Bialg nr. 1 Bennedsen og Nielsen: The Principle of Proportionality.

Transkript

1 Bialg nr. 1 Bennedsen og Nielsen: The Principle of Proportionality. Table 4, The Impact of Disproportionality Instruments Across Legal Regimes This table shows the mean and median Tobin s Q and RoA for all countries and across legal regimes. Statistics are reported for all firms, firms with a proportional ownership structure and firms with dual class shares and pyramid. A firm may appear both with dual class shares and pyramid if it has implemented both instruments. Tobin s Q is defined as market value of equity plus book value of debt divided by book value of assets, whereas RoA is defined as operating profit over book value of assets. Proportionality is a dummy for whether the firm has a proportional ownership structure. N Tobin s Q RoA Mean Median Mean Median All countries All Proportionality Dual class shares Pyramid UK & Ireland All Proportionality Dual class shares Pyramid Scandinavia All Proportionality Dual class shares Pyramid German legal origin All Proportionality Dual class shares Pyramid Southern Europe All Proportionality Dual class shares Pyramid

2 Bilag nr. 2 - Proportionality between Ownership and Control in EU Listed Companies: Comparative Legal Study, s. 7. availability of a specific CEM may remain unclear 3. The chart below sets out a general overview of the availability of CEMs in all of the countries profiled in this Study: Figure 2 Availability of CEMs (% of jurisdictions) % of countries 100% 11% 80% 60% 5% 11% 100% 16% 89% 100% 100% 40% 84% 5% 5% 11% 53% 63% 58% 20% 42% 32% 42% 42% 42% 0% Multiple voting rights shares Non-voting shares Non-voting preference shares Pyramid structure Priority shares Depositary certificates Voting right ceilings Ownership ceilings Supermajority provisions Golden shares Partnerships limited by shares Cross-shareholding Shareholders agreements Yes unclear As may be seen in this chart, all CEMs but one are available in more than 40% of the jurisdictions and five of them are available in more than 80% of the countries. In order to have a complete picture of the availability of CEMs, the table below shows the availability of CEMs in each of the jurisdictions: Figure 3 Availability of CEMs The second result of the Study, when read in conjunction with the study regarding the implementation of CEMs, is the following: while most of the countries in the sample provide companies with relative freedom to implement certain CEMs if they so desire, not all companies choose to exercise such 3 Please note that this summary should not be considered a full description of all laws and regulations applicable to CEMs in the jurisdictions that participated in this Study, but as a presentation of issues of interest in connection with CEMs. This summary is entirely subject to, and qualified by, the reports issued for each jurisdiction and attached as exhibits. 7

3 Bilag nr. 3 - Pajuste: Determinants and Consequences of the unification of Dual-Class Shares, s. 46 og 47. Table II Dual-class firms in percent of total listed firms and domestic newly listed companies Panel A shows the number of total firms (excluding banks and credit institutions, SIC2 60 and 61) and firms with dualclass shares available in Moody s/ Mergent International Companies 1996 (for end of 1995 data) and 2002 (for end of 2001 data) Manuals. Panel B shows the fraction of dual-class firms as percent of all domestic newly listed companies in each year from 1996 to The number of new dual-class listings is given in parentheses. The data for all countries but Germany come from the stock exchange web-sites and Datastream. The data for Germany was kindly provided by Olaf Ehrhardt. Total firms, end 1995 Panel A: Fraction of dual-class firms in total listed firms, 1995 vs Dual firms, end 1995 Fraction of dual firms, end 1995 Total firms, end 2001 Dual firms, end 2001 Fraction of dual firms, end 2001 Percentage change in fraction (2001 vs. 1995) Denmark % % -39% Finland % % -47% Germany % % -53% Italy % % -16% Norway % % -69% Sweden % % -24% Switzerland % % -44% Total % % -47% Panel B: Fraction (number) of dual-class firms in domestic newly listed companies, Denmark 33% (2) 20% (1) 23% (3) 17% (1) 14% (1) 0% (0) 0% (0) Finland 0% (0) 33% (4) 25% (3) 11% (3) 0% (0) 11% (1) 0% (0) Germany 5% (1) 6% (2) 0% (0) 1% (1) 0% (0) 0% (0) 0% (0) Italy 0% (0) 15% (2) 5% (1) 6% (2) 0% (0) 0% (0) 0% (0) Norway 10% (2) 4% (2) 4% (1) 0% (0) 0% (0) 8% (1) 0% (0) Sweden 59% (10) 42% (21) 50% (16) 45% (21) 28% (16) 32% (6) 29% (2) Switzerland 50% (3) 8% (1) 0% (0) 0% (0) 0% (0) 0% (0) 0% (0) Average 22% (18) 18% (33) 15% (24) 11% (28) 6% (17) 7% (8) 4% (2) 46 ECB Working Paper Series No. 465 March 2005

4 Table III Sample characteristics Panel A describes the procedure of constructing the main sample of 493 companies used in this paper. In Panel B, sample construction is subdivided by country. Panel C shows the distribution of number of companies that switched from dual-class to single-class shares in the period from 1996 to 2002, by years and countries. Panel D shows the sample of firms subdivided by twelve industry groups. Panel A: Sample construction % Dual class firms (excluding banks and credit institutions, SIC2 60 and 61) available in Moody's/ Mergent manuals ( ) which were listed on the stock exchange at the end of % Merged or taken over during % Delisted by stock exchange order or voluntarily (because of too little free float) during % Delisted, not clear why % Not traceable % Data not available in Worldscope % Main sample. The firms that were still listed on the stock exchange at the end of out of which: % Firms that unified their shares in (event group) % Firms that stayed dual-class throughout (control group). Panel B: Sample construction by country Event Control Merged or T/O Delisted Other Total Denmark Finland Germany Italy Norway Sweden Switzerland Total Panel C: Unifications by country and year Total Denmark Finland Germany Italy Norway Sweden Switzerland Total Panel D: Main sample by industry Industry Firms (main sample) Number of unifications Unifications (in %) Basic industry % Capital goods % Construction % Consumer durables % Financial/ real estate % Food and tobacco % Leisure % Petroleum % Services % Textiles and trade % Transportation % Utilities % Total % ECB Working Paper Series No. 465 March

5 Bilag nr. 4 - Udskrifter fra Nasdaq OMX Corporate Actions Copenhagen Nye selskaber, år til dato New Companies, year to date Københavns Fondsbørs: Nye selskaber, år til dato, januar til december 2000 Selskab Branche 1. note- Udbudt kapital Nominel Min. kurs/ Afregnings- Aktieringsdag Provenu Nytegning Salg kapital Kurs- kurs størrelse Nytegning Salg mio. kr. mio. kr. mio.kr. interval mio.kr. mio.kr. Nordic Baltic Holding (SEK ,0) - - SEK 4, Pengeinstitutter, Total 1-0,0 0, ,0 0,0 2M Invest ,0-164, ,5-2M Invest 1) ,0 164, ,5 SimCorp ,0 10,0 47, ,0 375,0 M&E Biotech ,0-39, ,0 - M&E Biotech 1) ,0-40, ,0 - RTX Telecom ,8 9,1 45, ,8 335,8 RTX Telecom 1) ,7 45, ,0 Genmab ,0-21, ,0 - Novozymes B ,5 646, ,5 Maconomy ,0 0,0 38, ,0 - Novozymes B 1) ,5 646, ,5 Industri, Total 5-93,8 79, , ,3 Total ,8 79, , ,3 1) Udnyttelse af option på forhøjelse af udbudt kapital i forbindelse med børsintroduktion 1) Utilisation of option on increase in capital subscribed Branche (Sector) 1 = Pengeinstitutter (Banks), 2 = Forsikring (Insurance), 3 = Handel & Service (Trade), 4 = Rederier (Shipping), 5 = Industri (Industry), 6 = Investeringsselskaber (Investment Companies), 7 = Noterede investeringsforeninger (Listed Unit Trusts)

6 Slettede selskaber, år til dato Delisted Companies, year to date Københavns Fondsbørs: Slettede selskaber, januar til december 2000 Selskab Branche Dato Nominel Aktie- Antal for kapital størrelse slettede sletning mio.kr. i 1000 FIH , Unidanmark , Pengeinstitutter, Total , ,8 Meco Holding B , Ford Motor Co , Ratin A , Ratin B , Hand. & Serv., Total 3-250, ,0 Elite Shipping , D/S Progress A , D/S Progress B , Rederier, Total 4-171, ,9 Jacob Holm & Sønner A , Jacob Holm & Sønner B , System B8 møbler B , Micro Matic Holding B , Christiani & Nielsen , CUBIC-Modulsystem B , Icopal , H. Hoffmann & Sønner B , Damgaard , Industri, Total 5-738, ,7 Scan-Invest Euro-KFX ,4 100 EURO 14 Investeringsforeninger, Total 7-1,4-14,0 Total , ,4 Branche (Sector) 1 = Pengeinstitutter (Banks), 2 = Forsikring (Insurance), 3 = Handel & Service (Trade), 4 = Rederier (Shipping), 5 = Industri (Industry), 6 = Investeringsselskaber (Investment Companies), 7 = Noterede investeringsforeninger (Listed Unit Trusts)

7 2000 Ændringer, år til dato Branche Dato for ændring Papirnavn gammelt nyt Aktiestørrelse gammel ny Pengeinstitutter Unidanmark A Unidanmark Kapital Holding RealDanmark Bonusbanken Nordic Baltic Holding - SEK 4,50 K 3, Finansieringsselskabet Gefion Alm. Brand Finans Spar Nord Bankaktieselskab Spar Nord Bank Den Danske Bank Danske Bank Danske Bank Nordic Baltic Holding Nordea SEK 3,50 - Forsikring Codan Forsikring Codan Hand. & Serv. Rederier Industri FCK PARKEN Sport & Entertainment HT Defta Holding A Consenta Holding HT Defta Holding B Consenta Holding AGF Kontraktfodbold B ISS International Service System A ISS ISS International Service System B ISS Søndagsavisen Scanbox Entertainment A SE 2000 A Scanbox Entertainment B SE 2000 B D/S Norden Coloplast B DSV B Chr. Hansen Holding B Columbus IT Partner William Demant Holding Vestas Wind Systems M Invest LICENERGY Energy Solutions International ITH ITH Industri Invest Brandts Klædefabrik Brandts.com Hygæa-Tinby SP Group Bodilsen Holding Dansk Data Elektronik B ehuset B Topsil Semiconductor Materials Topsil Semiconductor Materials, warrants GN Store Nord Rimas-Heden Holding DanTruck-Heden H + H Holding B Henriksen og Henriksen International B Novo Nordisk B Samsom Tange Samson Group Solar Holding B Navision Software NavisionDamgaard 1 - Investeringsselskaber Anglo Nordic Capital Credit Innovation Thorax Holding B Realinvest.dk B Credit Innovation Unit Trust Capinordic Land & Leisure A Land & Leisure B CVI International Investeringsforenin Uni-invest Verden Uni-invest Futura Uni-invest Europa Uni-invest USA Uni-invest Danmark Uni-invest Tyskland Jyske Invest Indeksobl. & aktier Jyske Invest Nordiske aktier Jyske Invest Globale aktier Jyske Invest Danske aktier Jyske Invest Østeuopæiske aktier BG Invest Akkumulerende BG Invest Danmark BG Invest Europa BG Invest Verden BG Invest Multimedia BG Invest Orienten BG Invest Fjernøsten BG Invest Multimedia BG Invest IT Sparinvest Danske Aktier Sparinvest KFX Aktier Sparinvest Nordiske Aktier Sparinvest EUROSTOXX Sparinvest Europæiske Value Aktier Sparinvest Value Aktier Sparinvest Japanske Aktier Sparinvest Value Aktier 100 -

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9 Nye selskaber, år til dato Tilbage til forside New Companies, year to date Nye selskaber, år til dato, januar til december 2001 Selskab Sektor 1. note- Udbudt kapital Nominel Min. kurs/ Afregnings- Aktie- Provenu Company (sector) ringsdag Nytegning Salg kapital Kurs- kurs størrelse Nytegning Salg (GIGS) mio. kr. mio. kr. mio.kr. interval mio.kr. mio.kr. SAS (SEK 1553,2) - - SEK Forbrugsgoder, i alt 25 0,0 0,0 0, ,0 0,0 Svendborg Sparekasse ,5-50, Finans, i alt 40 3,5 0,0 50, ,0 0,0 Danionics ,10 0,6 9, ,0 120,0 Danionics 2) ,20-9, ,0 - Danionics 2) ,03-9, ,6 - Danionics 1) ,4 9, ,0 Thrane &Thrane ,00 30,6 91, ,0 183,6 Danware ,20 3,1 19, ,0 124,0 Danware 1) ,7 19, ,0 Informationsteknologi, i alt 45 16,5 35,4 167, ,6 461,6 Total 20,1 35,4 218, ,6 461,6 1) Udnyttelse af option på forhøjelse af udbudt kapital i forbindelse med børsintroduktion 1) Utilisation of option on increase in capital subscribed 2) Konvertering Branche (Sector) 1 = Pengeinstitutter (Banks), 2 = Forsikring (Insurance), 3 = Handel & Service (Trade), 4 = Rederier (Shipping), 5 = Industri (Industry), 6 = Investeringsselskaber (Investment Companies), 7 = Noterede investeringsforeninger (Listed Unit Trusts Sektor/Sector (GIGS) 15 = Materials, 20 = Industrials, 25 = Consumer Discretionary, 30= Consumer Staples, 35 = Health Care 40 = Financials, 45 = Information Technology, 50 = Telecommunication Services, 55 = Utilities

10 Tilbage til forside Slettede selskaber, år til dato Delisted Companies, year to date Slettede selskaber, januar til december 2001 Selskab Sektor Dato Nominel Aktie- Antal Company (sector) for kapital størrelse slettede (GIGS) sletning mio.kr. i 1000 Aalborg Portland Holding A , Aalborg Portland Holding B , Materialer, i alt , ,1 SAS Danmark , C.W. Obel B , CIC , SE 2000 A , SE 2000 B , Thrige-Titan A , ,0 Thrige-Titan B , ,0 Motortramp B , ,5 Industri, i alt , ,3 Martin Gruppen , Lindab B (MSEK 212) (SEK 10) HLJ Industri , Jamo , Royal Scandinavia , ,1 InWear Group , J. Lauritzen Holding B , ,0 Forbrugsgoder, i alt , ,6 Nycomed Amersham plc (31,8 mio. GBP) 0,05 GBP ( ) Sundhedspleje, i alt 35-0,0-0,0 RealDanmark , Aars Bank , Midtbank , EjendomsSelskabet Norden , Alm. Brand B , Finans, i alt , ,5 ehuset B , SystemForum , Memory Card Technology , Informationsteknologi, i alt 45-93, ,6 Jyske Invest Indeksobligationer o BG Invest Japan Investeringsforeninger, i alt - 0,0-0,0 Total , ,2 Branche (Sector) 1 = Pengeinstitutter (Banks), 2 = Forsikring (Insurance), 3 = Handel & Service (Trade), 4 = Rederier (Shipping), 5 = Industri (Industry), 6 = Investeringsselskaber (Investment Companies), 7 = Noterede investeringsforeninger (Liste Sektor/Sector (GIGS) 15 = Materials, 20 = Industrials, 25 = Consumer Discretionary, 30= Consumer Staples, 35 = Health Care 40 = Financials, 45 = Information Technology, 50 = Telecommunication Services, 55 = Utilities

11 Ændringer, år til dato Changes, year to date Tilbage til forside Ændringer, år til dato, januar til december 2001 Sektor 15 Materialer Papirnavn Aktiestørrelse Dato for ændring gammelt nyt gammel ny Henriksen og Henriksen B H+H International B Industri NKT Holding Danske Trælast Dan Truck-Heden D/S Torm Forbrugsgoder SE 2000 A SE 2000 B Bang & Olufsen Holding B Bang & Olufsen B Carli Gry International IC Companys Industribo B Lastas B Fredgaard Radio FR Invest Andersen & Martini B Konsumentvarer Aarhus Oliefabrik A Aarhus Oliefabrik Aarhus Oliefabrik B Aarhus Oliefabrik Sundhedspleje H. Lundbeck Novo Nordisk B Bavarian Nordic Research Institute Bavarian Nordic M&E Biotech Pharmexa Finans Nordea - 3,50 SEK 0,39632 euro Aabenraa Kreditbank Kreditbanken Tønder Bank Codan CVI International Small Cap Danmark Brandts.com Brandts Ventures Theodor Ejendomsinvest B Theodor Ejendomsinvest Alm. Brand Finans Alm. Brand Ringkjøbing Landbobank Brandts Ventures Informationsteknologi NavisionDamgaard Navision 1-50 Telekommunikation service Tele Danmark TDC 5 - Investeringsforeninger Rationel Invest OBLIGATIONER Lån & Spar Rationel Invest OBLIGATION Rationel Invest EUROPA Lån & Spar Rationel Invest EUROPA Rationel Invest DANMARK Lån & Spar Rationel Invest DANMARK Rationel Invest AKKUMULERE Lån & Spar Rationel Invest AKKUMULER Rationel Invest TEKNOLOGI Lån & Spar Rationel InvestTEKNOLOG Rationel Invest VERDEN Lån & Spar Rationel Invest VERDEN BG Invest Japan Danske Invest Japan Sparinvest Nordam. Aktier Sparinvest S&P Jyske Inv Akt Pension Jyske Inv Akt Pension (PAL) Sparinvest Gl. Vækstmarked Sparinvest Gl. vækstm. (PAL) Uni-invest Aktier Nordea Invest Aktier Uni-invest Akkumulerende Nordea Invest Akkumulerende Uni-invest Danmark Nordea Invest Danmark Uni-invest e-business Nordea Invest e-business Uni-invest Europa Nordea Invest Europa Uni-invest Fjernøsten Nordea Invest Fjernøsten Uni-invest Futura Nordea Invest Futura Uni-invest Health Care Nordea Invest Health Care Uni-invest Japan Nordea Invest Japan Uni-invest Tyskland Nordea Invest Tyskland Uni-invest USA Nordea Invest USA Uni-invest Verden Nordea Invest Verden Uni-invest World Nordea Invest World 100 -

12 Tilbage til forside Nye selskaber, år til dato, januar til december 2002 New Companies, year to date 1. note- Ny- Nominel Min. kurs/ Afreg- Aktie- Provenu Provenu Kapital- Selskab ringsdag tegning Salg kapital Kurs- ningskurs størrelse af nytegning af salg tilførsel interval Company First day Intro- Sale Nominal Minimum Settle- Face Capital of Sale Capital of listing ductions value of price/ ment Value new raised introduction price band price companies SUM - CSE15 CSE20 Industri/Industrials: SUM - CSE20 CSE25 Forbrugsgoder/Consumer Discretionary: SUM - CSE25 Konsumentvarer/Consumer Staples (GICSsector-30) SUM - CSE30 Sundhedspleje/Health Care (GICSsector-35) SUM - CSE35 Finans/Financials (GICSsector-40) SUM - CSE40 Informationsteknologi/IT (GICSsector-45) SUM - CSE45 - Telekommunikation service/telekommunication services (GICSsector-50) SUM - CSE50 Forsyning/Utilities (GICSsector-55) SUM - CSE55 TOTAL Introduktioner/IPO's - 1) Udnyttelse af option på forhøjelse af udbudt kapital i forbindelse med børsintroduktion 1) Utilisation of option on increase in capital subscribed 2) Konvertering

13 Tilbage til forside Slettede selskaber, år til dato, januar til december 2002 Delisted Companies, year to date Selskab Dato Nominel Aktie- Antal Baggrund for for sletning kapital, mio. kr. størrelse slettede i 1000 sletning Company Date of Nom. Capital Face Value No. of delisted Deleted because Delisting DKKm shares in 1000 Baggrund for sletning SUM - CSE15-0,0-0,0 Industri/Industrials (GICSsector-20) Sophus Berendsen 21-jun 415, The Davis Service Group Plc. udnytter vedtægtsbestemt indløsningret Vest-Wood 21-jun 60, Door Holdning A/S udnytter vedtægtsbestemt indløsningsret SUM - CSE20-475, Forbrugsgoder/Consumer Discretionary (GICSsector-25) FR Invest 21-jan 82, MMP ApS af 1988 udnytter vedtægtsbestemt indløsningsret SUM - CSE25-82,8-828 Konsumentvarer/Consumer Staples (GICSsector-30) Objective A 22-apr 14, Tvangsindløsning iht. A/S-lovens 20b af hovedaktionær Objective B 22-apr 28, Tvangsindløsning iht. A/S-lovens 20b af hovedaktionær Albani Bryggerierne A 31-maj 8, Fusion med Bryggerigruppen (fortsættende) Albani Bryggerierne B 31-maj 49, Fusion med Bryggerigruppen (fortsættende) I.P.F. A 04-jul (11,0 mio USD) 10 USD - Fusion med U.I.E. (fortsættende) I.P.F. B 04-jul (11,0 mio USD) 10 USD - Fusion med U.I.E. (fortsættende) SUM - CSE30-100, Sundhedspleje/Health Care (GICSsector-35) SUM - CSE35-0,0-0,0 Finans/Financials (GICSsector-40) Vendsyssel Bank 25-mar 15,5 100,0 155 Fusion med Nordjyske Bank (fortsættende) Egnsbank Fyn 27-maj 18, Fusion med Sydbank (fortsættende) 2M Invest 19-jul 206, Konkurs Britannia Invest 13-aug 250, aktionærer udnytter vedtægtsmæssig indløsningsret Tarm Bank 14-aug 18, Fusion med Ringkjøbing Landbobank A/S (fortsættende) SUM - CSE40-507, Informationsteknologi/IT (GICSsector-45) DAI Holding 29-jan 29, Efter udløb af frivilligt købstilbud fremsat af Egnsbank Han Herred Brandts Ventures 18-apr 21, Konkurs i-data international 01-aug 70, Konkurs Navision 23-aug 36, Microsoft Corporation udnytter vedtægtsbestemt indløsningsret Energy Solutions International 03-sep 39, Konkurs SUM - CSE45-196, Telekommunikation service/telekommunication services (GICSsector-50) SUM - CSE50-0,0-0,0 Forsyning/Utilities (GICSsector-55) SUM - CSE55-0,0-0,0

14 Tilbage til forside Ændringer på Københavns Fondsbørsi ISIN-kode, papirnavn eller aktiestørrelse, 2002 Changes in ISIN-code, Name or Face Value on Copenhagen Stock Exchange during 2002 ISIN-kode Papirnavn Aktiestørrelse ISIN-code Name Face Value Dato for ændring Gammel Ny Gammelt Nyt Gammel Ny Date Old New Old New Old New of change CSE20 Industri/Industrials: 16-jan DK DK Sophus Berendsen A Sophus Berendsen jan DK Sophus Berendsen B Sophus Berendsen feb DK Realinvest.dk maj DK DK VT Holding A VT Holding maj DK VT Holding B VT Holding maj DK DK Group 4 Falck jun DK DSV B DSV 2-24-jun DK DK Schouw & Co. A Schouw & Co jun DK Schouw & Co. B Schouw & Co jun DK Monberg & Thorsen Holding B Monberg & Thorsen B 20 - CSE25 Forbrugsgoder/Consumer Discretionary: 24-maj DK SIF Fodbold Support B nov DK Akademisk Boldklub B CSE30 Konsumentvarer/Consumer Staples: DK BSP U.I.E. - USD DK Korn- og Foderstofkompagniet Treka 20 - CSE35 Sundhedspleje/Health Care: CSE40 Finans/Financials: DK Egnsbank Nord Nordjyske Bank DK DK Vinderup Bank DK Dansk Industri Invest Dantherm Holding DK Alm. Brand Alm. Brand Skadesforsikring DK DK Dan-Ejendomme Holding CSE45 Informationsteknologi/IT: DK EuroCom Industries DK Topsil Semiconductor Materials - 1 0,25 CSE50 Telekommunikation service/telekommunication services:

15 Tilbage til forside Nye selskaber, år til dato, januar til januar til december 2003 New Companies, january to december note- Nytegning Salg Nominel Min. kurs/ Afreg- Aktie- Selskab ringsdag i mio.kr. i mio.kr. kapital Kurs- ningskurs størrelse i mio.kr. interval Company First day Introductions Sale Nominal Minimum Settle- Face of listing in DKKm in DKKm value of price/ ment Value introduction price band price in DKKm SUM - CSE15 CSE20 Industri/Industrials: SUM - CSE20 CSE25 Forbrugsgoder/Consumer Discretionary: SUM - CSE25 Konsumentvarer/Consumer Staples (GICSsector-30) SUM - CSE30 Sundhedspleje/Health Care (GICSsector-35) SUM - CSE35 Finans/Financials (GICSsector-40) Gudme Raaschou Vision 25-jun 97,9 0,5 98,4-103, Alm. Brand Formue B 24-sep 181,0-181,0 103, SUM - CSE40 278,9 0, Informationsteknologi/IT (GICSsector-45) SUM - CSE45 Telekommunikation service/telekommunication services (GICSsector-50) SUM - CSE50 Forsyning/Utilities (GICSsector-55) SUM - CSE55 TOTAL Introduktioner/IPO's 278,9 0, ) Udnyttelse af option på forhøjelse af udbudt kapital i forbindelse med børsintroduktion 1) Utilisation of option on increase in capital subscribed

16 Tilbage til forside Slettede selskaber, år til dato, januar til december 2003 Delisted companies, january to december 2003 Selskab Dato Nominel Aktie- Antal for sletning kapital, mio. kr. størrelse slettede i 1000 Company Date when Nom. capital Face value No. of delisted delisted DKKm shares in 1000 SUM - CSE15-0,0-0,0 Industri/Industrials (GICSsector-20) D/S 1912 A 16-jun 1.080, D/S 1912 B 16-jun 1.080, Samson Group 30-jun 20, SKAKO 01-aug 90, SUM - CSE , Forbrugsgoder/Consumer Discretionary (GICSsector-25) Danske Trælast 17-jul 473, Vejen Trælasthandel 18-dec 7, SUM - CSE25-7,7-77 Konsumentvarer/Consumer Staples (GICSsector-30) SUM - CSE30-0,0-0 Sundhedspleje/Health Care (GICSsector-35) SUM - CSE35-0,0-0,0 Finans/Financials (GICSsector-40) Vestjysk Bank 19-feb 71, Regional Invest Fyn 28-apr 45, Skandia 30-maj (SEK 1023,5) SEK 1 (1.023) SUM - CSE40-116, Informationsteknologi/IT (GICSsector-45) Chemitalic 04-jun 12, SUM - CSE45-0, Telekommunikation service/telekommunication services (GICSsector-50) SUM - CSE50-0,0-0,0 Forsyning/Utilities (GICSsector-55) SUM - CSE55-0,0-0,0 TOTAL slettede , Tallene i () indgår ikke i totalerne

17 Tilbage til forside Go to front page Ændringer på Københavns Fondsbørsi ISIN-kode, papirnavn eller aktiestørrelse, 2003 Changes in ISIN-code, Name or Face Value on the Copenhagen Stock Exchange during 2003 Papirnavn Aktiestørrelse Name Face Value Dato for ændring Gammelt Nyt Gammel Ny Date Old New Old New of change CSE20 Industri/Industrials: 28-maj DanTruck-Heden ,75 16-jun D/S 1912 A A.P Møller - Mærsk A jun D/S 1912 B A.P Møller - Mærsk B jun D/S Svendborg A A.P Møller - Mærsk A jun D/S Svendborg B A.P Møller - Mærsk B sep Randers Rebslaaeri H Randers Reb H sep Randers Rebslaaeri Ord. Randers Reb Ord sep Randers Rebslaaeri Præf. Randers Reb Præf CSE25 Forbrugsgoder/Consumer Discretionary: 31-jan SIF Foldbold Support B jun OBTEC Scandinavian Brake Systems aug AaB B AaB nov AB B CSE30 Konsumentvarer/Consumer Staples: 15-maj Nowaco Nowaco Group sep Aarhus Oliefabrik Aarhus United CSE35 Sundhedspleje/Health Care: Ambu International B Ambu B CSE40 Finans/Financials: 07-feb Skjern Bank feb Nordvestbank Vestjysk Bank maj Alm. Brand Skadesforsikring Alm. Brand jul Ringkjøbing Bank nov Bonusbanken CSE45 Informationsteknologi/IT: 05-maj Columbus IT Partner - 5 1,25 CSE50 Telekommunikation service/telekommunication services:

18 2004 Tilbage til forside Nye selskaber, år til dato New Companies, year to date 1. note- Nytegning Salg Nominel Min. kurs/ Afreg- Aktie- Selskab ringsdag i mio.kr. i mio.kr. kapital Kurs- ningskurs størrelse i mio.kr. interval Company First day Introductions Sale Nominal Minimum Settle- Face of listing in DKKm in DKKm value of price/ ment Value introduction price band price in DKKm SUM - CSE15 CSE20 Industri/Industrials: Falck 20-jul , Group 4 20-jul , Group 4 Securicor 20-jul - - (229,5 mio. GBP) - - GBP 0,25 SUM - CSE20 533,2 CSE25 Forbrugsgoder/Consumer Discretionary: SUM - CSE25 Konsumentvarer/Consumer Staples (GICSsector-30) SUM - CSE30 Sundhedspleje/Health Care (GICSsector-35) SUM - CSE35 Finans/Financials (GICSsector-40) SUM - CSE40 Informationsteknologi/IT (GICSsector-45) SUM - CSE45 Telekommunikation service/telekommunication services (GICSsector-50) SUM - CSE50 Forsyning/Utilities (GICSsector-55) SUM - CSE55 TOTAL Introduktioner/IPO's 533,2 1) Udnyttelse af option på forhøjelse af udbudt kapital i forbindelse med børsintroduktion 1) Utilisation of option on increase in capital subscribed Københavns Fondsbørs A/S

19 2004 Tilbage til forside Slettede selskaber, år til dato Delisted companies, year to date Selskab Dato Nominel Aktie- Antal for sletning kapital, mio. kr. størrelse slettede i 1000 Company Date when Nom. capital Face value No. of delisted delisted DKKm shares in 1000 F. Junckers Industrier 31-mar 172, ,0 SUM - CSE15-172, ,0 Industri/Industrials (GICSsector-20) Incentive 18-mar 271, ,7 NEG Micon 17-maj 267, ,0 Funki 01-jul 44, ,3 Group 4 Falck 20-jul 444, ,4 Consenta Holding 29-nov 60, ,0 SUM - CSE , ,5 Forbrugsgoder/Consumer Discretionary (GICSsector-25) Julius Koch A 12-feb 9, ,9 Julius Koch B 12-feb 0, ,1 SUM - CSE25-9,1-91,0 Konsumentvarer/Consumer Staples (GICSsector-30) SUM - CSE30-0,0-0 Sundhedspleje/Health Care (GICSsector-35) Radiometer B 18-mar 169, ,5 BHJ 20-dec 48, ,0 SUM - CSE35-217, ,5 Finans/Financials (GICSsector-40) First Investment Partner 13-jul 81, ,0 SUM - CSE40-81,5-815,0 Informationsteknologi/IT (GICSsector-45) EuroCom Industries 19-aug 21, ,0 SUM - CSE45-21, ,0 Telekommunikation service/telekommunication services (GICSsector-50) SUM - CSE50-0,0-0,0 Forsyning/Utilities (GICSsector-55) Hafslund A 19-jul (NOKm 115,5) NOK 1 ( ,9) Hafslund B 19-jul (NOKm 79,8) NOK 1 (79.758,5)

20 2004 Tilbage til forside Go to front page Ændringer på Københavns Fondsbørsi ISIN-kode, papirnavn eller aktiestørrelse, år til dato Changes in ISIN-code, Name or Face Value on the Copenhagen Stock Exchange during 2004 Papirnavn Aktiestørrelse Name Face Value Dato for ændring Gammelt Nyt Gammel Ny Date Old New Old New of change CSE20 Industri/Industrials: 07-jun Ove Arkil Holding B Arkil Holding B aug NTR Holding B CSE25 Forbrugsgoder/Consumer Discretionary: 05-aug Kjøbenhavns Sommer-Tivoli Tivoli dec Dantax B Dantax dec AGF Kontraktfodbold B Århus Elite B 2 1 CSE30 Konsumentvarer/Consumer Staples: 09-jun Treka BioMar Holding - - CSE35 Sundhedspleje/Health Care: 10-feb Ambu B apr Realinvest.dk B Bioporto B dec Coloplast B CSE40 Finans/Financials: 06-feb Nordea Nordea Bank feb Credit Innovation Nordisk Industripartner mar Roskilde Bank mar Vestjysk Bank mar Small Cap Danmark apr DiskontoBanken DiBa Bank apr Amtssparekassen Fyn Fionia Bank maj Sparbank Vest maj Haandværkerbanken hvb Bank maj Djurslands Bank maj Capinordic - 5 0,5 13-okt Jyske Bank nov hvb Bank Max Bank dec Nordisk Industripartner Live Networks Holding dec Skælskør Bank CSE45 Informationsteknologi/IT: CSE50 Telekommunikation service/telekommunication services: CSE55 Forsyning/Utilities NESA Nesa - - Københavns Fondsbørs A/S

21 2005 Tilbage til forside Nye selskaber, år til dato New Companies, year to date 1. note- Nytegning Salg Nominel Min. kurs/ Afreg- Aktie- Selskab ringsdag i mio.kr. i mio.kr. kapital Kurs- ningskurs størrelse i mio.kr. interval Company First day Introductions Sale Nominal Minimum Settle- Face of listing in DKKm in DKKm value of price/ ment Value introduction price band price in DKKm SUM - CSE15 0,0-0, CSE20 Industri/Industrials: Potagua Kapital 06-jun , Potagua FLS B 06-jun , SUM - CSE20 0,0-303, CSE25 Forbrugsgoder/Consumer Discretionary: SUM - CSE , Konsumentvarer/Consumer Staples (GICSsector-30) SUM - CSE , Sundhedspleje/Health Care (GICSsector-35) TopoTarget 10-jun 10,0-36,1 20,50-25,5 22,5 1 TopoTarget 1) 08-jul 1,5-39,9-22,5 1 SUM - CSE , Finans/Financials (GICSsector-40) Spar Nord FormueInvest 07-feb 497,0-500, OMX 16-feb (SEKm 5,9) - (SEKm 236,9) - - SEK 2 TrygVesta 14-okt - 617, , TrygVesta 1) 17-okt - 62, , SUM - CSE40 497, , Informationsteknologi/IT (GICSsector-45) SUM - CSE , Telekommunikation service/telekommunication services (GICSsector-50) SUM - CSE , Forsyning/Utilities (GICSsector-55) SUM - CSE , TOTAL Introduktioner/IPO's 497, ,

22 Tilbage til forside Slettede selskaber, år til dato Delisted companies, year to date Selskab Dato Nominel Aktie- Antal for sletning kapital, mio. kr. størrelse slettede i 1000 Company Date when Nom. capital Face value No. of delisted delisted DKKm shares in 1000 SUM - CSE15 - #REFERENCE! - #REFERENCE! Industri/Industrials (GICSsector-20) Group 4 19-jan 444, ,4 Falck 23-feb 53,3 0, ,4 Randers Reb H 21-mar 8, ,4 Randers Reb Ord. 21-mar 4, ,7 Randers Reb Præf. 21-mar 5, ,2 Potagua B 06-jun 275, ,5 ISS 21-jun 946, ,0 Wewers 27-dec 5, ,3 SUM - CSE , ,8 Forbrugsgoder/Consumer Discretionary (GICSsector-25) G. Falbe-Hansen B 09-feb 1, ,0 G. Falbe-Hansen C 09-feb 6, ,4 Wessel & Vett 18-mar 301, ,9 Kompan B 18-maj 47, ,0 SUM - CSE25-356, ,3 Konsumentvarer/Consumer Staples (GICSsector-30) Aarhus United 14-nov 400,0 100, ,0 Nowaco Group 12-dec 94,0 100,0 940,0 SUM - CSE30-494, Sundhedspleje/Health Care (GICSsector-35) Investeringsselskabet af B 27-jun 164, ,0 SUM - CSE35-164, ,0 Finans/Financials (GICSsector-40) Dansk Kapitalanlæg 18-jan 422, ,0 Hellebæk Fabriker B 01-feb 4, ,0 Hellbæk Fabriker stam. 01-feb 4, ,0 Foras Holding 10-okt 242, ,6 SUM - CSE40-672, ,6 Informationsteknologi/IT (GICSsector-45) SUM - CSE Telekommunikation service/telekommunication services (GICSsector-50) SUM - CSE50-0,0-0,0 Forsyning/Utilities (GICSsector-55) SUM - CSE55-0,0-0,0 Tallene i () indgår ikke i totalerne Bracketed figures are not included in the totals Københavns Fondsbørs A/S

23 Tilbage til forside Go to front page Ændringer på Københavns Fondsbørsi ISIN-kode, papirnavn eller aktiestørrelse, år til dato Changes in ISIN-code, Name or Face Value on the Copenhagen Stock Exchange during 2005 Papirnavn Aktiestørrelse Name Face Value Dato for ændring Gammelt Nyt Gammel Ny Date Old New Old New of change 10-feb National Industri B InterMail B - - CSE20 Industri/Industrials: 07-jan Wewers Teglværker Wewers feb Falck - 1 0,6 10-feb FLS Industries A FLSmidth & Co. A feb FLS Industries B FLSmidth & Co. B - - CSE25 Forbrugsgoder/Consumer Discretionary: 16-dec SDC DanDisc Dicentia CSE30 Konsumentvarer/Consumer Staples: 11-maj Bryggerigruppen Royal UNIBREW okt Harboes Bryggerier B CSE35 Sundhedspleje/Health Care: CSE40 Finans/Financials: 18-mar Sydbank apr Lokalbanken i Nordsjælland apr Lollands Bank maj Tønder Bank aug Egnsbank Han Herred ebh bank - - CSE45 Informationsteknologi/IT: CSE50 Telekommunikation service/telekommunication services: CSE55 Forsyning/Utilities Københavns Fondsbørs A/S

24 Tilbage til forside Nye selskaber, år til dato New Companies, year to date 1. note- Nytegning Salg Nominel Min. kurs/ Afreg- Aktie- Selskab ringsdag i mio.kr. i mio.kr. kapital Kurs- ningskurs størrelse i mio.kr. interval Company First day Introductions Sale Nominal Minimum Settle- Face of listing in DKKm in DKKm value of price/ ment Value introduction price band price in DKKm CSE10 Materialer/Materials: Atlantic Petroleum 11-okt 0,0 - (113) SUM - CSE10 0,0 - (113) SUM - CSE15 0,0-0, CSE20 Industri/Industrials: Rovsing 05-dec 2,8-15,9-10,65 1 Rovsing 1) 20-dec - 0,9 15,9-10,65 1 SUM - CSE20 2,8-31, CSE25 Forbrugsgoder/Consumer Discretionary: Rella Holding 12-jun , SUM - CSE , Konsumentvarer/Consumer Staples (GICSsector-30) FirstFarms 12-dec 413,0-471,2-105,0 100,0 SUM - CSE30 413,0-471, Sundhedspleje/Health Care (GICSsector-35) Curalogic 01-jun 1,3-2,1-75 0,5 Curalogic 1) 16-jun 0,2-2,3-75 0,5 LifeCycle Pharma 13-nov 11,0-28, LifeCycle Pharma 1) 23-nov 1,7-30, ChemoMetec 18-dec 1,2-17,0-8,35 1 SUM - CSE35 15,3-80, Finans/Financials (GICSsector-40) KapitalPleje 08-feb 867,0-870, Formuepleje Safe 12-apr 37,3-140,3-139,40 10 Formuepleje Epikur 09-jun 45,0-377,5-609, Formuepleje Penta 09-jun 100, ,0-355, Formuepleje Optimum 22-jun 50,0-875, Formuepleje Pareto 22-jun 29,5-400,0-223, Formuepleje LimiTTellus 14-sep 78,0-853,0-128, Formuepleje Merkur 27-okt 218,0-335,0-261, Griffin III Berlin B 01-dec 262,5-262,5-2 1 Sparekassen Himmerland 01-dec 10,0-55,

25 SUM - CSE , , Informationsteknologi/IT (GICSsector-45) cbrain 22-feb 0,5-5,0-5 0,25 Mondo 06-okt 2,6-12,8-11,50 1 Comendo 20-dec 2,0-16,5-7,50 1 SUM - CSE45 5,1-34, Telekommunikation service/telekommunication services (GICSsector-50) SUM - CSE , Forsyning/Utilities (GICSsector-55) SUM - CSE , TOTAL Introduktioner/IPO's 2.133, , ) Udnyttelse af option på forhøjelse af udbudt kapital i forbindelse med børsintroduktion Tallene i () indgår ikke i totalerne 1) Utilisation of option on increase in capital subscribed Figures in () are not included in the totals. Københavns Fondsbørs A/S

26 Tilbage til forside Slettede selskaber, år til dato Delisted companies, year to date Selskab Dato Nominel Aktie- Antal for sletning kapital, mio. kr. størrelse slettede i 1000 Company Date when Nom. capital Face value No. of delisted delisted DKKm shares in 1000 SUM - CSE15-0,0-0,0 Industri/Industrials (GICSsector-20) Potagua Kapital 24-feb 27, ,8 Nordisk Solar Compagni B 26-apr 375, ,0 Nordisk Solar Compagni ord. 26-apr 347, ,6 Potagua FLS B 03-aug 275, ,5 Color Print 18-sep 24, ,0 SUM - CSE , ,8 Forbrugsgoder/Consumer Discretionary (GICSsector-25) Nørhaven 29-mar 23, ,0 SUM - CSE25-23,4-234,0 Konsumentvarer/Consumer Staples (GICSsector-30) SUM - CSE30-0,0-0 Sundhedspleje/Health Care (GICSsector-35) SUM - CSE35-0,0-0,0 Finans/Financials (GICSsector-40) SUM - CSE40-0,0-0,0 Informationsteknologi/IT (GICSsector-45) SUM - CSE45-0,0-0,0 Telekommunikation service/telekommunication services (GICSsector-50) SUM - CSE50-0,0-0,0 Forsyning/Utilities (GICSsector-55) Nesa 30-maj 135, ,0 SUM - CSE55-135, ,0 TOTAL slettede , ,8 Tallene i () indgår ikke i totalerne Bracketed figures are not included in the totals

27 Tilbage til forside Go to front page Ændringer på Københavns Fondsbørs i ISIN-kode, papirnavn eller aktiestørrelse, år til dato Changes in ISIN-code, Name or Face Value on the Copenhagen Stock Exchange during 2006 Papirnavn Aktiestørrelse Name Face Value Dato for ændring Gammelt Nyt Gammel Ny Date Old New Old New of change CSE20 Industri/Industrials: 06-jan VT Holding SKAKO Industries apr Solar Holding Solar maj FLSmidth & Co. B FLSmidth & Co maj DLH B maj Dantherm Holding Dantherm nov SIS International Tower Group - - CSE25 Forbrugsgoder/Consumer Discretionary: 14-mar AB B Schaumann Properties B 24-mar Schaumann Properties B Schaumann Properties maj AaB maj Denka Holding B BoConcept Holding B jun Scandinavian Brake Systems sep BoConcept Holding B CSE30 Konsumentvarer/Consumer Staples: CSE35 Sundhedspleje/Health Care: 13-jul Torsana B Victoria Properties B okt Victoria Properties B Victoria Properties - - CSE40 Finans/Financials: 02-mar Ringkjøbing Landbobank apr ebh bank apr Nordjyske Bank apr Amagerbanken apr Theodor Ejendomsinvest Walls maj Spar Nord Bank maj Walls nov Roskilde Bank dec National Bank of Greece - EUR 4,5 EUR 5 CSE45 Informationsteknologi/IT: CSE50 Telekommunikation service/telekommunication services: CSE55 Forsyning/Utilities Københavns Fondsbørs A/S

28 Tilbage til forside Nye selskaber, år til dato New Companies, year to date 1. note- Nytegning Salg Nominel Min. kurs/ Afreg- Selskab ringsdag DKK DKK kapital Kurs- ningskurs DKK interval Company First day Introductions Sale Nominal Minimum Settleof listing in DKK in DKK value of price/ ment introduction price band price in DKK CSE10 Materialer/Materials: SUM - CSE SUM - CSE15 0-0,0 - - CSE20 Industri/Industrials: Erria 08-nov SCF Technologies 28-nov SUM - CSE CSE25 Forbrugsgoder/Consumer Discretionary: Nordic Tankers 12-jun Nordic Tankers 1) 29-jun SUM - CSE Konsumentvarer/Consumer Staples (GICSsector-30) SUM - CSE Sundhedspleje/Health Care (GICSsector-35) Exiqon 29-maj Exiqon 1) 08-jun SUM - CSE Finans/Financials (GICSsector-40) Scandinavian Private Equity 12-feb DK Trends Invest 06-jun ,75 banktrelleborg 07-jun Føroya Banki 21-jun Føroya Banki 1) 28-jun Griffin IV Berlin B 06-jul Eik Banki 11-jul Eik Banki 18-jul Investea German High Street II B 20-sep Deltaq 28-sep ,50 Sparekassen Lolland 15-okt KlimaInvest 30-okt Sparekassen Hvetbo 23-nov

29 SUM - CSE Informationsteknologi/IT (GICSsector-45) Euroinvestor.com 14-jun ,50 SUM - CSE Telekommunikation service/telekommunication services (GICSsector-50) Trifork 20-dec ,50 SUM - CSE Forsyning/Utilities (GICSsector-55) SUM - CSE TOTAL Introduktioner/IPO's ) Udnyttelse af option på forhøjelse af udbudt kapital i forbindelse med børsintroduktion Tallene i () indgår ikke i totalerne 1) Utilisation of option on increase in capital subscribed Figures in () are not included in the totals. OMX Nordic Exchange Copenhagen A/S

30 2007 Tilbage til forside Slettede selskaber, år til dato Delisted companies, year to date Selskab Dato Nominel Aktie- Antal aktier for sletning kapital, DKK størrelse Company Date when Nom. capital Face value No. of delisted delisted DKK shares SUM - CSE15-0,0-0 Industri/Industrials (GICSsector-20) Bioscan 21-feb SUM - CSE Forbrugsgoder/Consumer Discretionary (GICSsector-25) SUM - CSE Konsumentvarer/Consumer Staples (GICSsector-30) SUM - CSE Sundhedspleje/Health Care (GICSsector-35) SUM - CSE Finans/Financials (GICSsector-40) Codan 31-jul Keops 20-sep SUM - CSE Informationsteknologi/IT (GICSsector-45) SUM - CSE Telekommunikation service/telekommunication services (GICSsector-50) SUM - CSE Forsyning/Utilities (GICSsector-55) SUM - CSE TOTAL slettede Tallene i () indgår ikke i totalerne Bracketed figures are not included in the totals OMX Nordic Exchange Copenhagen A/S

31 Tilbage til forside Go to front page Ændringer på OMX Nordic Exchange Copenhagen A/S i ISIN-kode, papirnavn eller aktiestørrelse, år til dato Changes in ISIN-code, Name or Face Value on the Copenhagen Stock Exchange during 2007 ISIN-kode Papirnavn Aktiestørrelse ISIN code Name Face Value Dato for ændring Gammel Ny Gammelt Nyt Gammel Ny Date Old New Old New Old New of change CSE10 Materialer/Materials: 23-maj DK DK D/S TORM CSE20 Industri/Industrials: 12-jan DK Tower Group maj DK DK D/S Norden maj DK DK DSV jun GB00B01FLG62 - Group 4 Securicor G4S aug DK Glunz & Jensen B Glunz & Jensen dec DK DK ITH Industri Invest Renewagy 20 1 CSE25 Forbrugsgoder/Consumer Discretionary: 18-maj DK Bodilsen Holding Holdingselskabet af 25. november jul DK Live Networks Holding Europeinvestment CSE30 Konsumentvarer/Consumer Staples: CSE35 Sundhedspleje/Health Care: 03-dec DK DK Novo Nordisk B dec DK Pharmexa CSE40 Finans/Financials: 09-mar DK DK Forstædernes Bank mar DK Sparbank Vest Sparbank mar DK DK DiBa Bank mar SE Nordea Bank - UR 0,39632 EUR 1 18-apr DK DK Totalbanken maj DK Asgaard Development Asgaard Group jun DK DK Hadsten Bank Aarhus Lokalbank CSE45 Informationsteknologi/IT: CSE50 Telekommunikation service/telekommunication services: CSE55 Forsyning/Utilities OMX Nordic Exchange Copenhagen A/S

32 2008 Tilbage til forside Nye selskaber, år til dato Go to front page New Companies, year to date 1. note- Nytegning Salg Nominel Min. kurs/ Afreg- Aktie- Provenu Provenu Udbudstype Selskab ringsdag DKK DKK kapital Kurs- ningskurs størrelse af nytegning af salg DKK interval DKK DKK Company First day Introductions Sale Nominal Minimum Settle- Face Capital of Sale Type of offer of listing in DKK in DKK value of price/ ment Value new in DKK introduction price band price companies in DKK in DKK CSE10 Materialer/Materials: SUM - CSE10 0,0-0, ,0 0,0 NunaMinerals 04-jun IPO SUM - CSE15 0, , ,0 0,0 CSE20 Industri/Industrials: Atlantic Airways 05-nov IPO SUM - CSE20 0, , ,0 0,0 CSE25 Forbrugsgoder/Consumer Discretionary: SUM - CSE25 0,0-0, ,0 0,0 Konsumentvarer/Consumer Staples (GICSsector-30) SUM - CSE30 0,0-0, ,0 0,0 Sundhedspleje/Health Care (GICSsector-35) SUM - CSE35 0,0-0, ,0 0,0 Finans/Financials (GICSsector-40) FormueEvolution I 25-apr Fast kurs FormueEvolution II 25-apr Fast kurs Prime Office 10-jul Fast kurs Investea Sweden Properties B 15-dec Fast kurs SUM - CSE , , , ,0 Informationsteknologi/IT (GICSsector-45) SUM - CSE45 0,0-0, ,0 0,0 Telekommunikation service/telekommunication services (GICSsector-50) SUM - CSE50 0,0-0, ,0 0,0 Forsyning/Utilities (GICSsector-55) SUM - CSE55 0,0-0, ,0 0,0 TOTAL Introduktioner/IPO's

33 1) Udnyttelse af option på forhøjelse af udbudt kapital i forbindelse med børsintroduktion Tallene i () indgår ikke i totalerne 1) Utilisation of option on increase in capital subscribed Figures in () are not included in the totals. NASDAQ OMX Copenhagen A/S

34 2008 Tilbage til forside Slettede selskaber, år til dato Delisted companies, year to date Selskab Dato Nominel Aktie- Antal aktier for sletning kapital, DKK størrelse Company Date when Nom. capital Face value No. of delisted delisted DKK shares SUM - CSE15-0,0-0 Industri/Industrials (GICSsector-20) Baggrund for sletning Reason for being delisted Go to front page SUM - CSE20-0,0-0 Forbrugsgoder/Consumer Discretionary (GICSsector-25) Europeinvestment 04-nov Sletning truffet af børsen, da selskabet ikke længere opfyldte børsens regler, jf. vphl 25, stk. 1 SUM - CSE , Konsumentvarer/Consumer Staples (GICSsector-30) BioMar Holding 22-apr Fusion mellem Schouw & Co. A/S og BioMar Holding A/S med Schouw & Co. som fortsættende selskab Hedegaard 25-nov Tvangsindløsning iværksat af Dan Agro Holding A/S SUM - CSE , Sundhedspleje/Health Care (GICSsector-35) SUM - CSE35-0,0-0 Finans/Financials (GICSsector-40) banktrelleborg 29-jan Tvangsindløsning iværksat af Sydbank i medfør af 144 i lov om finansiel virksomhed OMX 05-maj (SEK ) SEK 2 (EUR ) Tvangsindløsning iværksat af NASDAQ OMX Group, Inc., efter svensk selskabslovgivning Lokalbanken i Nordsjælland 29-okt Tvangsindløsning iht. 20 b i A/S-loven, iværksat af Handelsbanken Forstædernes Bank 03-nov Tvangsindløsning iværksat af bestyrelsen i Forstædernes Bank og Nykredit Realkredit A/S National Bank of Greece 29-dec (EUR ) EUR 5 (EUR ) På selskabets egen anmodning Ringkjøbing Bank 29-dec Fusion mellem Vestjysk Bank A/S og Ringkjøbing Bank A/S med Vestjysk Bank A/S som det fortsættende selskab SUM - CSE , Informationsteknologi/IT (GICSsector-45) EDB Gruppen 03-nov Tvangsindløsning iværksat af Cidron IT A/S og bestyrelsen i EDB Gruppen SUM - CSE , Telekommunikation service/telekommunication services (GICSsector-50) SUM - CSE50-0,0-0 Forsyning/Utilities (GICSsector-55) SUM - CSE55-0,0-0 TOTAL slettede Tallene i () indgår ikke i totalerne