Shareholder structure
The capital stock of Drägerwerk AG & Co. KGaA amounts to EUR 42,265,600 and consists of 10,160,000 common shares and 6,350,000 preferred shares with a mathematical share in capital stock of EUR 2.56 each. On August 30, 2010, Drägerwerk AG & Co. KGaA also issued share options for a total of 1,250,000 non-voting preferred shares. The share options mature on April 30, 2015. The mathematical share in capital stock of the shares to be issued also comes to EUR 2.56 each. On August 5, 2010, the conditional increase of the Company’s capital stock of EUR 3,200,000 was entered in the commercial register in order to be able to issue the share options.
The common shares were admitted to the regulated market in the Prime Standard subsection of Frankfurt Stock Exchange on June 21, 2010. According to Deutsche Börse AG, 71.46 percent of common shares are held by the Dräger family and 28.54 percent are in free float.
Around 67.19 percent of common shares of Drägerwerk AG & Co. KGaA are held by Dr. Heinrich Dräger GmbH. They account for almost the entire assets of this company. The majority of shares of Dr. Heinrich Dräger GmbH are held by members and companies of the Dräger family.
This structure places the voting rights associated with the common shares in the hands of the Dräger family. Members of the Dräger family also hold around 4.26 percent of voting rights in person, resulting in the family being in possession of 71.46 percent of voting rights in total. In accordance with Sec. 22 (1) Sentence 1 No. 1 WpHG (Wertpapierhandelsgesetz – German Securities Trading Act), the voting rights of Dr. Heinrich Dräger GmbH and Stefan Dräger GmbH as well as their majority shareholder and the Dräger Foundation, Munich/Lübeck are to be counted towards those of Dr. Heinrich Dräger GmbH due to existing regulations. The voting rights of Stefan Dräger GmbH are to be allocated to Stefan Dräger pursuant to Sec. 22 (1) Sentence 1 No. 1 WpHG.
In addition, DWS Investment GmbH, Frankfurt/Main, announced on November 9, 2010, that it holds 335,000 common shares and therefore 3.297 percent of voting rights.
The non-voting preferred shares are listed on the regulated market of Frankfurt Stock Exchange (Prime Standard) and on the regulated markets of the stock exchanges in Berlin, Düsseldorf, Hamburg, Hanover and Munich. They are also included in the TecDAX share index of Deutsche Börse. 100 percent of non-voting preferred shares are in free float according to Deutsche Börse AG. As the shares take the form of bearer shares, the company does not have a share register as would be the case with registered shares.
The duty to report the acquisition or sale of voting rights to an issuer pursuant to Secs. 21 et. seq. WpHG relates exclusively to shares with voting rights and therefore does not apply to the non-voting Dräger preferred shares. No detailed information about the shareholder structure of Dräger preferred shares is therefore being provided at this point.