real estate, financial services, infrastructure

Shareholders' Information

The par value of ordinary shares of Kardan N.V. is EUR 0.20. The ordinary shares of Kardan N.V. are listed on Euronext Amsterdam since 10 July 2003 with the trading symbol ‘KARD’. Kardan is also listed on the Tel-Aviv Stock Exchange, with the symbol ‘KRNV’. The ISIN code of Kardan N.V. is NL000011365.2 and the Dutch security code (fondscode) is ’KARD’.

 

Distribution of shares

As of December 31, 2009 a total of 111,824,683 ordinary shares have been issued and are outstanding.

 

Key financials per share

Key financials per share

2009

2008

2007

Basic earnings

(0.91)

0.63

1.11

Deluted earnings

(0.92)

0.28

1.10

Total consolidated equity

8.8

10.0

13.3

Equity net of minority interest

2.6

3.3

4.2

Share prices in 2008

Euronext
(EUR)

TEL-AVIV
(NIS)

Highest share price

5.5

30.30
Lowest share price

1.5

7.82
Year-end

4.1

22.59


Liquidity Provider

Amsterdams Effectenkantoor B.V. (AEK) acts as a liquidity provider for the Kardan shares listed on Euronext Amsterdam.

 

Dividend Policy

The dividend policy recommends an annual distribution of between 20% to 30% of net income. This recommendation will take into consideration the level of net income, liquidity and the capital position, future financing requirements, and financial covenants of the Company, all within the limitations of the law. It should be noted that due to the nature of the Company’s strategy and the structure of its earnings, dividend distributions may vary from year to year.