Shareholders structure

 

Shareholder Structure

  • As at May 27, 2016, the Czech Republic remained the company's largest shareholder with a nearly 70% stake in the stated capital.
  • As at June 30, 2016, the stated capital of ČEZ, a. s. totaled CZK 53,798,975,900. The Company's stated capital consists of 537,989,759 shares, each with a nominal value of CZK 100. The issue price of all shares had been fully paid in. All the shares were booked to owner, and were listed.
  • The company's stated capital is allocated exclusively to common shares, with no special rights attached. All of the company's shares are accepted for trading on the Prague Stock Exchange and the Warsaw Stock Exchange in the Republic of Poland and are negotiable without limitations. No other securities issued by ČEZ, a. s. are limited in their negotiability, nor are any special rights attached.
  • Treasury shares - As at June 30, 2016, there were 3,755,021 treasury shares, or 0.698% of the stated capital, on ČEZ's asset account with the Central Securities Depository.

    As at May 27, 2016, the following entities were recorded as having stakes of at least 1% of the stated capital of ČEZ, a. s.:
  • The Czech Republic, represented by the Ministry of Finance of the Czech Republic, the Ministry of Labor and Social Affairs of the Czech Republic, and the Office for Government Representation in Property Affairs, with a combined total stake of 69.78% of the stated capital,
  • Clearstream Banking, s. a., whose stake is 3.31% of the stated capital.
  • Nortrust Nominee Limited, whose stake is 1.75% of the stated capital.
  • State Street Bank and Trust Co., whose stake is 1.53% of the stated capital.
  • Chase Nominees Limited, whose stake is 1.16% of the stated capital.

 

Shareholder Structure  
      at 31. 12. 2014 at 31. 12. 2015 at 27. 5. 2016
Legal entities, total     93.31 % 91.22 % 90.26 %
Czech Republic     69.78 % 69.78 % 69.78 %
ČEZ, a. s.        0.72 % 0.70 % 0.70 %
Other legal entities     22.81 % 20.74 % 19.78 %
Private individuals, total     6.69 % 8.78 % 9.74 %

 

Shareholder Relations

ČEZ, a. s., proceeds in accordance with the provisions of the Commercial Code with respect to protection of shareholder rights.

ČEZ, a. s., convenes and runs General Meetings in full compliance with applicable law and ensures that General Meeting resolutions are put into practice. ČEZ, a. s. duly complies with its information disclosure requirements vis-á-vis shareholders. The company ensures that all shareholders receive equal treatment. The company ensures that investors receive quarterly reports updating them on the company’s performance and a list of dates when announcements will be made concerning earnings and General Meetings (convening, conclusions and resolutions), as well as when securities prospectuses will be made available. Don’t even need to make this an intro it has already basically been stated twice in the above paragraphs.

Dividends

ČEZ, a. s. has been paying regular dividends to shareholders since 2001. Pay out takes place once per year. Rising dividends reflect the financial success of CEZ Group. The General Meeting held on June 3, 2016 decided to pay a dividend of CZK 40 per share before tax.
The share in profits awarded to the shareholders of ČEZ, a. s. is CZK 21,519,590 thousand in total, of
which CZK 21,369,390 thousand is to be paid out, representing 77.3% of the adjusted consolidated
net income and 104.0% of the consolidated net income. The dividend on treasury shares held by the
Company at the record date, i.e. the difference between the amounts above, is included in retained
earnings. Entities that were shareholders of ČEZ on the record date, i.e. June 9, 2016, are entitled to
the dividend.

Dividend payments of ČEZ, a. s.
Dividends
for year
2001 2002 2003 2004
Gross dividend
per share (CZK)
2,50 4,50 8,00 9,00
Payment date 1. 8. 02 – 31. 7. 07 1. 8. 03 – 31.7.08 2. 8. 04 – 31. 7. 09 1. 8. 05 – 31. 7. 10
Record date 11. 6. 2002 17. 6. 2003 17. 6. 2004 20. 6. 2005
Administrator Česká spořitelna
Dividend payments of ČEZ, a. s.
Dividends
for year
2005 2006 2007 2008
Gross dividend
per share (CZK)
15,00 20,00 40,00 50,00
Payment date 1. 8. 06 – 31. 7. 11 1. 8. 07 – 31. 7. 11 1. 8. 08 – 31. 7. 12 1. 8. 09 – 31. 7. 13
Record date 23. 5. 2006 23. 4. 2007 21. 5. 2008 21. 5. 2009
Administrator Česká spořitelna
Dividend payments of ČEZ, a. s.
Dividends
for year
2009 2010 2011
Gross dividend
per share (CZK)
53,00 50,00 45,00
Payment date 1. 8. 10 – 31. 7. 14 1. 8. 11 – 31. 7. 15 1. 8. 12 – 2. 8. 16
Record date 29. 6. 2010 1. 6. 2011 2. 7. 2012
Administrator Česká spořitelna
Dividend payments of ČEZ, a. s.
Dividends
for year
2012 2013  
Gross dividend
per share (CZK)
40,00 40,00  
Payment date 1. 8. 13 – 1. 8. 17 1. 8. 14 – 1. 8. 18  
Record date 25. 6. 2013 4. 7. 2014  
Administrator Česká spořitelna
Dividend payments of ČEZ, a. s.
Dividends
for year
2014 2015  
Gross dividend
per share (CZK)
40,00 40,00  
Payment date 3. 8. 15 – 1. 8. 19 1. 8. 15 – 31. 7. 20  
Record date 18. 6. 2015 9. 6. 2016  
Administrator Česká spořitelna

 

Credit Rating

During its revision of European energy companies' credit ratings in connection with an ongoing
decrease in electric power prices, Standard & Poor's Credit Market Services Europe Limited
reaffirmed ČEZ's long-term rating of A- with a stable outlook on February 26, 2016. The rating
remained unchanged in H1 2016.
Moody's Investors Service Ltd., also revising European energy companies' credit ratings in connection
with decreasing electric power prices, lowered its long-term credit rating of ČEZ, a. s. by one notch to
Baa1 with a stable outlook (from the previous A3 with a stable outlook) on April 6, 2016.
Both credit rating agencies are included in the list of credit rating agencies pursuant to Regulation (EC)
No. 1060/2009 of the European Parliament and of the Council, as amended by Regulation (EU) No.
513/2011 of the European Parliament and of the Council and Regulation (EU) No. 462/2013 of the
European Parliament and of the Council. When selecting credit rating agencies, ČEZ, a. s. complies
with Article 8d of the above-mentioned Regulation (www.esma.europa.eu/page/list-registered-and-certified-CRAs).