Structure of the SEA Group and investments in other companies

Direct and indirect holdings of SEA SpA at December 31, 2016

At December 31, 2016 the SEA Group included the following companies in liquidation:

  • SEA Handling SpA in liquidation (100% SEA SpA)
  • Consorzio Milano Sistema in liquidation (10% SEA SpA).

Share Capital structure 

The share capital of SEA amounts to Euro 27,500,000, comprising 250 million shares of a par value of Euro 0.11, of which 137,023,805 Class A shares, 74,375,102 Class B shares and 38,601,093 other shares.

The Class A shareholders upon divestment resulting in the loss of control must guarantee Class B shareholders a right to co-sale. Class A shareholders have a pre-emption right on the sale of Class B shares.

At December 31, 2016, SEA did not hold treasury shares. The ownership structure was as follows:

The Company, following the issue of a bond on April 17, 2014, called “SEA 3 1/8 2014-2021” and approval to trade securities on the regulated market organised and managed by the Irish Stock Exchange, obtained the qualification of Public Interest Entity (PIE) in accordance with article 16 paragraph 1 letter a) of Italian Legislative Decree no. 39/2010