Annual Report 2018


Shareholders as of 31 December 2018

At the end of 2018, HAL Optical Investments B.V. held 76.72% of the shares in GrandVision, while 0.09% were held by the Management Board. The shares held in treasury (0.27%)  enable the company to hedge price risks relating to grants made under long-term incentive plans.

Since the IPO, the remaining shares in GrandVision are held by a number of institutional and retail investors across several jurisdictions.

For a full overview of shares held by the Management Board, please refer to the Remuneration chapter in this Annual Report.

Shareholders holding more than 3% equity

Under Dutch law, shareholdings of 3% or more in any Dutch company must be disclosed to the Dutch Financial Markets Authority (AFM). According to the register kept by the AFM, at 10 February 2015, the following shareholder has disclosed that it owns more than 3% of GrandVision’s total share capital:

  • HAL Optical Investments B.V.
Shareholder structure

The chart below provides an indicative overview of our shareholder structure as per December 2018:


From our publicly traded shares, some 4% of the share capital is owned by investors registered in the Netherlands and 96% by foreign investors.

The UK account for the highest percentage of shareholders registered outside the Netherlands followed by the US.