shareholder base
Due to our large geographical presence we have a wide spread of shareholders over the globe. We have a relatively high presence in Dutch based shareholders due to our Dutch roots.
Under the Disclosure of Major Holdings in Listed Companies Act, shareholders are obliged to give notice of interests exceeding certain thresholds to the Netherlands Authority for the Financial Markets (AFM).
major shareholders*1
1*As last reported to the Dutch Authority for the Financial Markets.
2*Mainly based on preference shares (Stichting Administratiekantoor Preferente Aandelen Randstad Holding) or depositary receipts of such shares (NN Group, ASR, Richmond), which explains the difference in nominal stake and voting rights.
ordinary shares
The issued share capital of Randstad N.V. currently consists of approximately 180.9 million ordinary shares, 25.2 million Type-B and 50.1 million Type-C preferred financing shares. The ordinary shares have equal voting rights (‘1 share, 1 vote’). The holders of approximately 95.8% of ordinary shares have been able to make unrestricted use of their voting rights at the Annual General Meeting of Shareholders. The other 4.2% of ordinary shares has been converted into depository receipts. A foundation, Stichting Administratiekantoor Randstad Optiefonds, holds those shares to which the attached voting rights are vested. The depository receipts issued by Stichting Administratiekantoor Randstad Optiefonds are fully exchangeable into ordinary shares, and are held by Stichting Randstad Optiefonds. Randstad Beheer, is the sole board member of Stichting Administratiekantoor Randstad Optiefonds.
preference shares
The foundation of Stichting Administratiekantoor Preferente Aandelen Randstad holds Type-B and Type-C preferred financing shares. The voting rights attached to these shares which can be exercised at an Annual General Meeting of shareholders are aligned with the historical capital contribution and are vested in this foundation. The Type-C shares are split into two type of shares: C1 and C2. The board members of the foundation are fully independent of both the company's management and other shareholders. The board comprises Annelies van der Pauw (Chair), Claartje Bulten and Eric van Leeuwen. Following an amendment to the Articles of Association in 2008, the preferred shares are classified as equity. For an overview of the voting rights relating to ordinary shares and the Type-B and Type-C preferred financing shares, please see the table below.
share capital and voting rights (position as at December 31, 2023)
Randstad N.V. may issue Type-A preferred shares to a legal entity charged with safeguarding the company’s interests and preventing influences that may threaten its continuity, independence or identity. To date no such shares have been issued. Resolutions for such issue would require the cooperation of the Annual General Meeting of Shareholders.