Stock markets experienced a difficult, yet promising 2012. Performance during the first half of the year for most of the main equity indices was weak, with some major declines up until the end of July. However, after the high volatility seen during the summer, most indices started to grow at a steady pace, and, as the year came to an end, managed to show a low double digit positive performance. Amadeus shares were an exception, and despite the widespread uncertainty in financial markets, the Amadeus share price managed to deliver a 52% increase during the year, trading at €19.05 at the end of the year, compared to €12.54 a year earlier. Other than this outstanding share price performance, Amadeus also achieved recognition through inclusion in the Dow Jones Sustainibility Index, in recognition of our company’s commitment to the environment and best sustainability practices.
During the year, a dividend of €0.37 per share was paid, and the company stands by its intention to return cash to its shareholders in 2013, with a proposed dividend policy that will increase dividend per share to €0.50, a 2.6% yield on the 2012 year end share price and an increase of 35% vs. last year.
As of December 31, 2012 the share capital of our company was represented by 447,581,950 shares with a nominal value of €0.01 per share.
The shareholding structure as of December 31, 2012 was as described in the table on this page. During the year, a number of placings took place amongst institutional investors, as some of our share holders sold part of their stakes in the company shares: