The term "Corporate Governance" refers to all of the principles aimed at safeguarding shareholder interests. While maintaining decision-making capability and efficiency at the highest level of a company, these principles are intended to guarantee transparency and a healthy balance of management and control.
The Ypsomed Group's rules and regulations on Corporate Governance are defined in the Articles of Association, in the Organizational Policy of Ypsomed Holding AG and in the Code of Conduct of the Ypsomed Group and correspond to the Corporate Governance Directive of September 1, 2014, issued by the SIX Swiss Exchange.
There were 6 485 shareholders owning shares registered in the Share Register on 31 March 2019 (previous year: 6 866 shareholders). Of these shareholders, some 97 % report Switzerland as their place of residence. The distribution of shareholdings is as follows:
|Number of shareholders
as of 31 March 2019
|Number of shareholders
as of 31 March 2018
|1 – 100||3 721||3 959|
|101 – 1 000||2 520||2 675|
|1 001 – 10 000||210||201|
|10 001 – 100 000||29||27|
|more than 100 000||5||4|
Significant shareholders and significant shareholder Groups
The Michel family shareholder group, set up for the purposes of holding shares in family ownership, comprises Willy Michel, Chairman of the Board of Directors of Ypsomed Holding AG, who holds shares both directly and indirectly via the companies he controls, Techpharma Management AG and BV Holding AG, and his children Simon Michel, CEO of Ypsomed Holding AG and the Ypsomed Group, Serge Michel and Lavinia Camilla Nussio, who each hold shares directly. As at 31 March 2019, the “Michel family” shareholder group holds a combined total of 9 410 368 (previous year: 9 287 413) registered shares in Ypsomed Holding AG, which represents 74.4 % (previous year: 73.4 %) of all the shares in the company.
There are no other known significant shareholders or significant shareholder groups. No shareholder agreements have been disclosed.
In the reporting year, there were no disclosure notifications. The disclosure notifications published pursuant to Art. 120 of the Finance Market Infrastructure Act can be accessed at the website of SIX Swiss Exchange via the following link: www.six-exchange-regulation.com.
See also on the homepage of SIX Swiss Exchange: Management transactions