•     Last Update 19.8.2010
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Again stable, internationally widespread ownership structure

The Vossloh Family Pool, a civil-law association, holds a stake of around 31 percent in the Company’s capital stock.

The Vossloh Family Pool (“Familiengemeinschaft Vossloh GbR”), which views its stake as a long-term investment, holds a stake of around 31 percent in the Company's capital stock.

Following the completion in March 2009 of the stock repurchase program, Vossloh AG holds 1,476,230 treasury shares, equivalent to 9.98 percent of its capital stock. The program for the reacquisition on the stock exchange of up to 1,479,582 treasury shares (10 percent of the capital stock) was rolled out on October 16, 2008, and completed on March 20, 2009. More information on the program here. In October 2009, the Executive Board decided that 3,352 treasury shares from this portfolio would be reclassified as available to employees in the course of the employee bonus program 2009.

An ownership structure survey of January 2010 revealed that private investors held around 15 percent of the stock, more than double the proportion of the previous year. Accordingly, the percentage of institutional investors slipped from 54 to 44 percent. Regionally, there have been shifts, too. At the time of the survey, the institutional investors were mainly in the USA, UK, and Ireland as well as Germany, with the latter’s share rising noticeably. Larger parcels of stock are now held by investors in Scandinavia and Switzerland while non-European and French investors meanwhile command a lower proportion.

Generation Investment Management LLP, London, UK, announced in a notification according to the German Securities Trading Act (“WpHG”) that its stake in Vossloh AG as of February 1, 2010, was 5.02 percent, equivalent to 742,813 shares. Generation has been investing in Vossloh since 2008 and during the period under review its stake had hovered, according to notifications, between 2.92 percent on January 26, 2009, and 3.07 percent on October 7, 2009.

Ownership structure of Vossloh AG, survey as of Jan. 31, 2010, by IPREO