As of 31 March 2013, approximately 33.9 % of the shares were in free float. As at the close of the previous year, the remaining approximately 61.9 % continued to be held by KAPSCH-Group Beteiligungs GmbH. Furthermore, to the company’s knowledge, funds managed by Capital Research and Management Company held 4.2 % of the voting rights.
Core shareholder. KAPSCH-Group Beteiligungs GmbH is a wholly-owned subsidiary of DATAX HandelsgmbH. The shares in DATAX HandelsgmbH are held in equal proportions by Traditio-Privatstiftung, ALUK-Privatstiftung and Children of Elisabeth-Privatstiftung, each a private trust under the Austrian Law for Private Trusts (Privatstiftungs-
gesetz). Each of these private trusts is managed by a separate executive board (Stiftungsvorstand) and no person serves on the executive board of more than one of the three private trusts. The beneficiaries of these private trusts are Georg Kapsch and members of his family (Traditio-Privatstiftung), Kari Kapsch and members of his family (ALUK-Privatstiftung) and Elisabeth Kapsch and members of her family (Children of Elisabeth-Privatstiftung).
Free float. Kapsch TrafficCom AG has a widely diversified shareholder structure. In addition to the core shareholder, KAPSCH-Group Beteiligungs GmbH, institutional investors dominate at 27.2 %, with the top ten investors holding in aggregate 67.4 % of that share. The share of private investors totals 7.7 %, including the shares held by Erwin Toplak, the COO of Kapsch TrafficCom AG. The remaining 3.2 % is held by other investors, including shares in trading positions. Based on information available to the company, the majority of the institutional investors come from Anglo-Saxon countries, the U.K. and Ireland (26.5 %) as well as North America (21.3 %). Austrian institutional investors hold 23.1 % of the shares, and the remaining 29.1 % is attributable to investors in continental Europe (excluding Austria).