The share

BE Group AB has been listed on NASDAQ Stockholm since the end of 2006. The share can only be traded in this marketplace. The Company trades under the ticker BEGR and is included in the Basic Resources sector with ISIN code SE0008321921.

Total turnover of BE Group shares in 2017 was 7.7 M shares with a combined value of SEK 420 M, representing an average turnover of 30,492 shares or SEK 1.7 M per trading day. Turnover represented 0.01 percent of total turnover on the NASDAQ Stockholm Exchange in 2017. On the year’s last trading day, December 29, 2017, the market price for the BE Group share was SEK 50.00. The highest price paid in 2017 was SEK 69.75 and the year’s lowest price paid was SEK 41.50. At the end of the year, BE Group’s total market capitalization was SEK 650.5 M.

Share capital and voting rights

At December 29, 2017, the share capital in BE Group was SEK 260.2 M (260.2) allocated among 13,010,124 shares, each with a quotient value of SEK 20.00. Under the Articles of Association, minimum share capital in the Company is SEK 150,000,000 and maximum share capital SEK 600,000,000, with a minimum of 10,000,000 and a maximum of 40,000,000 shares. Each share carries one vote and there is only one class of shares.

Ownership structure

At the end of 2017, BE Group had 5,903 shareholders, compared with 6,303 at the end of the previous year. AB Traction and Catella Småbolagsfond were the two largest owners.

Other major owners are listed in the table on page 11. At the end of the year, the proportion of Swedish institutional ownership (legal entities) totalled 64 percent and foreign ownership was 12 percent. At the end of the year, the four members of Group Management together held 61,700 shares in BE Group.

At the same time, the Company’s directors together held 2,646,228 shares, including shares in close association, of which 40,000 were in endowment insurance. BE Group AB held 26,920 treasury shares at the close of 2017.

Dividend and dividend policy

According to BE Group’s dividend policy, the Group shall distribute at least 50 percent of profit after tax, over time. BE Groups financial positions and future outlook shall be taken into account in determining the payment of dividends. BE Group reports a cash flow after investments of SEK 100 M (68), which resulted in the company’s net debt decreasing to SEK 478 M (562) and the net debt/equity ratio improving from 73 percent to 60 percent. The ambition is that BE Group will in the long term work up a stronger balance sheet to be able to take advantage of business opportunities and become an even stronger counterparty to the company’s stakeholders. In light of this and although demand is expected to remain strong in the company’s main markets, it is proposed that no dividend is paid for the 2017 financial year (-).

Shareholder contacts

CFO Daniel Fäldt is responsible for contacts with shareholders. Press releases issued by BE Group are distributed via Cision and are made available on the Group’s website at www.begroup.com in connection with publication. Information on the BE Group share is updated continuously on the Group’s website.

Per share data

SEK unless otherwise stated 2017 2016
Earnings per share 1,87 -1,56
Earnings per share after dilution 1,87 -1,56
Equity per share 61.77 59.41
Proposed dividend per share
Market price, December 29, latest price paid 50.00 41.70
Market capitalization, December 29, SEK M 650.5 542.5

Largest shareholders December 29, 2017

Shareholders Number of share Capital and votes (%)
AB Traction 2,585.946 19.9
Catella Småbolagsfond 1,136,904 8.7
Försäkringsaktiebolaget, Avanza Pension 883,885 6.8
The Pure Circle AB 642,285 4.9
Swedbank Robur Sverigefond Mega 614,789 4.7
Swedbank Robur Sverigefond 316,548 2.4
Nordnet Pensionsförsäkring AB 241,407 1.9
Nordea Livförsäkring Sverige AB 230,776 1.8
CBNY-Norges Bank 190,114 1.5
Swedbank Försäkring AB 172,136 1.3
Total, 10 largest shareholders 7,014,790 53.9
BE Group´s holding of treasury shares 26,920 0.2
Other shareholders 5,968,414 45.9
Total number 13,010,124 100.0

Shareholder structure, December 29, 2017

Holding Number of shareholders Number of shares Capital and votes (%)
1 – 500 4,728 461,271 3.6
501 – 1,000 472 354,488 2.7
1,001 – 2,000 299 440,246 3.4
2,001 – 5,000 229 719,393 5.5
5,001 – 10,000 75 532,476 4.1
10,001 – 20,000 44 617,680 4.8
20,001 – 50,000 27 846,071 6.5
50,001 – 100,000 13 1,054,413 8.1
100,001 – 500,000 11 1,800,176 13.8
500,001 – 1,000,000 3 2,457,507 18.9
1,000,001 – 5,000,000 2 3,726,403 28.6
Total 5,903 13,010,124 100.0

Shareholdings per country, December 29, 2017

Sweden 87.8%
USA 3.0%
Luxembourg 3.0%
Finland 1.4%
Isle of man 1.2%
Others 3.6%
Total 100%

Shareholder catergory, December 29, 2017

Other Swedish legal entities and persons 32.0%
Swedish physical persons 23.8%
Fund management companies 16.8%
Foreign ownership 12.1%
Insurance companies and pension institutions 11.3%
Pension foundations 2.5%
Non-categorized legal entities and persons 1.5%
Total 100%

Share price development January 2015 – December 2017

ISIN code: SE0001852211 Ticker on NASDAQ Stockholm Exchange: BEGR Source: SIX Telekurs