2011 Annual Report Download - page 54

par-value share representing a notional share of one
euro in the share capital. Since then, Porsche SE’s
subscribed capital has comprised 153,125,000
ordinary shares and 153,125,000 preference shares.
Until the end of the 2008/09 fiscal year, the ordinary
shares had been held indirectly exclusively by mem-
bers of the Porsche and Piëch families. Since August
2009, Qatar Holding LLC has indirectly held ten per-
cent of the ordinary shares of Porsche SE.
In the reporting period, more than half of the
preference shares were held by institutional investors
such as equity funds, banks and insurance firms.
Most of these are based in the US, Canada, the UK
and Germany, and to a lesser extent in other Euro-
pean countries and Asia. Less than half of the Por-
sche preference shares are in free float and are held
by private investors mainly from Germany. The hold-
ers of ordinary shares of Porsche SE also own Por-
sche preference shares.
Indices
Porsche is represented on important interna-
tional indices such as “Morgan Stanley Capital Interna-
tional” index (MSCI), the “Dow Jones STOXX 600” and
the British “FTSE4Good” index on which stock corpo-
rations are listed whose corporate policy is guided by
ecological, ethical and social considerations.
GROUP MANAGEMENT REPORT54