THREE-QUARTERS OF ALL DEUTZ SHARES ARE IN FREE FLOAT
Swedish truck and construction equipment manufacturer AB Volvo is the largest individual shareholder in DEUTZ AG with a stake of just over 25.0 per cent. The proportion of free float shares is almost 75.0 per cent, and it is held by a broadly diversified range of private and institutional shareholders both in Germany and abroad. Most of the private investors are in Germany, but fund management companies based in North America held the largest proportion among the institutional investors. At the end of 2014, FIL Ltd. (Fidelity UK) held 4.7 per cent of our Company, while Old Mutual Plc and Norges Bank held 3.1 per cent each. All three of these are considered non-controlling shareholdings.
After the balance sheet date, FIL ltd. (Fidelity UK) notified us that it had fallen below the 3 per cent threshold on 2 February 2015.