2019 Universal registration document and annual financial report - BNP PARIBAS16
1 Presentation of the BnP PariBas GrouP
1
BNP Paribas and its shareholders
CORPORATE CENTRE
PRINCIPAL INVESTMENTS Principal Investments manages the Group s portfolio of unlisted and listed industrial and commercial investments with a view to supporting clients and extracting value over the medium and long term. The Private Equity Investment Management unit specialises in providing support for transmission and development projects of unlisted companies by taking minority equity stakes or through private debt financings. It also provides indirect financing support for the economy through private equity funds. The Listed Investment Management unit acquires and manages minority interests in predominantly French listed companies.
PERSONAL FINANCE S MORTGAGE BUSINESS In the context of the Group s 2014-2016 business development plan, Personal Finance s Mortgage Business, a significant portion of which is managed in run-off, was allocated to the Corporate Centre as at 1 January 2014.
1.5 BNP Paribas and its shareholders
SHARE CAPITAL
At 31 December 2018, BNP Paribas SA s share capital stood at EUR 2,499,597,122 divided into 1,249,798,561 shares. Details of historical change in share capital are provided in chapter 6, note 6a Changes in share capital.
No transactions affecting the share capital took place in 2019 and so, as at 31 December 2019, BNP Paribas share capital still stood at EUR 2,499,597,122, divided into 1,249,798,561 shares with a par value of EUR 2 each.
The shares are all fully paid-up and are held in registered or bearer form at the choice of their holders, subject to compliance with the relevant legal provisions. None of the Bank s shares entitles their holders to an increased dividend or double voting rights or limit the exercise of voting rights.