121.
warn 12.54
In 2005, the average daily volume of trade
was 1,223,626 shares. Heineken N.V. is not
a 'structuurvennootschap' within the meaning
of the Netherlands Civil Code. Consequently,
decisions on all important matters are taken
by the General Meeting of Shareholders.
Market capitalisation
On 31 December 2005, there were 489,974,594
shares of €1.60 nominal value in issue.
On 31 December 2004, there were 489,974,594
shares of €1.60 nominal value in issue. At a closing
price of €26.78 on 30 December 2005, the market
capitalisation of Heineken N.V. on balance sheet
date was €13.122 billion.
Year-end price €26.78 30 December 2005
High €27.85 10 October 2005
Low €24.51 6 May 2005
Rules concerning insider dealing
Within Heineken N.V. there are established rules
governing the disclosure of transactions in shares
of Heineken N.V. and Heineken Holding N.V. that
are applicable to the members of the Supervisory
Board and the Executive Board, to other managers
and staff who might be in possession of
price-sensitive information and to a number
of external parties.
Major Holdings in Listed Companies Disclosure Act
Pursuant to the Major Holdings in Listed Companies
Disclosure Act, Heineken Holding N.V., Amsterdam,
has disclosed an interest of 50.005 percent in
Heineken N.V.
Right to add agenda items
Shareholders who, alone or together, represent
at least 1 percent of Heineken N.V.'s issued capital
or hold shares with a market value of €50 million
have the right to request items to be placed on the
agenda of the General Meeting of Shareholders.
Requests to place items on the agenda must be
received by Heineken N.V. at least 60 days before
the date of the General Meeting of Shareholders.
Heineken N.V. reserves the right to refuse to place
an item on the agenda if its inclusion would
be contrary to the Company's material interest.
Heineken Holding N.V.
The ordinary shares of Heineken Holding N.V. are
traded on Euronext Amsterdam. The shares are
listed under ISIN code NL0000008977. Options
on ordinary shares of Heineken Holding N.V. are
traded on Euronext.Liffe. In 2005, the average daily
volume of trade was 155,379 shares. Heineken
Holding N.V. is not a 'structuurvennootschap'
within the meaning of the Netherlands Civil Code.
Consequently, decisions on all important matters
are taken by the General Meeting of Shareholders.
Heineken N.V. share price
In EUR, Euronext Amsterdam
after restatement for recapitalisation and share split
■HI
1997 W 15.87
1998 33.05
■■■I 30.75
■■MM 42.24
Hm
2002 29.76
24.53
2005 BH 26.78
0 10 20 30 40 50
share price range Mfll
closing price
Average trade in 2005:1,223,626 shares per day
Heineken Holding N.V. share price
In EUR, Euronext Amsterdam
after restatement for recapitalisation and share split
1997 m 14.50
HH 26.14
■1m 22.37
28.80
mum 25.60
2002
an
Hi 22.25
2005 24.82
0 10 20 30 40 50
share price range
closing price
Average trade in 2005:155,379 shares per day
Heineken N.V. - Annual Report 2005
