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MEDIASET ESPAÑA COMUNICACIÓN, S.A. AND SUBSIDIARIES
15. EQUITY
15.1. Share capital
At 31 December 2011, the Parent Company’s share capital comprised 406,861,426 shares with a nominal value of EUR
0.5 each, all represented by book entries. In 2010, the shares totalled 406,861,426 and had the same nominal value. All
share capital has been fully subscribed and paid up and is held as follows:
2011
2010
OWNER
% INTEREST
% INTEREST
Mediaset Investimenti, S.p.A.
41,2
41,2
Grupo Prisa
17,3
17,3
Market
39,9
39,9
Treasury shares
1,6
1,6
Total
100,0
100,0
The ultimate parent of Mediaset Investimenti, S.p.A. is Fininvest S.p.A., domiciled in Italy.
Two capital increases were carried out in 2010:
First capital increase
On 13 December 2010, Mediaset España Comunicación, S.A. increased share capital by a nominal amount of EUR
43,409 thousand through the issue of 86,817,700 new ordinary shares of the same class and series as those already in
circulation and with pre-emptive subscription rights for existing shareholders at that time.The issue price for the new
shares was EUR 5.75 per share, for a total amount of EUR 499,202 thousand.
Each existing share (excluding treasury shares held by Mediaset España Comunicación, S.A.) is entitled to one pre-
emptive subscription right, with 14 pre-emptive subscription rights required to subscribe five newly issued shares.
The capital increase was fully subscribed and paid in.
The Company’s controlling shareholder subscribed all the
corresponding shares in the exercise of pre-emptive subscription rights.
Second capital increase
On 29 December 2010, pursuant to the resolutions adopted by the shareholders of Mediaset España Comunicación,
S.A. in a general meeting held 24 December 2010, a non-monetary capital increase was carried out consisting of the
entire share capital of “Sociedad General de Televisión Cuatro, S.A.U.” for a nominal amount of EUR 36,701 thousand
through the issue of 73,401,870 new ordinary shares of EUR 0.50 par value each, all of the same class and series of
those already outstanding.
The new shares were issued at their par value (EUR 0, 50) plus a share premium of EUR 7, 30 per share, leaving an issue
price of EUR 7.80 per share.The total amount of the capital increase was EUR 614,741 thousand.
The total expense for the two capital increases was EUR 5,495 thousand, recognised under “Equity – Share premium”,
and in 2011, it was EUR 1,104 thousand.
Share transfers are governed by the General Audiovisual Communication Law 7/2010, of March 31.