1. OWNERSHIP STRUCTURE
SHARE CAPITAL
As of 31 January 2017, Inditex’s share capital amounts to EUR 93,499,560 and is divided into 3,116,652,000 shares.
All shares are of the same class and series, and are represented by the book-entry method and fully paid-up and subscribed. All of them carry the same voting and economic rights.
MARKET CAPITALIZATION
Inditex has been listed on the different Spanish Stock Exchanges since 23 May 2001 and has been part of the selective Ibex 35 since July 2001. In addition, it has been part of the Stoxx 600 since September 2001, of the selective Morgan Stanley Capital International index since November 2001, of the Dow Jones Sustainability index since September 2002, of the FTSE4Good index since October 2002 and of the FTSE ISS Corporate Governance index, since its launch in December 2004.
As of 31 January 2017, Inditex’s share price per the listing price on Spain’s Electronic Trading System (continuous market) was EUR 30.535 per share, and the stock market capitalization was EUR 95.1 billion.
OWNERSHIP STRUCTURE OF THE SHARE CAPITAL
Inditex’s shares are represented by the book-entry method and a shareholders register is not kept by the Company, as a result of which, the list of company shareholders is not fully known.
As of 31 January 2017, members of the Board of Directors hold a 59.36% stake in Inditex’s share capital, as shown below:
| Name (person or company) of the director | Number of direct voting rights | Number of indirect voting rights | % on the total voting rights |
| Mr. Pablo Isla Álvarez de Tejera | 1,866,227 | 0 | 0.0598% |
| Mr. Amancio Ortega Gaona | 0 | 1,848,000,315 | 59.294% |
| Mr. José Arnau Sierra | 30,000 | 0 | 0.001% |
| PONTEGADEA INVERSIONES, S.L. | 1,558,637,990 | 0 | 50.010% |
| Dña. Denise Patricia Kingsmill | 0 | 0 | 0% |
| Mr. José Luis Durán Schulz | 1,700 | 0 | 0% |
| Mr. Rodrigo Echenique Gordillo | 0 | 0 | 0% |
| Mr. Carlos Espinosa de los Monteros Bernaldo de Quirós | 150,000 | 0 | 0.005% |
| Mr. Emilio Saracho Rodríguez de Torres | 0 | 0 | 0% |
In addition to directors, according to the information provided on CNMV’s website (www.cnmv.es) the following entities are owners of significant holdings in the Company:
- Partler 2006, S.L. (owner of 289,362,325 shares, representing 9.284% in the share capital) and
- Rosp Corunna Participaciones Empresariales, S.L.U. (owner of 157,474,030 shares, representing 5.053 % in the share capital).
RIGHTS ON SHARES
Mr Pablo Isla Álvarez de Tejera, our Executive Chairman, might acquire up to a maximum number of 241,934 shares (a maximum number of 122,180 shares for the second cycle of the 2013-2017 Long-term Performance Shares Plan addressed to members of management and other employees of the Inditex Group, pursuant to the terms and conditions of the Long-term Performance Shares Plan approved by the AGM on 16 July 2013, and a maximum number of 119,754 shares for the first cycle of the 2016-2020 Long-term Performance Shares Plan addressed to members of management and other employees of the Inditex Group, pursuant to the terms approved by the AGM on 19 July 2016) (the full text of this resolution is available on www.inditex.com).
PARA-SOCIAL AGREEMENTS
Inditex has not received any notice regarding the existence of any para-social agreements in respect of voting rights in annual general meetings, or which may limit the free transfer of shares, nor is it aware of any concerted actions between its shareholders.
OWN SHARES
The authorization granted by the Annual General Meeting of Shareholders of the Company on 19 July 2016 remains in force, by virtue of which the Board of Directors is authorized to acquire the Company’s own share (the full text of this resolution is available on www.inditex.com). As at 31 January 2017, Inditex’s entire treasury stock stands at 3,610,7550 own shares, which represents 0.116% in the share capital.