Shareholding
At April 26, 2022, GBL’s share capital totaled EUR 653.1 million, representing 153,000,000 shares.
GBL’s shareholding is characterized by a controlling shareholder, Pargesa SA, which holds 29.1% of the outstanding shares and 44.2% of the voting rights. Pargesa SA itself is held jointly by the Power Corporation of Canada (Canada) and Frère (Belgium) groups, providing GBL with a stable and solid shareholder base. Since 1990, the two groups have been bound by a shareholders’ agreement. This agreement, which was extended in December 2012, until 2029, includes an extension possibility going forward.
At year-end 2021, GBL held 7,944,102 GBL shares directly and through its subsidiaries, representing 5.1% of the issued capital.