The share capital of SEA amounts to 27,500,000 Euro, comprising 250 million shares of a par value of 0.11 Euro, of which 137,023,805 Class A shares, 74,375,102 Class B shares and 38,601,093 other shares.
In case of divestment of the majority of the Company's capital, Class A shareholders must guarantee Class B shareholders a right to co-sale. Class A shareholders have a pre-emption right on the sale of Class B shares.
Structure of the Share Capital
|9 bodies/companies||Municipality of Milan (*)||54.81%|
|Province of Varese||0.64%|
|Municipality of Busto Arsizio||0.06%|
|Other public shareholders||0.08%|
|2i Aeroporti SpA||35.75%|
|F2i Sgr SpA (**)||8.62%|
|Other private shareholders||0.04%|
(*) Holder of Class A shares
(**) On behalf of F2i – second Italian Fund for infrastructure
Structure of SEA Group
SEA holds controlling shareholdings in the companies listed below, upon which direction and coordination are exercised in accordance with Article 2497 and subsequent of the Civil Code:
Structure of SEA Group
|Company||Country of establishment/location||% of the share capital|
|SEA Energia SpA||Italy, Segrate (MI)||100.00|
|Consorzio Malpensa Construction||Italy, Milan||51.00|
|SEA Prime SpA||Italy, Milan||98.34|
* In relation to the holding of SEA in AA2000, on June 30, 2011, SEA SpA and Cedicor S.A, in execution of the agreement of August 9, 2006, signed a contract concerning the sale by SEA of the above stake in AA2000, subject to the approval of the Regulador del Sistema Nacional de Aeropuertos, which has not yet been issued at the approval date of the 2016 Annual Financial Report of the SEA Group.
(**) On February 22, 2017, the Board of Directors of SEA SpA resolved to authorize the dissolution and liquidation of the Consorzio Malpensa Construction. On March 15, 2017, Consorzio's Board of Directors resolved to do so by approving its dissolution and liquidation.
(***) On April 1, 2016, 60% of shares were transferred by SEA Prime, which owned 100% of the shares, to Signature Flight Support UK Regions Limited. Following the loss of control, the company Signature Flight Support Italy Srl is classified as an affiliated company. In February 2017, it changed company name, going from Prime AviationServices SpA to Signature Flight Support Italy Srl.
(****) The Extraordinary Shareholders' Meeting of Romairport of February 23, 2017 resolved the transformation of the Company from SpA to Srl.