17 Equity

Share capital

The share capital of CHF271.9 million (2008: CHF218.4 million) consists of 27,189,873 registered shares of CHF 10 each (21,837,918 registered shares) and is fully paid up. Shareholders registered in the share register were:

% Ownership interest at 31 Dec 2008 Ownership interest at 31 Dec 2009
EOS Holding (EOSH) 18.6 31.4
EDF Alpes Investissements Sàrl (EDFAI) 23.2 25.0
Elektra Birseck Münchenstein (EBM) 18.1 13.6
Elektra Baselland Liestal (EBL) 9.4 7.1
Canton of Solothurn (KtSO) 7.4 5.6
A2A S.p.A. 6.4 5.2
Energie Baden-Württemberg (EnBW) 2.9 2.3
Aziende Industriali di Lugano (AIL) 2.8 2.1
IBAarau (IBA) 2.7 2.0
Wasserwerke Zug (WWZ) 1.2 0.9
Free float 5.9 4.8
Treasury shares 1.4 0.0
     

Following the Extraordinary General Meeting on 27 January 2009, the Board of Directors decided to call on the additional authorised capital and increase the company's share capital by issuing 5,666,241 registered shares with an aggregate par value of CHF56.7 million. In addition, it approved a capital reduction through the cancellation of 314,286 registered shares with an aggregate par value of CHF3.1million that were held as treasury shares. The capital increase and cancellation of shares took place on 28 January 2009 and 28 May 2009 respectively.

Treasury shares

At 31 December 2008, the subsidiary Aare-Tessin Ltd. for Electricity held 314,286 registered shares of Atel Holding Ltd with an aggregate par value of CHF3.1 million. Under Swiss corporation law, those shares qualified as treasury shares. As explained above, they were cancelled in the reporting period. No treasury shares were acquired or sold during the reporting period.