Press Release

Total Page：16

File Type：pdf, Size：1020Kb

Press release Luxembourg, 4 July 2011 INTERIM REVISION OF THE LUXX INDEX Following the end of the first half of 2011, there was no change to the companies that are included in the LuxX index of the Luxembourg Stock Exchange. However, an adjustment was made in the weighting of the companies making up the index, based on their closing prices, the number of shares outstanding and their free-float. Therefore, on Friday 1 July 2011, the index had the following configuration: Weighting Number Weighting Number Company at 30/06/2011 of shares at 1/03/2011 of shares Aperam 11.13% 210 14.33% 210 ArcelorMittal 19.62% 345 20.00% 345 BIP Investment Partners 2.21% 15 2.09% 15 Dexia 1.85% 364 2.62% 364 Foyer 0.80% 7 0.70% 7 KBC Group 7.07% 110 7.42% 110 Luxempart 3.19% 56 2.98% 56 Reinet Investments 17.23% 581 15.43% 581 RTL Group 10.95% 68 11.02% 68 SES 22.32% 490 20.00% 490 Socfinaf 2.27% 40* 1.83% 4 Socfinasia 1.36% 20* 1.59% 1 (* split at 01-07-2011) About the Luxembourg Stock Exchange The Luxembourg Stock Exchange began operating as a limited company in 1929, and has since gained extensive experience in listing and trading of securities from many different regions. Today the Luxembourg Stock Exchange has two markets — regulated and Euro MTF — with 29,694 international bond issues representing 42% of total international bonds listed on EU markets. It also lists some 6,440 shares and units of investment funds in around twenty currencies, offering a wide range of investment opportunities, as well as 264 depositary receipts of issuers based in emerging markets. The Exchange’s website at www.bourse.lu provides individual investors access to market information on Luxembourg securities. Additional data are available through the Finesti portal (www.finesti.com), its subsidiary specialising in information for investment funds. For any additional information please contact Christian Descoups (tel. 47 79 36 272, e-mail: [email protected]) Société de la Bourse de Luxembourg S.A. BP 165 / L-2011 Luxembourg / Siège social: 11, avenue de la Porte-Neuve T +352 47 79 36 -1 / F +352 47 32 98 / [email protected] / www.bourse.lu / RC Luxembourg B 6222.

Copy Link

Recommended publications

Lux-Avantage
LUX-AVANTAGE Société d'Investissement à Capital Variable (SICAV) de droit luxembourgeois à compartiments multiples Investmentgesellschaft mit variablem Kapital (SICAV) luxemburgischen Rechts mit mehreren Teilfonds R.C.S. Luxembourg B 46 041 Rapport semestriel non révisé Ungeprüfter Halbjahresbericht au / zum 31 mars / März 2013 Ce rapport est un document d'information à l'usage des actionnaires. Les souscriptions ne peuvent être acceptées que sur la base du prospectus d'émission courant, accompagné du dernier rapport annuel et semestriel si celui-ci est plus récent que le rapport annuel. Ces documents seront adressés gratuitement à toute personne qui en manifestera le désir. Dieser Bericht ist ein Informationsdokument für die Anteilsinhaber. Zeichnungen erfolgen auf der Basis des zur Zeit gültigen Verkaufsprospekts mit dem letzten Jahresbericht und dem letzten Halbjahresbericht, sollte dieser jüngeren Datums sein. Diese Dokumente werden jedem auf Anfrage kostenlos zugestellt. LUX-AVANTAGE Sommaire / Inhaltsverzeichnis Organisation / Management und Verwaltung ..................................................................................... 2 Informations générales / Allgemeine Informationen ......................................................................... 5 Rapport d'activité / Aktivitätsbericht ................................................................................................ 11 LUX-AVANTAGE I ...............................................................................................................................
[Show full text]
Annual Report 2019
ANNUAL REPORT 2019 ANNUAL REPORT 2019 CONTENTS Annual report 2019 Management report on consolidated accounts p. 6 Corporate Governance p. 29 Annual remuneration report p. 53 Information on Corporate Social Responsibility (CSR) p. 57 Operational Group Chart p. 58 Our main investment lines p. 60 Fund of Funds: our main lines p. 78 Financial information IFRS consolidated Financial statements p. 84 Annual accounts and report of the réviseur d’entreprises agrée p. 134 Contents 5 2019 MANAGEMENT REPORT ON THE SOCIAL AND CONSOLIDATED FINANCIAL STATEMENTS as at 31 December 2019 OUR DNA Luxempart is a Luxembourg based investment holding › Investments are realized along the following company with more than 25 years of existence, an estimated guidelines net asset value of 1.58 € billion and a market capitalisation • investment amounts up to € 100 million of nearly 1.1 € billion as of end of 2019. • investment in listed and non-listed companies • no exit pressure Luxempart invests in several European countries, mainly • involvement on board level in the DACH region (Germany, Austria and Switzerland), • supportive, hands-on approach Luxembourg, Belgium and France. Its core team is based • no sector focus but affinity for energy, insurance, tele- in Luxembourg. communication, security, health care and education Luxempart also holds a fund of funds portfolio through Luxempart shareholders and management believe in investments in selected European funds. It is a sponsor of value creation through patient involvement, European several closely associated funds in Italy, France and Ger- mind-set and ambitious team spirit. many. Luxempart will develop, next to its direct investment activity, its fund exposure to additional geographies and Our evolution has been characterized by a successful di- strengthen its fund team.
[Show full text]
Luxx Price Index
LuxX Price and return BASIS 1,000 AS OF 4TH JANUARY 1999 2021 The LuxX Index The LuxX Index is a basket index with a twofold computation, ie the Price LuxX Index and the Return LuxX Index. The Price index is published as of 4 January 1999. The Return LuxX Index is similar to the Price index except that it takes into account the stripped net dividends. In so doing, it enables the investors to assess their return on investment. The Return index has been published since 31 March 1999. 1. INDEX ENTRY REQUIREMENTS 3. THE LUXX INDEX IS A BASKET INDEX a) all shares issued by Luxembourg companies listed on the The LuxX Index relies on a basket of easily tradable securities Luxembourg Stock Exchange having directly or indirectly meeting the requirements defined above. an economic activity in Luxembourg, a significant activity on the Luxembourg Stock Exchange market or whose part The number of securities included in the basket for a given of the shareholders is Luxembourg-based are eligible. share is obtained by applying its weight to the basis The Executive Committee decides on the eligibility capitalisation of the index basket. The resulting amount in respect of each company by assessing whether one is then divided by the last stock exchange price of the month of these requirements are adequately met; preceding the index update date. b) the LuxX Index is an open index, which means that the number of eligible constituent companies is not limited. 4. REVISION OF THE INDEX CONSTITUENTS As a matter of fact, any company meeting the requirements specified in paragraph above can be retained among A revision of the LuxX Index constituents is made annually the index constituents.
[Show full text]
Annual Report 2007 Contents
Annual Report 2007 Contents KEY FIGURES 05 THE COMPANY AND ITS ENVIRONMENT 06 The Company 07 2007 highlights 08 Share price and net asset value 08 Chairman’s statement 09 Governing bodies 11 Governance of BIP 13 PORTFOLIO 18 Public equity 19 Private equity 29 FINANCIAL INFORMATION 42 Report of the Board of Directors to the General Meeting of shareholders 43 Consolidated nancial statements for the year ended 31 December 2007 51 Independent auditor’s report 84 Summary separate annual nancial statements for the year ended 31 December 2007 85 This is a translation of the of cial report written in French and has been prepared for the convenience of English-speaking readers. In the event of any discrepancy between this document and the French original, only the French original is authoritative. 5 Key Figures in EUR 31.12.2007 31.12.2006 Per share data Estimated value 123.85 106.21 Market price 98.00 80.50 Dividend (proposed) 3.40 3.00 Diluted net income per share 15.14 14.94 EUR millions 31.12.2007 31.12.2006 Earnings Net income 71.5 71.0 Balance sheet Equity 580.7 501.8 Total assets 591.0 510.6 EUR millions 31.12.2007 % 31.12.2006 % Investments Listed companies 384.4 67 318.5 64 Direct private equity investment 84.3 15 92.5 18 Private equity funds 39.6 7 30.9 6 Loans and other accounts 2.8 0 3.8 1 receivable Total non-current investments 511.1 89 445.7 89 Trading assets 7.2 1 10.7 2 Cash at banks 58.8 10 45.3 9 Total investments 577.1 100 501.7 100 31.12.2007 31.12.2006 Shares Total shares issued 4 773 321 4 773 321 Shares held by the Company 84 828 48 534 THE COMPANY AND ITS ENVIRONMENT The Company and its environment / 7 | The Company | BIP Investment Partners SA (BIP) is an investment company founded in April 2000 under the name BGL Investment Partners at the joint initiative of Banque Générale du Luxembourg (BGl), now Fortis Banque Luxembourg, and a group of private investors in Luxembourg.
[Show full text]
EN Luxx Interim Revision 18-02-2014
Press release Luxembourg, 18 February 2014 Interim Revision of the LuxX Index As a result of the delisting of the shares of BIP Investment Partners (ISIN LU0110790085) from the official list of the Luxembourg Stock Exchange, scheduled for Friday, 28 February 2014 after market closing, the new composition of the basket used to calculate the LuxX index (base 1,000 as at 04/01/1999) will consist of the following as of Monday, 24 February 2014: Weighting at Number of Weighting at Number of Company 24/02/2014* shares 2/01/2014 shares Aperam 7.77% 209 6.31% 209 ArcelorMittal 19.06% 685 20.00% 685 BIP Investment Partners / / 1.34% 10 Foyer 0.75% 5 0.80% 5 KBC Group 11.99% 117 11.28% 117 Luxempart 2.61% 40 2.64% 40 Reinet Investments 14.74% 471 14.91% 471 RTL Group 19.44% 93 20.00% 93 SES 20.75% 362 20.00% 362 Socfinaf 1.38% 34 1.33% 34 Socfinasia 1.51% 23 1.39% 23 *Estimate based on closing prices of 17 February 2014. About the Luxembourg Stock Exchange (LuxSE) The Luxembourg Stock Exchange is the leading exchange for the listing of international securities. It offers a high quality and efficient listing service that meets the needs of international capital markets and their participants. The long experience of the LuxSE in international securities combined with its established listing procedures attract a very wide range of issuers and financial instruments. Currently, the Luxembourg Stock Exchange has around 40,000 quotation lines, including some 26,500 related to bonds.
[Show full text]
Commission De Surveillance Du Secteur Financier
COMMISSION ANNUAL DE SURVEILLANCE REPORT DU SECTEUR 2009 FINANCIER Commission de Surveillance du Secteur Financier 110, route d’Arlon L - 2991 LUXEMBOURG Tel.: (+352) 26 251-1 Fax: (+352) 26 251-601 E-mail: [email protected] Website: http://www.cssf.lu Cut-off date: 1 March 2010. The reproduction of the annual report is authorised, provided the source is acknowledged. Design: metaph Printed by: Imprimerie Centrale PREFACE After the shock of the financial crisis in autumn 2008 which affected the Luxembourg financial centre, 2009 started in an atmosphere of suspense. Ultimately, that year finished with results which seem, at first glance, to suggest a return to a normal situation. The depositors’ and investors’ trust gradually returned and the actors of the financial sector started to spread again their activities. The financial markets in particular were revived, which generally allowed the different types of undertakings for collective investment, including specialised funds, SICARs, pension funds and securitisation vehicles to rake in new money and to observe a growth of their investment. However, the profits which the banks registered again give a deceptive image of good health which cannot sustain when carrying out a more in-depth analysis. The profits mainly result from unusually high interest rate margins at the beginning of the year, from a slight decrease in operating costs and from the purely accounting effect registered following the partial offset of capital loss which had been incurred during the peak of the crisis. Thus, if the 2009 results justify in themselves a certain feeling of relief given the prevailing fears at the beginning of the year, they still do not offer a solid basis for a sustainable growth in 2010 and after.
[Show full text]
Vanguard Total International Stock Index Fund Annual Report October
Annual Report | October 31, 2020 Vanguard Total International Stock Index Fund See the inside front cover for important information about access to your fund’s annual and semiannual shareholder reports. Important information about access to shareholder reports Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of your fund’s annual and semiannual shareholder reports will no longer be sent to you by mail, unless you specifically request them. Instead, you will be notified by mail each time a report is posted on the website and will be provided with a link to access the report. If you have already elected to receive shareholder reports electronically, you will not be affected by this change and do not need to take any action. You may elect to receive shareholder reports and other communications from the fund electronically by contacting your financial intermediary (such as a broker-dealer or bank) or, if you invest directly with the fund, by calling Vanguard at one of the phone numbers on the back cover of this report or by logging on to vanguard.com. You may elect to receive paper copies of all future shareholder reports free of charge. If you invest through a financial intermediary, you can contact the intermediary to request that you continue to receive paper copies. If you invest directly with the fund, you can call Vanguard at one of the phone numbers on the back cover of this report or log on to vanguard.com. Your election to receive paper copies will apply to all the funds you hold through an intermediary or directly with Vanguard.
[Show full text]
Chapter X Supervision of Securities Markets Supervision of Securities Markets
CHAPTER X SUPERVISION OF SECURITIES MARKETS SUPERVISION OF SECURITIES MARKETS 1. Approval of prospectuses for securities relating to offers to the public or admissions to trading on a regulated market 2. Takeover bids 3. Mandatory squeeze-out and sell-out of securities 4. Supervision of issuers of securities of which the CSSF is the competent authority 5. Enforcement of financial information 6. Supervision of markets and market operators 7. Investigations and cooperation SUPERVISION OF SECURITIES MARKETS 1. APPROVAL OF PROSPECTUSES FOR SECURITIES RELATING TO OFFERS TO THE PUBLIC OR ADMISSIONS TO TRADING ON A REGULATED MARKET 1.1. Application of the Prospectus Law Unlike in 2012, there were no great changes in the regulation applicable to prospectuses for securities in 2013. Indeed, only the Commission Delegated Regulation (EU) No 759/2013 of 30 April 2013 amending Regulation (EC) No 809/2004 as regards the disclosure requirements for convertible and exchangeable debt securities was published. Following the entry into force of the law of 3 July 2012 transposing Directive 2010/73/EU and amending the law of 10 July 2005 on prospectuses for securities (Prospectus Law), some issuers have benefited from a grandfathering clause in relation to the adaptation of the update of their base prospectus to the new regulation until the end of June 2013. A lot of these issuers did not wait until the end date of June 2013 to submit their first base prospectus under the new regulation but had already submitted their draft base prospectus in March 2013 so as to avoid being under pressure if an unexpected event occurs due to the changes to be made pursuant to the new regulation.
[Show full text]
Commissioned Research
Commissioned Research Luxembourg │ Investment company │ www.luxempart.lu │ August 02 2021 Closing share Price (30/07/2021) Luxempart EUR 58.50 Target valuation range Discount season is almost over EUR 69.00 - 84.00 Impressive track record with 10-year CAGR > 12%... Risk Low Over the past 10 years, Luxempart realised a 12.2%, CAGR, making it the 4th best Reuters LUX.LU performer in our coverage. The only investment companies preceding are Sofina Bloomberg LXMP LX and Brederode, which have a similar hybrid portfolio, and Tubize, a mono-holding. Shares number (m) 20.08 …but with a clear ‘return and discount’ mismatch Market cap. (m) 1,175 Over the last 3 years, Luxempart has clearly outperformed its benchmark. NAV 30/07/2021 92.69 NAV/share increased at a CAGR of 8.1% since 2018 whereas its TSR only rose by -36.1% (Discount)/Premium 2.4%. Hence, its discount increased, whereas it should have decreased, to a ~37% 1 year price perf. 22.4% record level. Normally, players having a similar portfolio all trade at or above NAV Diff. with Euro Stoxx -7.8% as discounts declined at such well-performing investment companies. Volume (sh./day) 1,968 Road towards lower discount is clear and achievable H/L 1 year 61.00 - 44.00 In our view, this mismatch is unjustified and has nothing to do with its portfolio. Free Float 23.9% We believe factors like transparancy, visibility and liquidity are hurting today’s Foyer Finance 50.4% discount. Therefore, we suggest 5 specific measures, Luxempart can take to reduce Sofina Group 6.1% this discount and unlock additional
[Show full text]
Seeking Opportunities for Bigger Impact: Climate Performance in the Benelux CDP Benelux Climate Change Report 2014
1 Seeking opportunities for bigger impact: Climate Performance in the Benelux CDP Benelux Climate Change Report 2014 On behalf of 767 investors with assets of US$92 trillion. Report writer Scoring Partner 2 Key messages Out of the 142 companies that were invited to respond to the CDP in the Benelux, only 44% responded, but these represented a market 1 capitalization of over 95%. Climate reporting has become the norm among major Benelux companies, but is not yet common practice among other stock-listed companies. The total amount of greenhouse gases emitted by the Benelux companies in this analysis has remained largely unchanged since last 2 year – 334 million metric tons CO2e. Companies have been taking measures to reduce emissions, but the overall effects have been offset by increases due to other factors such as increasing business activities or adverse weather conditions. The Benelux companies with best climate performance are among the global leaders, but the average performance has decreased, shifting 3 from B to C. Eight Benelux companies received an A band for climate performance, and can be considered Climate Performance Leaders, but the gap with the pack is large. The eight Climate Performance Leaders set higher ambition levels and 4 stricter targets. All Climate Performance Leaders have targets, and 88% have absolute targets, while few than half of the other companies do. Climate Performance Leaders invest in climate initiatives that make 5 business sense as well as reduce emissions. The majority (55%) of emissions reduction investments of Climate Performance Leaders pay back within 3 years, while this is only 47% across the other group of companies.
[Show full text]
CDP Benelux 150 Climate Change Report 2013 Summary Findings
CDP Benelux 150 Climate Change Report 2013 Summary findings On behalf of 722 investors with assets of US$ 87 trillion Report writer Scoring partner Content 01 The evolution of CDP 02 CEO Foreword 03 Foreword to the CDP Benelux 150 Report 2013 04 Performance Leaders 2013 Climate Performance Leadership Index (CPLI) 05 Disclosure Leaders 2013 Climate Disclosure Leadership Index (CDLI) 06 Key statistics 09 FirstCarbon Solutions Scoring Commentary 10 Responding companies, scores and emissions data 11 Non responding companies 12 Investor members 13 Investor signatories 18 Contacts Important Notice This content is for general information purposes only, and should not be used as a substitute for consultation with professional advisors. The contents of this report may be used by anyone providing acknowledgement is given to Carbon Disclosure Project (CDP). This does not represent a license to repackage or resell any of the data reported to CDP or the contributing authors and presented in this report. If you intend to repackage or resell any of the contents of this report, you need to obtain express permission from CDP before doing so. PwC and CDP have prepared the data and analysis in this report based upon the Benelux regions responses to the CDP 2013 climate change information request. No representation or warranty (express or implied) is given by PwC or CDP as to the accuracy or completeness of the information and opinions contained in this report. You should not act upon the information contained in this publication without obtaining specific professional advice. To the extent permitted by law, PwC and CDP do not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this report or for any decision based on it.
[Show full text]
Holding & Investment Companies Overview
HOLDING & INVESTMENT COMPANIES OVERVIEW May 22nd 2013 Jan-Willem Billiet +32 2 429 45 04 [email protected] Tom Simonts +32 2 429 37 22 [email protected] Table of contents Financial calendars ................................................................................................................................................. 3 Valuation matrix & Recommendation overview .............................................................................................. 4 Dividend data ............................................................................................................................................................ 5 Valuation graphs ...................................................................................................................................................... 6 Average holding discount ..................................................................................................................................... 7 Sector performance ................................................................................................................................................ 8 Track record .............................................................................................................................................................. 9 Favourite list .............................................................................................................................................................. 10 Cascade structures and traditional
[Show full text]