Shareholder structure

Shareholders holding more than 3% of the registered share capital (as shown in the shareholders’ register or according to the latest published disclosure report), as recorded in the Commercial Register on December 31, 2019, are listed below.

Dr. h.c. Willy Michel*28.9%23.8%
Artemis Beteiligungen I AG, Hergiswi 1) 21.5%21.2%
Grapha Holding AG, Hergiswil 2)8.8%8.8%
J. Safra Sarasin Investment Fonds AG*8.5%8.5%
Hansruedi Bienz7.5%7.5%
Einfache Gesellschaft Dreier 3)3.5%3.5%


Benefical owners:

1) Michael Pieper, Hergiswil Switzerland

2) Rudolf B. Müller, Hergiswil, Switzerland

3) Hans Dreier, Niederwangen, Switzerland; Rudolf Dreier, Altendorf, Switzerland

* Effective amount of holding as at December 31, 2019 and December 31, 2018

There are no shareholders’ pooling agreements and no capital or voting cross-holdings. The overall structure of shareholdings at December 31, 2019, was as follows:

Number of sharesNumber of shareholders
1 to 100348
101 to 1'00098
1'001 to 10'00017
more than 10'0008