Skip to main content

Issued capital

At 31 December 2015, the fully paid-up share capital amounted to EUR 653,136,356.46. It is represented by 161,358,287 shares without nominal value.

Dematerialised shares

In accordance with the law of 14 December 2005 on the elimination of bearer shares, holders of bearer shares had to convert them into registered or dematerialised shares by 31 December 2013 at the latest. The bearer shares that had not yet been converted into registered or dematerialised shares at 1 January 2014 were automatically converted into dematerialised shares registered in a securities account in GBL’s name.

Since 1 January 2014, the exercising of bearer share rights has been suspended in accordance with the law.

The law also provides that, as from 1 January 2015, issuers must put any unclaimed bearer shares up for sale on the stock market and announce this mandatory sale in good time. Once the unclaimed bearer shares have been sold, the net proceeds of the sale (in other words the proceeds less any costs incurred) must be transferred to the Caisse des Dépôts et Consignations within fifteen days.

In accordance with this obligation two notices, which among other things stated the maximum number of securities liable to be put up for sale and the depositing deadline and location for bearer shares, were published by GBL and Euronext on their websites. An initial notice was published on 5 December 2014 and concerned 69,082 unclaimed bearer shares, while a second notice was published on 2 October 2015 relating to 32,656 bearer shares from share exchange reserves. These notices were also inserted in the Belgian Official Gazette of 11 December 2014 and 6 October 2015 respectively. Following the publication of these notices, the shares in question were sold on the stock exchange on 21 January 2015 (69,082 shares) and 16 November 2015 (32,656 shares). The proceeds from these sales were transferred on 23 January 2015 and 18 November 2015 to the Caisse des Dépôts et Consignations.

Since 31 December 2015 the owners of these old bearer shares have been entitled to demand payment of the corresponding proceeds from the Caisse des Dépôts et Consignations, subject to these owners being able to provide proof of ownership. However, the law of 14 December 2005 provides that, as from 1 January 2016, such a repayment will be subject to a fine of 10% of the proceeds from the sale of the underlying bearer shares, calculated by year of delay commenced. GBL is therefore no longer involved in this process.

Registered shares

For any questions about registered shares, please contact:

Ann Opsomer, General Secretary and Compliance Officer

Tel : + 32 (2) 289 17 17

Email : aopsomer@gbl.be

 

  • Historical data since 2005

    As of 31 December 2015

    - Fully paid-up share capital: EUR 653,136,356.46
    - Number of shares representing the share capital: 161,358,287

    As of 31 December 2014

    - Fully paid-up share capital: EUR 653,136,356.46
    - Number of shares representing the share capital: 161,358,287

    As of 31 December 2013

    - Fully paid-up share capital: EUR 653,136,356.46
    - Number of shares representing the share capital: 161,358,287

    As of 31 December 2012

    - Fully paid-up share capital: EUR 653,136,356.46
    - Number of shares representing the share capital: 161,358,287

    As of 31 December 2011

    - Fully paid-up share capital: EUR 653,136,356.46
    - Number of shares representing the share capital: 161,358,287

    As of 31 December 2010

    - Fully paid-up share capital: EUR 653,136,356.46
    - Number of shares representing the share capital: 161,358,287

    As of 31 December 2009

    - Fully paid-up share capital: EUR 653,136,356.46
    - Number of shares representing the share capital: 161,358,287

    As of 31 December 2008

    - Fully paid-up share capital: EUR 653,136,356.46
    - Number of shares representing the share capital: 161,358,287

    As of 31 December 2007

    - Fully paid-up share capital: EUR 653,136,356.46
    - Number of shares representing the share capital: 161,358,287

    As of 4 July 2007 (after capital increase)

    - Fully paid-up share capital: EUR 653,136,356.46
    - Number of shares representing the share capital: 161,358,287

    As of 31 December 2006

    - Fully paid-up share capital: EUR 595,696,415.40
    - Number of shares representing the share capital: 147,167,666

    As of 5 May 2006 (after capital increase)

    - Fully paid-up share capital: EUR 595,696,415.40
    - Number of shares representing the share capital: 147,167,666

    As of 31 December 2005

    - Fully paid-up share capital: EUR 559,802,625.54
    - Number of shares representing the share capital: 138,300,053
     

Authorised Capital

The Extraordinary General Meeting held on 26 April 2016 renewed, for a 5 year period, the authorisation granted to the Board of Directors to:

  • increase the share capital, on one or more occasions, by up to EUR 125 million;
  • decide to issue, on one or more occasions, convertible bonds or bonds redeemable in shares, subscription rights or other financial instruments, whether or not they are attached to bonds or other securities and that may in time give rise to capital increases of a maximum amount such that the amount of the capital increases that may result from the exercising of these conversion or subscription rights, whether or not they are attached to such securities, does not exceed the authorised amount remaining as defined by the above-mentioned limits. 

In both cases, the Board of Directors may, in the interests of the Company, limit or cancel the preferential subscription rights of the existing shareholders according to the conditions provided for by law.

This authorisation, initially granted in 1987, was renewed most recently on 26 April 2016. It is valid for a five-year period from the publication of the General Shareholders' Meeting decision in the Belgian Official Gazette. At 31 December 2015, the authorised capital amounted to EUR 125 million.

Shareholding : read more

GBL has chosen not to create or otherwise sponsor an American Depositary Receipt (ADR) facility in respect of its shares. Any ADR facility currently in existence is "unsponsored" and has no ties whatsoever to GBL. This means that GBL cannot be relied upon to ensure the proper operation of such facility or to protect the rights of ADR holders, and GBL expressly disclaims any liability or submission to jurisdiction to any courts in the United States in respect of such facility. Persons choosing to deposit GBL shares into such a facility or to acquire ADRs issued from such a facility do so at their own risk and on the basis of their own analysis of such facility.