Shareholders and Financial Backers

Chart 31 – PERCENTAGE OF ADDED VALUE DISTRIBUTED AMONG SHAREHOLDERS AND FINANCIAL BACKERS (2009)

 

Chart 31 – PERCENTAGE OF ADDED VALUE DISTRIBUTED AMONG SHAREHOLDERS AND FINANCIAL BACKERS (2009)

 

Article 16 of the Acea Code of Ethics concerns relations with shareholders and focuses company conduct on the highest level of correctness and transparency. Furthermore, this Code comprises a number of operational regulations concerning the running of Shareholders’ Meetings, Internal Dealing94, preparation
of corporate documentation, relations with related parties etc., to ensure constant and correct information reaches current and potential partners and financial backers – on equal standing with shareholders – and thorough and prompt communication of important information to the market and Supervisory Authorities.
The Holding Company’s Investor Relations Division – directly under the CEO – is responsible for ensuring the best possible relations with the financial community.

94 Internal Dealing was established to the effects and purposes of Consolidated Law on Finance and regulates obligations concerning the conduct and information of important subjects within a company in relation to financial operations concerning Acea shares.