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Section II - Information on ownership structure

1. Structure of share capital and changes in shareholder structure and market capitalisation

The table below shows the structure of Snam’s share capital, which, as at the Report approval date, amounted to € 3,696,851,994.00, divided into 3,500,638,294 ordinary registered shares, with no nominal value.

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Share class

No. of shares

Proportion of share capital (%)

Listing market14

and obligations


Snam shares are listed on the FTSE MIB index of Borsa Italiana and are present on the main international indices (STOXX Europe 600, STOXX Europe Utilities), as well as on the main sustainability indices (Dow Jones Sustainability, FTSE4Good, CDP Italy Climate Disclosure Leadership Index, Stoxx Global ESG Leaders, MSCI, United Nations Global Compact 100 and Vigeo-Ethibel).

Ordinary shares with no nominal value




The shares are indivisible, and each share entitles the holder to one vote. Shareholders may exercise corporate and ownership rights, subject to the limits set forth by the regulations in force and by the Bylaws.

As at the Report approval date, the Company holds 1,127,250 treasury shares, equal to 0.03% of the share capital. The floating capital is 67.1%.

The Company’s market capitalisation rose from € 14,383 million as at 31 December 2014 to € 16,973 million as at 31 December 2015 (based on an official price of € 4.85 per share and a total number of shares in circulation of 3,499,511,044).

Chapter entry image – Section II – Information on ownership structure (photo)
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