The share of Zavarovalnica Triglav

The shares of Zavarovalnica Triglav have been listed on the Ljubljana Stock Exchange Prime Market since 5 December 2011. Thereby, the Company is committed to the highest standards of business and reporting in both the domestic and international markets.

Key figures for the shares of Zavarovalnica Triglav

Items

31 December 2014

31 December 2013

31 December 2012

Number of shares

22,735,148

22,735,148

22,735,148

Book value per share* (in EUR)

23.93

21.98

22.33

Net earnings per share** (in EUR)

2.01

2.12

2.22

Dividend per share (in EUR) for the previous business year

to be defined

1.70

2.00

Share market value (in EUR) - closing price

23.60

19.00

16.50

Market capitalisation (in EUR) - closing price

536,549,493

431,967,812

375,129,942

Traded on

Ljubljana Stock Exchange - LJSE

Ticker symbol

ZVTG

ISIN

SI0021111651

Credit rating

Standard & Poor’s;
»A-«, stable medium
term outlook
AM Best; »A-«,
positive medium term
outlook

Standard & Poor’s;
»A-«, stable medium
term outlook
AM Best; »A-«,
stable medium term
outlook

Standard & Poor’s;
»A«, warning on
potential credit rating
downgrade

Bloomberg

ZVTG SV

Reuters

ZVTG.LJ

*In calculating the book value per share, equity of Zavarovalnica Triglav and the number of shares as at the reporting date were taken into account.
**In calculating net earnings per share, net profit of Zavarovalnica Triglav and weighted average number of total shares were taken into account.


In acquiring shares, the existing and potential shareholders of Zavarovalnica Triglav are required to observe the following provisions of the Insurance Act:

  • The acquisition of shares of Zavarovalnica Triglav by which a person directly or indirectly acquires or exceeds the qualifying holding in the Company requires a prior authorisation of the Insurance Supervision Agency. A qualifying holding is a direct or indirect holding of shares or other rights that gives the holder a 10% share of voting rights or equity interest, or that gives the holder a share of voting rights or equity interest that is smaller than 10%, but nevertheless allows the holder to significantly influence the management of the company.
  • A prior authorisation of the Insurance Supervision Agency is required for any further acquisition of shares of the insurance company, by which the person having obtained an authorisation acquires or exceeds the 20%, 33.3% or 50% limit of voting rights or equity interest, or by which the person becomes a controlling company of the insurance company.
  • Apart from that, a new prior authorisation of the Insurance Supervision Agency is required before any further acquisition of shares by which a qualified holder would surpass the range for which an authorisation for the acquisition of a qualifying holding had been issued.
  • A prior authorisation of the Insurance Supervision Agency for the acquisition of a qualifying holding is also obligatory for shareholders of the insurance company who jointly own shares by which they reach or exceed a qualifying holding in the insurance company and who intend to enter into a shareholders’ agreement.
  • Moreover, the Insurance Act sets out the obligations and the requirement to obtain prior authorisations for entities that have agreed to a concerted acquisition of the shares of the insurance company or a concerted exercising of management rights attached to the shares in the case that they do not reach a qualifying holding, as well as in the case that they intend to acquire a holding by which they would jointly reach or exceed a qualifying holding.

Holders of shares that have been acquired or are possessed contrary to the Insurance Act have no voting rights. See the Insurance Act for details.

Movements in the share value of Zavarovalnica Triglav in 2014

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