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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 voting rights and shares as of January 31, 2021. The company reported a total of 686,629,600 shares and 712,722,584 theoretical voting rights, with 675,888,894 exercisable voting rights. This information complies with French regulations, ensuring transparency in shareholding thresholds. The distinction between theoretical and exercisable voting rights is highlighted, where the former includes shares with suspended voting rights.

Positive
  • Transparency in reporting voting rights and shares
  • Compliance with French financial regulations
Negative
  • None.

DANONE

French Société anonyme with a capital of €171,657,400.
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
31/01/2021686,629,600Total number of theoretical voting rights(1) : 712,722,584

 

Total number of exercisable voting rights(2) : 675,888,894

 (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 was the total number of shares reported by Danone on January 31, 2021?

Danone reported a total of 686,629,600 shares as of January 31, 2021.

How many theoretical voting rights does Danone have?

Danone has a total of 712,722,584 theoretical voting rights.

What are the exercisable voting rights for Danone as of January 31, 2021?

As of January 31, 2021, Danone has 675,888,894 exercisable voting rights.

Why does Danone report both theoretical and exercisable voting rights?

Danone reports both to ensure transparency about shareholding thresholds and to comply with French financial regulations.

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