General
The authorised share capital of Kendrion N.V. amounts to EUR 80,000,000, divided into 40,000,000 ordinary shares, each having a nominal value of EUR 2.00. The total number of issued shares as at 31 December 2018 amounted to 13,574,865. There is only 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 2018 | 13,396,034 | 121,586 | 13,517,620 |
| Issued shares (share dividend) | 168,298 | (117,567) | 50,731 |
| Issued registered shares (share plan) | 6,514 | - | 6,514 |
| Delivered shares | 4,019 | (4,019) | - |
| Repurchased shares | (178,852) | 178,852 | - |
| At 31 December 2018 | 13,396,013 | 178,852 | 13,574,865 |
| Other information (in EUR, unless otherwise stated) | 2018 | 2017 | 2016 |
|---|---|---|---|
| Number of shares x 1,000 at 31 December | 13,575 | 13,518 | 13,396 |
| Market capitalisation at 31 December (EUR million) | 283.7 | 542.9 | 358.3 |
| Enterprise value (EV) (EUR million) | 364.2 | 613.5 | 412.3 |
| Highest share price in the financial year | 44.35 | 40.95 | 27.87 |
| Lowest share price in the financial year | 20.30 | 26.30 | 19.00 |
| Share price on 31 December | 20.90 | 40.16 | 26.75 |
| Average daily ordinary share volume | 21,899 | 18,048 | 13,352 |
| EBITDA multiple (over EV) 1 | 6.23 | 10.22 | 8.02 |
| Result per share | 1.03 | 1.45 | 1.12 |
| Normilised result per share 1 | 1.69 | 1.73 | 1.47 |
| Share price earnings ratio 1 | 12.39 | 23.16 | 18.18 |
1 Excluding one off costs.
2 Restated due to application of IFRS 9, IFRS 15 and IFRS 16 as per 1 January 2018.