Information for investors and analysts
Details of the share and distribution to shareholders
In 2011, an overall performance of 4.3% was achieved with the Allreal share, based on the market price of 1 January 2011. This performance comprises the price gain (0.2%) and the distribution to shareholders (4.1%).
In the past three years, investors obtained an annualised overall performance of 19.6% (2009), 17.1% (2010) and 4.3% (2011) with the Allreal share, corresponding to an average constant return of 15.4% p.a.
On 31 December 2011, the Allreal Group’s market capitalisation stood at CHF 1863.3 million. As at the balance sheet date, consolidated equity came to CHF 1607.4 million, resulting in a premium (difference between the market price and equity per share) of 15.9 percent (31.12.2010: 18.7%).
The Board of Directors will propose to the annual general meeting of 30 March 2012 a distribution of CHF 5.50 (unchanged from the previous year) per registered share in the form of a repayment of reserves from contribution of capital (“capital contribution principle”).
The distribution amounts to 69.0 percent of the net profit excl. profit from revaluation effect, corresponding to a cash yield of 4.0 percent, based on the closing price of the registered share on 31 December 2011.
Share price (indexed)
January 2011–December 2011
Key share data
|
|
| 2011 |
| 2010 |
|
|
|
|
|
|
Issued share capital on 31 December | CHF million |
| 683.2 |
| 683.2 |
Approved capital on 31 December | CHF million |
| 86.1 |
| 86.1 |
Conditional capital on 31 December | CHF million |
| 134.8 |
| 134.9 |
Issued shares on 31 December | Number |
| 13 664 271 |
| 13 663 911 |
Equity shares on 31 December | Number |
| 13 463 |
| 10 365 |
Outstanding shares on 31 December [1] | Number |
| 13 650 808 |
| 13 653 546 |
Annual average of outstanding shares | Number |
| 13 616 086 |
| 13 217 556 |
Market price high | CHF |
| 148.00 |
| 138.30 |
Market price low | CHF |
| 128.00 |
| 114.00 |
Market price on 31 December (tax value) | CHF |
| 136.50 |
| 136.20 |
Market capitalisation on 31 December [2] | CHF million |
| 1 863.3 |
| 1 859.6 |
Average trading volume per day (on-exchange) | Number |
| 10 261 |
| 10 399 |
[1]Number of shares issued minus treasury shares
[2]Market price on 31 December multiplied by number of outstanding shares on 31 December
Share statistics
Share type | Registered share |
Par value per share | CHF 50 |
Securities number | 883 756 |
SIX symbol | ALLN |
ISIN | CH0008837566 |
Bloomberg | ALLN SW |
Shareholder structure as at 31 December 2011
Number of shares | Number of shareholders | Number of shares | % |
|
|
|
|
>409 927 shares (>3%) | 7 | 5 160 559 | 38 |
100 001–409 927 shares | 14 | 2 627 004 | 19 |
10 001–100 000 shares | 70 | 2 317 078 | 17 |
1001–10 000 shares | 339 | 1 027 211 | 8 |
1–1000 shares | 2 395 | 604 381 | 4 |
Total registered | 2 825 | 11 736 233 | 86 |
| |||
Not registered |
| 1 928 038 | 14 |
Total shares |
| 13 664 271 | 100 |
54.6% of the share capital is owned by institutional investors (pension funds and insurance companies) and 8.8% by natural persons. A further 22.5% is owned by legal entities, such as investment funds, foundations and banks. 14.01% of the share capital has not been submitted for registration in the share register. Foreign investors own 3.8% (registered shares).
2.50% bond issue 2011–2016
Allreal Holding AG issued a fixed-rate bond of CHF 150.0 million in the second quarter of 2011. CHF 148.6 million accrued to the company from the issue of the 2.50% bond 2011–2016 with payment date 12 May 2011 after deduction of issuing costs.
Further information on the bond issue can be found on page 98 of the Annual Report or in the issue prospectus of 10 May 2011.
|
| 2011 |
|
|
|
Market price high % |
| 106.00 |
Market price low % |
| 101.30 |
Market price on 31 December % |
| 104.25 |
Average volume per recorded trading day (on-exchange) CHF million |
| 0.12 |
Price of 2.50% bond issue 2011–2016 (in percent)
10 May 2011–December 2011
Amount of the bond | CHF 150 million |
Type of bond | Bearer bond |
Par value/denomination | CHF 5 000 |
Issue price | 100.45% |
Coupon | 2.125% p.a., payable annually on 12 May |
Term | 5 years |
Redemption | On 12 May 2016 at par |
Securities number | 12 248 748 |
SIX symbol | ALL11 |
ISIN | CH0122487488 |
2.125% convertible bond 2009–2014
In the second half of 2009, a 2.125% convertible bond of CHF 200.0 million with a term of five years was placed through a bookbuilding process. The issuing costs amounted to CHF 4.7 million.
In 2011, CHF 0.05 million in convertible bonds were converted at an exercise price of CHF 138.75 into Allreal registered shares. The outstanding convertible bond thus amounts to CHF 199.95 million par as at 31 December 2011.
Further information on the convertible bond can be found on pages 98 and 99 of the Annual Report or in the issue prospectus of 21 November 2009.
|
| 2011 |
| 2010 |
|
|
|
|
|
Market price high % |
| 105.35 |
| 105.00 |
Market price low % |
| 101.80 |
| 99.90 |
Market price on 31 December % |
| 102.20 |
| 104.30 |
Average volume per recorded trading day (on-exchange) CHF million |
| 0.15 |
| 0.29 |
Price of 2.125% convertible bond 2009–2014 (in percent)
January 2011–December 2011
Amount of convertible bond | Amount CHF 199.95 million (originally CHF 200.0 million) |
Type of convertible bond | Bearer bond |
Par value/denomination | CHF 5 000 |
Issue price | 100% |
Coupon | 2.125% p.a., payable annually on 9 October |
Maturity | 5 years |
Repayment | At the latest on 9 October 2014 at par |
Conversion price | CHF 138.75 |
Securities number | 10 553 767 |
SIX symbol | ALL09 |
ISIN | CH0105537671 |