Shareholder structure

The Principality of Liechtenstein’s holding of 17.7 million LLB shares (57.5 % of the share capital) remained unchanged in 2017 on the previous year. In 2011, the Liechtenstein Government, as the representative of the majority shareholder, adopted the ownership strategy it has been pursuing in regards to the Principality’s equity stake in Liechtensteinische Landesbank AG. The Liechtenstein Government thereby explicitly supports the stock exchange listing of LLB and retains a majority stake of at least 51 percent.

LLB held 6.2 percent (2016: 6.4 %) of its own shares as at the end of the reporting year. No other shareholder held more than 3 percent of the share capital in the reporting year. A total of 11’177’063 shares, or 36.3 percent, were in free float as at 31 December 2017 (31.12.2016: 10’232’642 or 33.2 %).

Overall 85.1 percent of the 30.8 million total registered shares were entered in the share register as at 31 December 2017. 14.9 percent, or 4’580’115 shares, were not registered.

Shareholder structure in percent
Shareholder structure in percent (pie chart)