Logitech 2007 Annual Report Download - page 25

registered office located in Apples, Switzerland. The Company’s shares are listed on the SWX Swiss Exchange
(Ticker: LOGN; security number: 257513) and on the Nasdaq Global Select Market (Ticker: LOGI, CUSIP
H50430232). The International Securities Identification Number (ISIN) of our shares is CH0025751329. As of
March 31, 2007, our market capitalization, based on outstanding shares of 182,242,981, net of treasury shares,
amounted to $5.0 billion (CHF 6.2 billion). Refer to section 1.2 below for information on Logitech International
S.A.’s holdings in its shares as of March 31, 2007.
Logitech International S.A. directly or indirectly owns 100% of all the companies in the Logitech Group,
through which it carries on its business and operations. Principal operating subsidiaries include: Logitech Inc.,
Logitech Europe S.A., Logitech Asia Pacific Ltd. and Logitech Technology (Suzhou) Co., Ltd. For a list of
Logitech subsidiaries, refer to the table on page CG-29. None of Logitech International S.A.’s subsidiaries has
securities listed on a stock exchange as of March 31, 2007.
1.2 Significant Shareholders
To the knowledge of the Company, the beneficial owners holding more than 5% of the voting rights of the
Company as of March 31, 2007 were as follows:
Name
Number of
Shares(2)
% of Voting
Rights(3) Relevant Date
Daniel Borel(1) ................................ 11,000,000 5.7% March 31, 2007
(1) Mr. Borel has not entered into any written shareholders’ agreements.
(2) In compliance with Article 20 of the Swiss Federal Act on Stock Exchanges and Securities Trading of
March 24, 1995 (“SESTA”) and Article 13 of the Ordinance of the Swiss Federal Banking Commission on
Stock Exchanges and Securities Trading of June 25, 1997 (“SESTO-FBC”), conversion and acquisition
rights are not taken into consideration for the calculation of the relevant shareholdings, unless such rights
entitle their holders to acquire, upon exercise, at least 5% of the Company’s voting rights.
(3) In compliance with Article 10 paragraph 2 of SESTO-FBC, shareholdings are calculated based on the
aggregate number of voting rights entered into the Swiss commercial register. This aggregate number was
191,606,620 voting rights as of March 31, 2007.
SESTA requires shareholders who own voting rights exceeding certain percentage thresholds of a company
incorporated in Switzerland whose shares are listed on a stock exchange in Switzerland to notify the company
and the relevant Swiss exchange of such holdings. Following receipt of this notification, the company is required
to inform the public in Switzerland. The Company announced in the Swiss Official Gazette of Commerce dated
March 28, 2007 that the prior joint holdings of Mr. Borel in the Company were now held by him individually.
During fiscal year 2007, the Company was not otherwise required to make any such announcements. On May 4,
2007 the Company announced in the Swiss Official Gazette of Commerce that its ownership of its own shares
had exceeded the 5% threshold.
1.3 Cross-shareholdings
Logitech has no shareholdings in companies that to its knowledge have shareholdings in Logitech.
2. Capital Structure
2.1 Share Capital
As of March 31, 2007, Logitech International S.A.’s nominal share capital was CHF 47,901,655
($39.3 million), consisting of 191,606,620 shares with a par value of CHF 0.25 each. In June 2006, the
Company’s shareholders approved a two-for-one split of Logitech’s shares, which took effect on July 14, 2006.
All references to share and per-share data have been adjusted to give effect to this stock split.
CG-3
20-F
LISA