Ownership structure
This section contains our shareholding structure, with a strong participation of institutional investors and no shareholder agreements.
Updated to 24th November 2020 in line with the Shareholder’s Register, mainly on the bases of the dividend pay-out dated 20th May 2020, with the integration of information pursuant to article 120 of consolidated law on financial intermediation and other available information.
| December 31 2018 | December 31 2019 | Current | |
| Institutional investors | 41.77% | 38.24% | 40.90% |
| Main shareholders (>3%) | 24.93% | 26.89% | 27.15% |
| Mediobanca Group | 13.04% | 13.03% | 12.97% |
| Caltagirone Group | 4.79% | 5.36% | 5.36% |
| Del Vecchio Group | 4.07% | 4.86% | 4.84% |
| Benetton Group | 3.04% | 4.00% | 3.98% |
| Retail shareholders | 24.38% | 25.46% | 23.99% |
| Other Investors | 8.89% | 8.80% | 7.80% |
| Not identifiable shareholders | 0.03% | 0.61% | 0.16% |
Having considered the temporary measures issued by CONSOB resolutions no. 21304 of 17 March 2020, no. 21326 of 9 April 2020, no. 21352 of 6 May 2020, no. 21404 of 17 June 2020, no. 21434 of 8 July 2020, no. 21525 of 7 October 2020 and no. 21672 of 13 January 2021, in effect from 18 March 2020 to 13 April 2021, information regarding the holdings between 1% and 3% disclosed by New B&D Holding Group (1.45% s.c.) and Fondazione Cassa di Risparmio di Torino (1.30% s.c.) is also provided.
Geographic breakdown
| December 31 2018 | December 31 2019 | Current | |
| Italy | 60.67% | 64.03% | 61.89% |
| World | 39.33% | 35.97% | 38.11% |
| United States | 10.19% | 10.37% | 10.35% |
| Great Britain | 5.94% | 7.24% | 5.37% |
| France | 7.26% | 5.40% | 4.79% |
| Germany | 2.53% | 2.52% | 2.19% |
| China | 1,19% | 0,71% | 0,53% |
| Rest of Europe | 9,32% | 6,36% | 10,93% |
| Rest of world | 2,77% | 2,76% | 3,72% |
| Not identifiable shareholders and communications not received | 0,03% | 0,61% | 0,23% |
Breakdown by number of shares held
| Shareholdings (From - to) |
Number of shareholders | % of the share capital |
| 1 - 10,000 | 195,502 | 15.57% |
| 10,000 - 100,000 | 7,070 | 12.05% |
| 100,000 - 200,000 | 479 | 4.25% |
| 200,000 - 500,000 | 358 | 7.04% |
| 500,000 - 1,000,000 | 135 | 6.11% |
| 1,000,000 - 5,000,000 | 108 | 15.87% |
| 5,000,000 - 10,000,000 | 12 | 5.26% |
| 10,000,000 - 50,000,000 | 14 | 14.90% |
| >50,000,000 | 3 | 21.79% |
| Total identifiable shareholders | 203,681 | 99.84% |
| Not identifiable shareholders | 0.16% | |
| Total | 100.00% |