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Danone: Information on the total number of voting rights and shares

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Danone disclosed the total number of shares and voting rights as of May 31, 2024. The company, listed under the stock symbol DANOY, registered a total of 679,260,800 shares. The total theoretical voting rights stood at 700,820,680, while the total exercisable voting rights were 664,921,936. These figures comply with Article L. 233-8 II of the French Commercial Code and Article 223-16 of the General Regulation of the Financial Markets Authority (AMF). The publication aims to ensure transparency in shareholder voting dynamics, differentiating between 'gross' and 'net' voting rights as recommended by the AMF.

Positive
  • Danone maintains transparency by disclosing its voting rights structure, complying with regulatory requirements.
  • Total shares amount to 679,260,800, indicating substantial shareholder equity.
  • The publication differentiates between theoretical and exercisable voting rights, enhancing clarity for investors.
Negative
  • A significant discrepancy between total theoretical voting rights (700,820,680) and exercisable voting rights (664,921,936) may indicate a portion of shares with suspended voting rights.

DANONE

French Société anonyme with a capital of €169,815,200,00.
Registered Office: 17, boulevard Haussmann, 75009 Paris.
Registered with the Paris Commerce and Company Registry under number 552 032 534

Information on the total number of voting rights and shares

in compliance with Article L. 233-8 II of the French Commercial Code and with Article 223-16 of the General Regulation of the Financial Markets Authority (AMF- Autorité des Marchés Financiers)

DateTotal number of sharesTotal number of voting rights


31/05/2024


679,260,800


Total number of theoretical voting rights(1) : 700,820,680



Total number of exercisable voting rights(2) : 664,921,936



(1) The total number of theoretical voting rights (or “gross” voting rights) is used as the basis for calculating the crossing of shareholding thresholds. In accordance with Article 223-11 of the AMF General Regulation, this number is calculated on the basis of all shares to which voting rights are attached, including shares whose voting rights have been suspended.

(2) The total number of exercisable voting rights (or ”net” voting rights) is calculated without taking into account the shares with suspended voting rights. It is published to ensure that the public is properly informed in accordance with the recommendation made by the AMF on July 17, 2007.

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FAQ

What is the total number of shares for Danone as of May 31, 2024?

The total number of shares for Danone as of May 31, 2024, is 679,260,800.

How many theoretical voting rights does Danone have?

Danone has a total of 700,820,680 theoretical voting rights as of May 31, 2024.

What are Danone's exercisable voting rights as of May 31, 2024?

Danone's total exercisable voting rights are 664,921,936 as of May 31, 2024.

Why is there a difference between Danone's theoretical and exercisable voting rights?

The difference is due to shares with suspended voting rights being excluded from the exercisable voting rights.

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