ALSO’s freefloat increases to 48.7 percent from 41.1 percent (as of December 31, 2016). This is due to the ongoing exchange of ALSO shares relating to the Exchangeable Bond issued by a Schindler Group company. As a result, Schindler announced that Schindler Group’s investment holding of ALSO shares has fallen below 5 percent. Special Distribution Holding GmbH remains the majority shareholder of ALSO Holding AG (SIX: ALSN) with a shareholding of 51.3 percent. By the end of fiscal year 2016, the number of ALSO shareholders had increased from around 850 to more than 1700.
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