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Kendrion contact
Head Office
Kendrion N.V.
Vesta Building - 5th floor
Herikerbergweg 213
1101 CN Amsterdam
The Netherlands
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Kendrion contact
Head Office
Kendrion N.V.
Vesta Building - 5th floor
Herikerbergweg 213
1101 CN Amsterdam
The Netherlands
Contact now
Kendrion's shares are listed on Euronext's Amsterdam market.
Last updated: 2021/07/27 13:17:35
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Authorised share capital

The authorised share capital of Kendrion N.V. as at 31 December 2020 amounts to EUR 80,000,000 and is divided into 40,000,000 ordinary shares with a nominal value of EUR 2.00 each. At year-end 2020, the total number of ordinary shares issued was 14,933,984. There is one class of ordinary shares and no depositary receipts for shares have been issued. Kendrion’s ordinary shares are listed on NYSE Euronext Amsterdam Small Cap Index (AScX).

 

Movements in the number of outstanding shares Shares entitled to dividend Shares owned by Kendrion Total number of issued shares
At 1 January 2020 14,753,533 180,451 14,933,984
Issued registered shares (share plan) 2,654 (2,654) -
Delivered shares 10,294 (10,294) -
At 31 December 2020 14,766,481 167,503 14,933,984

Dividend Policy

Kendrion endeavours to realise an attractive return for shareholders supported by a suitable dividend policy. In view of safeguarding a healthy financial position, consideration is also given to the amount of profit to be retained to support the company’s medium and long-term strategic plans and to maintaining a solvency ratio of at least 35%. Kendrion strives to distribute dividends representing between 35% and 50% of its net profit.

In principle, Kendrion offers shareholders an opportunity to opt for dividends in cash or in the form of ordinary shares in Kendrion N.V.’s capital.

In the Annual general Meeting of Shareholders held on 12 April 2021, the dividend over 2020 was approved at EUR 0.40 per share, representing a payment of dividend of 50% of normalised net profit for 2020. The total amount of dividend is EUR 5.9 million. The payment of the dividend has been made in cash, or at the option of shareholders, in the form of ordinary shares charged to the share premium reserve with any remaining fraction settled in cash.

Major Shareholders

In line with legislation, shares transactions of the members of our Executive Board have been reported to the Financial Markets Authority (AFM). This information can be consulted on the AFM's website (www.afm.nl).

Pursuant to the Netherlands Financial Supervision Act, we are aware, on the basis of the information in the registers of the Netherlands Authority for the Financial Markets (AFM), that the following shareholders possessed an interest of more than 3% on 18 May 2021:
 

Shareholder Interest in % Date of report
Teslin Participaties Coöperatief U.A. 15.14 At 14 June 2019
Kempen Capital Management N.V. 10.07 At 26 May 2020
Cross Options Beheer B.V. 5.37 At 8 May 2017
T. Rowe Price Group, Inc. 4.97 At 5 May 2017
FIL Limited 6.84 At 18 May 2021
Invesco Limited 5.42 At 15 May 2020
Midlin N.V. 3.08 At 11 December 2020
Total 50.89%  

Kendrion Analysts

These analysts actively monitor the Kendrion share:

Berenberg Beatrice Allen
Degroof Petercam Frank Claassen
ING Bank N.V. Tijs Hollestelle
The Idea-Driven Equities Analyses Company Maarten Verbeek