Shareholder Information
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Other information
Investor relations
Heineken takes a proactive role in maintaining an open dialogue
with shareholders and bondholders, providing accurate and
complete information in a timely and consistent way. We do
this through press releases, the Annual Report, presentations,
webcasts, regular briefings and open days with analysts, fund
managers and shareholders.
Ownership structure
Heading the Heineken Group, Heineken Holding N.V. is no
ordinary holding company. Since its formation in 1952, the
objective of Heineken Holding N.V., pursuant to its Articles of
Association has been to manage and/or supervise the Heineken
Group and to provide services to the Heineken Group. The role
Heineken Holding N.V. has performed for the Heineken Group
since 1952 has been to safeguard its continuity, independence
and stability and create conditions for controlled, steady growth
of the activities of the Heineken Group. This stability has enabled
the Heineken Group to rise to its present position as the brewer
with the widest international presence and one of the world's
largest brewing groups. Every Heineken N.V. share held
by Heineken Holding N.V. is matched by one share issued by
Heineken Holding N.V. The net asset value of one Heineken
Holding N.V. share is therefore identical to the net asset value
of one Heineken N.V. share. The dividend payable on the two
shares is also identical. Historically, however, Heineken Holding
N.V. shares have traded at a lower price due to technical factors
that are market-specific. Heineken Holding N.V. holds 50.005 per
cent of the Heineken N.V. issued shares. On 31 December 2010,
L'Arche Green N.V. held 50.56 per cent of the Heineken Holding
N.V. shares. The Heineken family holds 88.55 per cent of L'Arche
Green N.V. The remaining 11.45 percent of L'Arche Green N.V.
is held by the Hoyer family. Mrs. de Carvalho-Heineken also owns
a direct 0.03 per cent stake in Heineken Holding N.V.
Pursuant to the Financial Markets Supervision Act (Wet op
het financieel toezicht) and the Decree on Disclosure of Major
Holdings and Capital Interests in Securities-Issuing Institutions
(Besluit melding zeggenschap en kapitaalbelang in uitgevende
instellingen), the Financial Markets Authority has been notified
about the following other substantial shareholdings:
As regards Heineken N.V.:
Massachusetts Financial Services Company
- a capital interest of 2.12 per cent
- a voting interest of 5.00 per cent (2.94 per cent held
directly and 2.06 per cent held indirectly).
FEMSA acquisition
On 11 January 2010 Heineken N.V. announced the acquisition of
the beer businesses of Fomento Económico Mexicano, S.A.B. de
C.V. ('FEMSA'). The acquisition was completed on 30 April 2010
(the 'Completion Date') following the approval from all relevant
anti-trust authorities and shareholders of Heineken N.V.,
Heineken Holding N.V. and FEMSA.
On the Completion Date Heineken N.V. issued 86,028,019 new
shares to FEMSA in exchange for the transfer by FEMSA of its
beer operations to Heineken N.V.
Simultaneously on the Completion Date, Heineken Holding N.V.
issued 43,018,320 new shares to FEMSA in exchange for the
transfer by FEMSA of an equal amount of the new Heineken N.V.
shares to Heineken Holding N.V.
Heineken N.V. also entered into a commitment to deliver an
additional 29,172,504 Heineken N.V. shares (the 'Allotted Shares')
to FEMSA over a period of not more than five years from the
Completion Date in two instalments per year.
In 2010,10,240,553 Allotted Shares were delivered to FEMSA.
These Allotted Shares have been repurchased by Heineken N.V.
on the market under share repurchase programmes announced
in March, July and November 2010. Details of the share
repurchase programmes can be found on the Heineken
international website: www.heinekeninternational.com/
femsa_acquisition.aspx
As at 31 December 2010, FEMSA (through its affiliate CB Equity
LLP) holds a 14.94 per cent shareholding in Heineken Holding
N.V. and a 9.24 per cent shareholding in Heineken N.V. Following
delivery of all remaining Allotted Shares, the shareholding
of FEMSA in Heineken N.V. will be 12.53 per cent. All FEMSA's
Heineken Holding N.V. and Heineken N.V. shares (including
all Allotted Shares) represent a 20 per cent economic interest
in the Heineken Group.
As regards Heineken Holding N.V.:
Davis Investments, LLC
- a capital interest of 6.46 per cent
- a voting interest of 5.84 per cent.
