Tiscali 2009 Annual Report Download - page 22

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21
7.3 Tiscali shares
Tiscali shares have been listed on the Italian Stock Market (Milan: TIS) since October 1999. At 30 December
2009, market capitalisation came to roughly EUR 308.3 million, calculated on the value of EUR 0.1656 per
share as of that date.
At 31 December 2009, the number of shares representative of the Group’s share capital stood at
1,861,473,919.
For more information on the increase in share capital and reverse split of shares please refer to note 24
“Shareholders’ equity and paragraph 4.4 “Events subsequent to the end of the year” respectively.
Tiscali’s shareholder base at 31 December 2009 is illustrated below:
Fig. 1 Tiscali Shares
Share Capital Structure at 31 December 2009
SHARE CAPITAL STRUCTURE
No. Shares Incidence with respect to share capital
Ordinary shares 1,861,473,919 100%
O T H E R F I N A N C I A L I N S T R U M E N T S
N° Warrant Listing market
Tiscali 2009-2014 warrants *** 1,799,819,371 Regulated Italian Market
*Directly for roughly 15% and, indirectly through subsidiaries Monteverdi Srl (1.8%),Cuccureddus Srl (0.9%) and Andalas Ltd (0.1%)
** It should be noted that on 21 January 2010 Fidelity International fell below the 2% threshold.
Source: Tiscali Share Capital Structure at 31 December 2009
*** The Warrants – combined free of charge with newly issued shares relating to the increase in share capital launched last October and
concluded successfully on 11 November 2009 – offer the right to subscribe ordinary company shares at the ratio of 1 conversion share for every
20 warrants exercised at the price of EUR 0.80 per each new share.
Report on operations
Free float
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