Share and Shareholders
Basware shares are listed on Nasdaq Helsinki Ltd. The company has one series of shares, with the trading code BAS1V. Basware has been listed on the Helsinki Stock Exchange (Nasdaq Helsinki Ltd.) since February 29, 2000. The listing price of the share was EUR 5.70.
At the end of 2018, the total number of shares issued by Basware was 14,401,936 (14,401,936). The book counter value per share is EUR 0.30. Each share confers one vote in the general meeting of shareholders, and all shares carry an equal right to dividend.
Share capital and trading
At the end of 2018, Basware Corporation's share capital was EUR 3,528,368.70 (EUR 3,528,368.70).
During 2018, the highest price of the share was EUR 47.60 (EUR 47.50), the lowest was EUR 19.75 (EUR 31.96) and the closing price of the period was EUR 39.50 (EUR 47.50). The average price of the share was EUR 34.00 (EUR 38.84) during the period.
A total of 3,005,479 (1,681,791) shares were traded during the period, corresponding to 20.9 percent (11.7%) of the average number of shares. Market capitalization with the period’s closing price on December 31, 2018, was EUR 567,633,802 (EUR 682,085,892).
The total amount of own shares held by the company on December 31, 2018 was 31,460 shares (42,333 shares), representing approximately 0.2 percent (0.3 %) of all of outstanding shares.
Additional information on the company's share-based incentive schemes is available on the company's investor webpages and Remuneration report.
Basware had 11,508 (11,682) shareholders on December 31, 2018, of which 10 are nominee registers. Nominee registered holdings accounted for 52.2 percent (46.7%) of the total number of shares.
Distribution of holdings by number of shares, December 31, 2018
|Number of shareholders||% of shareholders||Number of shares||% of shares|
Distribution by sector, December 31, 2018
|Number of holders||% of shareholders||Shares, pcs||% of shares|
|Financial and insurance institutions||40||0.3||8,853,162||61.5|
|Public sector organizations||7||0.1||1,257,611||8.7|
|Of which Nominee-registered||10||0.1||7,524,136||52.2|
Major shareholders on December 31, 2018
|Shares, pcs||Shares, %|
|1. Sihvo Ilkka Juhani||885,300||6.1|
|2. Ilmarinen Mutual Pension Insurance Company||591,921||4.1|
|3. Vaajoensuu Hannu||575,857||4|
|4. OP-Finland Value Fund||533,329||3.7|
|5. Eräkangas Kirsi Maria||434,876||3|
|6. Perttunen, Sakari||384,375||2.7|
|7. Veritas Pension Insurance Company Ltd.||367,392||2.6|
|8. The State Pension Fund||256,000||1.8|
|9. Pöllänen Antti||201,179||1.4|
|10. Eräkangas, Lotta||191,400||1.3|
|11. Swiss Life Luxembourg Sa||186,561||1.3|
|12. Perttunen, Meimi||145,107||1|
|13. OP-Finland Small Firms Fund||103,829||0.7|
|14. Danske Invest Finnish Institutional Equity Fund||100,000||0.7|
|15. Vaajoensuu Petra||83,800||0.6|
|16. Vaajoensuu, Matias||83,800||0.6|
|17. Vaajoensuu Sara||83,700||0.6|
|18. Nordea Pro Finland Fund||64,725||0.4|
|19. Danske Invest Finnish Small Cap Fund||60,000||0.4|
|20. Danske Invest Finland Opportunities||59,000||0.4|
|Total 20 shareholders||5,968,008||41.4|
|Nominee registered total||7,524,136||52.2|
Ownership of the Board of Directors and Executive Team
On December 31, 2018, the members of the Board of Directors and Executive Team held in total 949,017 company shares, accounting for 6.6% of the total number of shares and votes.
Holdings of the Board of Directors and Executive Team
|Number of shares||% of all shares|
|Ilkka Sihvo, Chairman||885,300||6.1|
|Michael Ingelög, Vice-Chairman||5,000||0|
|Holdings of the Board of Directors in total||894,043||6.2|
|Vesa Tykkyläinen, CEO||16,135||0.1|
|Niclas Rosenlew, CFO||9,476||0.1|
|Holdings of Executive Team in total||54,974||0.4|