Ownership

At the date on which these financial statements are prepared, the share capital of Terna S.p.A. amounts to €442,198,240, represented by 2,009,992,000 ordinary shares, with a par value €0.22 each.

Based on the register of shareholders and other information available at the date of preparation of this report, the ownership of Terna S.p.A. is analysed as follows:

  • Cassa Depositi e Prestiti S.p.A. (CdP) 29.85%;
  • Other Major Shareholders[1] 8% of which:
    • Romano Minozzi 5.6%;
    • BlackRock Inc. 2.4%;
  • Other Institutional and Retail Investors 62.2%.

TERNA’S SHAREHOLDING STRUCTURE BY TYPE

Ownership

Based on periodic surveys carried out by the Company, it is believed that 66% of the shares of Terna S.p.A. are held by Italian investors (CdP 29.85%, Retail Investors 27.8% and Institutional Investors 7.9%), with the remaining 34% being held by Foreign Institutional Investors, primarily within Europe and America.

TERNA’S SHAREHOLDING STRUCTURE BY GEOGRAPHIC AREA

Terna’s Shareholding Structure by Geographic Area

 

1) The term “Major Shareholders” is used to refer to shareholders holding an interest of more than 2% in the share capital of Terna S.p.A., on the basis of the information available and communications received in accordance with CONSOB Resolution no. 11971/99.