Background
Governance, Law and Regulations

The depositary receipt for shares

HZPC has issued 783,725 shares with a nominal value of EUR 20. The ‘Vereniging HZPC’ (Association HZPC) owns 100 percent of the shares and has certified all the shares. The certificate holders form a restricted group and have to comply with specific requirements. All certificate holders have a business agreement with HZPC, or have had one in the past.

Twice every financial year, in November and May, the Association organises a stock exchange trading day. The Rabobank was the stockholder for the stock exchange trading day in November 2015. After this we changed to ING. So the stock exchange trading day in May 2016 was administered by ING. ING now provides the administration for the certificates.

The certificate holders receive information about the company via press releases, the annual report and the HZPC website (www.hzpc.com). In addition, Dutch certificate holders receive the Company’s client magazine ‘Ruggespraak’

 

2011/12 2012/13 2013/14 2014/15 2015/16
           
Profit per share certificate (x EUR 1) € 5.67 € 1.30 € 11.74 € 5.73 € 8.93
Dividend per share certificate (x EUR 1) € 3.75 € 1.00 € 7.50 € 3.75 € 5.75
Dividend as % of the net result 66% 77% 64% 65% 64%
           
Price as of June 30 (x EUR 1) € 64.35 € 77.90 € 93.50 € 113.15 € 136.90
           
Return on shares (x EUR 1) € 14.90 € 14.55 € 23.10 € 23.40 € 29.50
Return on shares % of the price
(as of 30 June of the previous year)
28.0% 22.6% 29.7% 25.0% 26.1%