Share Capital

ERG's share capital amounts to EUR 15,032,000 and is represented by 150,320,000 registered ordinary shares with a par value of EUR 0.10 each. The shares are indivisible and each share gives the right to one vote.

The following table shows the main changes that occurred in ERG's Share Capital from the date it was listed until today.

 
Effective date Number of shares Par Value 

Share capital ITL/EUR

Description of operation Change in no.shares

15/10/1997

160,000,000 Lit. 100 Lit. 16,000,000,000

Share capital increase after placing company shares on the Stock Exchange

 +38,000,000
08/07/1998 160,260,000 Lit. 100

Lit. 16.026.000.000

Share capital increase + 260,000
07/10/1999 160,660,000 Lit. 100

Lit. 16,066,000,000

Share capital increase + 400,000
17/05/2001 160,660,000 € 0.10

€ 16,066,000

Conversion of par value of shares from ITL to EUR -
11/07/2002 161,080,000 € 0.10

€ 16,108,000

Share capital increase + 420,000
09/09/2002 161,782,000 € 0.10

€ 16,178,200

Share capital increase + 702,000
04/08/2005 150,320,000 € 0.10 € 15,032,000 Share capital decrease by cancelling treasury shares

- 11,462,000