2018 Registration document and annual fi nancial report - BNP PARIBAS16
1 PRESENTATION OF THE BNP PARIBAS GROUP
1
BNP Paribas and its shareholders
1.5 BNP Paribas and its shareholders
SHARE CAPITAL
At 31 December 2017, BNP Paribas SA s share capital stood at EUR 2,497,718,772 divided into 1,248,859,386 shares. Details of historical change in share capital are provided in chapter 6, note 6a Changes in share capital.
In 2018, the number of shares comprising the share capital was impacted by the creation of 939,175 shares following the exercise of stock options.
Thus, at 31 December 2018, BNP Paribas share capital 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.
CHANGES IN SHARE OWNERSHIP
➤ CHANGES IN THE BANK S OWNERSHIP STRUCTURE OVER THE LAST THREE YEARS
Dates 31/12/2016 31/12/2017 31/12/2018
Shareholders
Number of shares (in millions)
% of share
capital
% of voting rights
Number of shares (in millions)
% of share
capital
% of voting rights
Number of shares
(in millions)
% of share
capital
% of voting rights
SFPI(*) 127.75 10.2% 10.3% 96.55(**) 7.7% 7.7% 96.55(**) 7.7% 7.7%
BlackRock Inc. 64.39 5.2% 5.2% 63.22(***) 5.1% 5.1% 63.22(***) 5.1% 5.1%
Grand Duchy of Luxembourg 12.87 1.0% 1.0% 12.87 1.0% 1.0% 12.87 1.0% 1.0%
Employees 56.42 4.5% 4.5% 50.22 4.0% 4.0% 51.58 4.1% 4.1%
■ o/w FCPE (Group profi t- sharing scheme)(****) 40.70 3.3% 3.3% 36.27 2.9% 2.9% 37.78 3.0% 3.0%
■ o/w direct ownership 15.72 1.2% 1.2% 13.95 1.1% 1.1% 13.80 1.1% 1.1%
Corporate offi cers 0.17 NS NS 0.16 NS NS 0.19 NS NS
Treasury shares(*****) 1.17 0.1% - 1.23 0.1% - 1.16 0.1% -
Retail shareholders 47.80 3.8% 3.8% 45.3 3.6% 3.6% 48.70 3.9% 3.9%
Institutional investors 916.30 73.5% 73.5% 904.42 76.2% 76.3% 957.26 76.6% 76.7%
■ European 538.62 43.2% 43.2% 536.60 44.3% 44.4% 559.04 44.7% 44.8%
■ Non-European 377.68 30.3% 30.3% 367.82 31.9% 31.9% 398.22 31.9% 31.9%
Other and unidentifi ed 20.13 1.6% 1.6% 74.89 2.2% 2.2% 18.27 1.5% 1.5%
TOTAL 1,247.00 100% 100% 1,248.86 100% 100% 1,249.8 100% 100%
(*) Société de Participations et d Investissement: a public-interest limited company (société anonyme) acting on behalf of the Belgian State. (**) According to statement by SFPI, AMF Document No. 217C1156 dated 6 June 2017. (***) According to statement by BlackRock, AMF Document No. 217C0939 dated 9 May 2017. (****) The voting rights of the FCPE (profi t-sharing scheme) are exercised, after the decision taken by the Supervisory Board, by its Chairman. (*****) Excluding trading desks inventory positions.