By buying a VINCI share, you become the owner of a fraction of the company’s capital. At 31 December 2023, individual shareholders represented 10.7% of VINCI’s capital.
You are thus investing in the development of a high-performance group, the world leader in concessions, energy and construction.
As a shareholder, you have the following rights:
• To vote at shareholders meetings
• To receive dividends
• To be informed about the company and its earnings
• To participate in operations affecting the company’s share capital.
Breakdown of share capital at 31 december 2023
as a percentage of capital
| Investors | Breakdown of share capital at 31 december 2023 |
|---|---|
| Institutional investors | 73.2% |
| North America | 23.0% |
| Rest of Europe | 14.7% |
| United Kingdom | 16.6% |
| Rest of the world | 4.8% |
| French institutional | 14.1% |
| Employees | 10.2% |
| Individual investors | 10.7% |
| Treasury shares | 3.1% |
| Qatari Holding LLC | 2.8% |
Shareholding structure
589.0 m shares
Over 1,000 institutional investors
166,000 Group employees and former employees are shareholders, including approximately 38,000 outside France
Holding methods
Your VINCI shares may be bearer shares, managed registered shares or pure registered shares. There are a certain number of advantages to owning registered shares, whether pure or managed, in particular as regards information about the company.
| Registered | Bearer | ||
|---|---|---|---|
| Pure | Managed | ||
| Account holder | CM-CIC Securities. | Your financial intermediary, who transmits your details to CM-CIC Securities. | Your financial intermediary. |
| Custodian and management fee | Free of charge. | Depending on the fee charged by your financial intermediary. | |
| Information about VINCI | Automatic receipt of shareholders’ newsletters, the notice of shareholders meetings and information about VINCI distributed by the VINCI Shareholder Relations Department. | On receipt of your request from your financial intermediary or VINCI. | |
| Shareholders meeting | The notice of shareholders meeting and admission card request form are sent to you directly. There is no need to immobilise your shares, as your shareholder status is proven by the registering of the VINCI shares credited to your account. | On request to your financial intermediary. Immobilisation of your shares until the day the meeting is held (certificate of non-transferability) is compulsory to be able to vote at the shareholders meeting. | |
| Share orders | CM-CIC Securities receives and executes (buy and/or sell) orders from VINCI shareholders. | Orders are managed through your financial intermediary. | |
| Dividend | Paid directly by CM-CIC Securities. | Paid by your financial intermediary. | |
| Tax declaration | You will receive a single tax declaration form (IFU) for your VINCI shares (dividend, capital gains, etc.). | You will receive a tax declaration form covering all your securities transactions from your financial intermediary. | |
Advantages of pure registered shares
• No custodian or management fee to pay;
• Automatic receipt of notice of shareholders meetings;
• Receipt of information about the company: annual report, shareholders’ newsletters, the Shareholder Guide;
• Shareholders’ Club offers.
Advantages of administered registred shares
• Automatic receipt of notice of shareholders meetings;
• Receipt of information about the company: annual report, shareholders’ newsletters, the Shareholder Guide;
• Shareholders’ Club offers;
• All securities are held in a single portfolio by your financial intermediary.
In return, you will be charged a custodian and management fee because management of your shares, carried out by your financial intermediary, is similar to that of bearer shares.
How to register your shares?
• If you already own VINCI bearer shares and would like to convert them into pure or administered registered shares, ask your financial intermediary to execute your request. VINCI’s agent for the administration of these registered shares is: CIC (CIC Émetteur-Adhérent 25).
• If you wish to purchase VINCI shares and hold them as administered registered shares, send your purchase order to your financial intermediary, who will execute it.
• If you wish to purchase VINCI shares and hold them as pure registered shares, you can contact CM directly.
Crédit Industriel et Commercial (CIC)
Middle Office Emetteur
6 avenue de Provence
75452 Paris cedex 09
Tél. : 01 53 48 80 10
Fax. : 01 49 74 32 77
E-mail : 34318@cic.fr
Buying and selling VINCI shares
How to place an order?
• To purchase VINCI shares, you need an account with a financial intermediary: bank, post office, Caisse d’Epargne, AMF-approved portfolio management company, treasury accountant or investment firm.
• To place an order to purchase or sell VINCI securities, you must send it by mail, fax, telephone or Internet to your financial intermediary holding your account, who will transmit it for execution on the stock market.
NB:Your order must be submitted via a financial intermediary; under no circumstances can you carry out transactions directly on the stock market.
All transactions are subject to a stock market tax of 0.3% of the gross amount for transactions of less than €153,000 and 0.15% above that value, with a deduction of €23 per transaction and a maximum tax of €610. In addition, your financial intermediary will invoice you for brokerage fees.
Price-based order types
Limited price order
Limited price order
This is the most widely used type of order because it enables the purchaser to control the execution cost. The order may not be executed above a given price for a buy order or below a given price for a sell order.
Best price order
This order has no specific price limit. It is filled at the best buy or sell price available when the order reaches the market, based on limited price orders of opposite sign in the central market order book.
Market order
This is an order to buy or sell without specifying a price limit. The order will be filled in whole and as a priority at the opening price following its arrival in the trading system.
Trigger price order
In this case, the operator takes action when a given price is reached, i.e. the order has a specified price limit, at which point it becomes a market order.
Exceeding thresholds
Shareholders must notify the company and the Autorité des Marchés Financiers (AMF) in the event that certain VINCI shareholding or voting rights thresholds are exceeded. There are two types of threshold:
Legal thresholds
any shareholder owning a number of shares representing over 5%, 10%, 15%, 20%, 25%, 33,33%, 50%, 66,66%, 90%, 95% of the capital or voting rights must notify the company and the AMF of the total number of shares or voting rights in his/her possession
VINCI thresholds
In addition to the legal disclosure requirement, any shareholder who owns or sells a fraction of the capital or voting rights equivalent to 1%* or more of the capital, or who has a multiple of that fraction, must notify VINCI within 5 days* of exceeding one of those thresholds.