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2016 REGISTRATION DOCUMENT
HERMÈS INTERNATIONAL
256
INFORMATION ON THE COMPANY AND ITS SHARE CAPITAL
7
INFORMATION ON SHARE CAPITAL AND SHAREHOLDERS
7.2.2.5
Treasury shares
As at 31 December 2016, Hermès International held 1,079,660 of its own shares, representing 1.0% of its share capital, purchased under the terms
of the share buyback programme described on page 259.
7.2.2.6
Change in ownership and voting rights
During the last three financial years and to the Company’s knowledge, the distribution of capital and voting rights in the Company (by percentage)
was the following:
Shareholders holding more than 5% of the capital or
voting rights
31/12/2016
31/12/2015
31/12/2014
Share
capital
Voting rights
1
Share
capital
Voting rights
1
Share
capital
Voting rights
1
Allocation
of net
income
Others
Allocation
of net
income
Others
Allocation
of net
income
Others
H51 SAS
52.6% 62.7% 62.7% 52.6% 62.7% 62.7% 52.5% 58.0% 58.0%
H2 SAS
6.5% 7.6% 7.6% 6.5% 7.0% 7.0% 6.5% 8.1% 8.1%
Other members of the Hermès family group
6.0% 4.5% 6.9% 6.1% 4.4% 6.7% 6.1% 4.8% 7.6%
Subtotal Hermès family group
2
65.1% 74.8% 77.2% 65.2% 74.1% 76.4% 65.0% 70.9% 73.7%
Semyrhamis
8.3% 5.1% 5.1% 8.3% 5.1% 5.1% 8.3% 5.8% 5.9%
Famille Arnault
0.2% 0.1% 0.1% 0.2% 0.1% 0.1% 0.1% 0.1% 0.1%
LVMH Moët Hennessy - Louis Vuitton
n/a
n/a
n/a
n/a
n/a
n/a 1.5% 1.0% 1.0%
Christian Dior
n/a
n/a
n/a
n/a
n/a
n/a 0.4% 0.3% 0.3%
Subtotal Arnault family group
3
8.5% 5.2% 5.2% 8.5% 5.2% 5.2% 10.3% 7.2% 7.2%
Public
4
25.4% 20.0% 17.6% 19.4% 17.3% 14.9% 17.8% 17.8% 15.1%
Nicolas Puech
5
-
-
-
5.8% 3.5% 3.5% 5.8% 4.0% 4.0%
Treasury shares
1.0% 0.01% 0.01% 1.1% 0.0% 0.0% 1.1% 0.0% 0.0%
TOTAL
100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
(1) Voting rights that can be exercised in the General Meeting. In accordance with Article 12 of the Articles of Association of the Company, the voting right is exercised
by the bare owner for all decisions made for all General Meetings, except for decisions concerning the allocation of net income, for which the voting right is
exercised by the usufructuary. The procedures for publication and distribution of voting rights are detailed on page 253.
(2) The Hermès family group is composed of the partners of Émile Hermès SARL, their spouses, children and grandchildren, their asset holdings, and direct and
indirect shareholders in Hermès International and Émile Hermès SARL.
(3) The lines composing this subtotal were established:
s
for 2016, according to the declaration of 12 January 2017;
s
for 2015, according to the declaration of 27 January 2016;
s
for 2014, according to the declaration of 28 January 2015. The balances specified correspond to shares either not yet delivered by LVMH Moët Hennessy -
Louis Vuitton and by Christian Dior to their shareholders pursuant to the exceptional distribution in kind, or that are intended to be disposed of.
(4) These percentages correspond to the total shares and voting rights in circulation, reduced by the number of shares and voting rights declared by the identified
shareholders as mentioned in this table.
(5) This line was established:
s
for 2016: Mr Nicolas Puech did not indicate the number of shares he held. However, on 8 February 2017, he did declare that he had not crossed any
shareholding thresholds. This statement implies that, as at 31 December 2016, Mr. Nicolas Puech held or was entitled to hold between 5% and 10% of the
share capital. Not having specific information on the size of Mr Nicolas Puech’s shareholding, its participation is integrated under the “Public” heading in 2016;
s
for 2015: according to the signed declaration of 8 February 2016. Of which 900,000 shares held in the name of the Fondation Nicolas Puech;
s
for 2014: according to the signed declaration of 14 January 2015, confirmed on 13 March 2015. Of which 900,000 shares held in the name of the Fondation
Nicolas Puech.
n/a: not applicable.
7.2.2.7
Employee ownership of share capital
No shares are owned by employees of the Company or any affiliated
entities
via
theCompany savings plan or dedicated employee investment
fund.
The proportion of share capital represented by the shares held by
employees of the Group (other than senior executives and Corporate
Officers) as at 31 December 2016, including previous awards of free
shares, is less than 1% of the share capital.