Corporate structure and shareholders
Adval Tech Holding AG, incorporated in Niederwangen, Switzerland, is organized as a holding company under Swiss law and directly or indirectly owns all Adval Tech companies worldwide. Following the successful sale of the Molds segment (FOBOHA companies), since September 1, 2016 the Adval Tech Group has focused on the automotive market and related applications through its components business area (metal and plastic components). The operating business units report directly to the CEO.
Group management and group financing are conducted through Adval Tech Management AG and Adval Tech Holding AG. Business is conducted through the relevant group companies. The current group structure is shown here.
Since July 5, 2004, Adval Tech has had a single class of shares (registered shares). All registered shares are listed on SIX Swiss Exchange under securities code number 896 792 and are traded in the Swiss Reporting Standard. From June 4, 1998 until July 4, 2004, the Adval Tech B registered shares were listed on SIX Swiss Exchange under the above securities code number.
The SIX Swiss Exchange ticker symbol for Adval Tech registered shares is ADVN, the Reuters symbol is ADVN.S, and the Bloomberg symbol is ADVN SW. The ISIN number is CH0008967926. The market capitalization of Adval Tech Holding AG on December 31, 2016, was CHF 171.6 million.
On December 31, 2016, Adval Tech Management AG held 800 registered shares in Adval Tech Holding AG giving it a stake of 0.11% (previous year: 638 registered shares). The remaining group companies hold no shares in Adval Tech Holding AG.
The following companies are included in the scope of consolidation on December 31, 2016: