Capital structure

No conditional shares were converted into ordinary shares in 2017.

In April 2016, the Annual General Meeting approved an increase of the Group’s conditional share capital by CHF 16 293.90 and 156 045 conditional shares were converted into ordinary shares.

Apart from this and the conversion of 46’390 conditional shares into ordinary shares in 2015, there have been no changes in the share capital in the past three years. On 31 December 2017, the share capital was composed of:

  • 15 878 984 registered shares, fully paid in, each with a nominal value of CHF 0.10
  • Conditional capital of CHF 28 395.50, divided into 283 955 conditional shares, each with a nominal value of CHF 0.10, which relates to 1.79% of the existing share capital.

Straumann Holding AG did not have any authorized share capital.

The conditional share capital was approved for an unlimited period at an extraordinary General Meeting in 1998 and at the 2016 ordinary General Meeting. In both cases, the conditional share capital was created for use in employee equity participation plans (see Compensation Report).

Straumann Holding has no other categories of shares than registered shares. There are no restrictions on the transferability of the shares.

The Group has not issued any financial instruments (participation certificates, dividend-right certificates, warrants, options or other securities granting rights to Straumann shares) other than the Performance Share Units granted to certain employees as a compensation component (see Compensation report) and the CHF-200-million domestic straight bond launched in 2013 and due on 30 April 2020 (see Financial Report for details).

  31 Dec 2014 31 Dec 2015 31 Dec2016
Share capital (in 1,000 CHF) 1'568
(fully paid in)
1'572
(fully paid in)
1'588
(fully paid in)
Conditional share capital (in 1,000 CHF) 32
28 28
Number of registered shares 15'676'549 15'722'939 15'878'984
Nominal value per share (in CHF) 0.1
0.1 0.1
Registration restrictions none
none none
Voting restrictions none none none
Opting-out, opting-up none none none