Corporate Governance
Information pursuant to the SIX Swiss Exchange Directive on Information Relating to Corporate Governance.
1 Group structure and shareholders
Group structure
Tecan Group Ltd. (the Company), Seestrasse 103, 8708 Männedorf, Zurich, Switzerland, is the parent company of the Tecan Group.
The Company is listed on the SIX Swiss Exchange.
| Symbol: | TECN |
| Security number: | 1,210,019 |
| ISIN: | CH0012100191 |
| Telekurs Financial: | TECN |
| Bloomberg: | TECN SW |
| Reuters: | TECN.S |
As at December 31, 2013, the Company’s market capitalization was CHF 1,169 million (shares outstanding). The list of consolidated subsidiaries, none of which is publicly listed, is presented in the financial section on page 124 of this Annual Report. The operational Group structure is based on a customeroriented division into the business segments Life Sciences Business (end customers) and Partnering Business (OEM customers). The segment reporting based on this structure is presented in the financial section on page 86 of this Annual Report.
Major shareholders
As at December 31, 2013, the following shareholders held more than 3 % of Tecan’s shares:
2012 | 2013 | |||
|---|---|---|---|---|
Shares | % | Shares | % | |
Chase Nominees Ltd., London (GB) | 1,546,910 | 13.5 % | 1,546,910 | 13.5 % |
ING Groep N.V., Amsterdam (NL) | 1,051,540 | 9.2 % | 1,051,540 | 9.2 % |
UBS Fund Management (Switzerland) AG, Basel (CH) | 584,374 | 5.1 % | 584,374 | 5.1 % |
Pictet Funds SA, Geneva (CH) | 573,325 | 5.0 % | 572,591 | 5.0 % |
APG Algemeine Pensioen Groep N.V., Amsterdam (NL) |
| <3.0 % | 383,102 | 3.3 % |
Credit Suisse Asset Management Funds AG, Zurich (CH) | 368,034 | 3.2 % | 368,034 | 3.2 % |
Tecan Group Ltd., Männedorf (CH) | 546,590 | 4.8 % | 362,840 | 3.2 % |
Artisan Partners Limited Partnership, Milwaukee (US) | <3.0 % | 350,790 | 3.1 % | |
Norges Bank (the Central Bank of Norway), Oslo (NO) | 350,520 | 3.1 % | 350,520 | 3.1 % |
Numbers of shares according to the most recent shareholder notifications to SIX; the percentages are adjusted to the actual share capital as at the end of the reporting period.
The Company does not have any cross-shareholdings exceeding 5 % of the capital or voting rights on both sides.