Tiscali 2003 Annual Report Download - page 18

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19
The chart below shows Tiscali’s shareholder base at 31 December 2003. There is no shareholders’ agreement currently in existence.
In March 2004, investment fund Fidelity Investments informed Consob that it had obtained a stake of around 2% in Tiscali.
Tiscali shares rose by 31% in 2003, and reached a high of EUR 7.20 on 1 December 2003.
An average of around 4.7 million Tiscali shares were traded daily over the year, broadly in line with the figure for the previous year
(4.5 million). The average daily value of trades was EUR 22.7 million. The monthly value of trades was EUR 2.4 billion in
December, up 64% on the September figure. The value of trades for the year was EUR 6.5 billion, making Tiscali the most liquid
stock on the Italian Nuovo Mercato and one of the most frequently traded Internet stocks in Europe.
Renato Soru
29,0%
Sandoz
Foundation
16,4%
Kingfisher
3,3%
Europ@web
3,3%
Market
48,0%
Fonte: Tiscali
0
1
2
3
4
5
6
7
8
0
10
20
30
40
50
60
70
Price Volume
January
February
March
April
May
June
July
August
December
October
November
mln
Source: Bloomberg
Shareholding structure