1. Group structure and shareholders

1.1 Group structure 

1.1.1 Operational Group structure 

Implenia Ltd., which is organised as a holding company, is the group company responsible for overall management of Implenia Group.

During the year under review, Implenia strengthened its presence in Germany with the acquisition of Bilfinger Hochbau GmbH. This led to a reorganisation of the former Business Unit Germany & Austria. There are now three Business Units in German-speaking countries outside Switzerland: Construction Deutschland, Hochbau Deutschland and Austria & Romania. In Switzerland, meanwhile, Business Units Construction German-speaking Switzerland and Construction French-speaking Switzerland were merged to form Business Unit Construction Switzerland. Since then, Implenia has been divided into the following business units:

Implenia Group

The operational units are supported by the corporate units Human Resources, Technical Center, IT and Corporate Center. The Corporate Center provides central services including Corporate Controlling, Corporate Reporting & Tax, Business Development, Treasury & Investor Relations, Legal, Marketing/Communications, Insurance and Procurement.

Implenia’s reporting is based on the following segments: Development, Switzerland, Infrastructure, International and Miscellaneous/Holding. Segment activities are described in the Notes to the Financial Report. (see pages 232–233). 

1.1.2 Listed companies within the Group 

Implenia Group comprises only one publicly listed company, Implenia Ltd., which has its registered office in Dietlikon, Canton Zurich. It has been listed on the SIX Swiss Exchange AG (security no. 2 386 855, ISIN code CH0023868554, abbreviation IMPN) since 6 March 2006. These Group holdings do not include any listed companies. As at 31 December 2017, Implenia Ltd.’s market capitalisation amounted to CHF 1.2 billion.

1.1.3 Unlisted companies within the Group 

The main unlisted companies in the Group, with their official names, registered offices, share capital and the size of the stake held by the Group, are listed on pages 288–289 in the Notes to the Financial Report.

1.2 Significant shareholders 

Switzerland’s Financial Market Infrastructure Act (Federal Act on Financial Market Infrastructures and Market Conduct in Securities and Derivatives Trading, FMIA) dictates that shareholders of a listed company in Switzerland whose voting rights reach, exceed or fall below certain thresholds based on their proportion of total share capital must report and disclose these movements.

According to disclosure notifications made to SIX Swiss Exchange and the Share Register, the shareholders listed below held more than 3 percent of Implenia Ltd.’s share capital and voting rights on 31 December 2017.

All reports relating to disclosures pursuant to Art. 120 FMIA published during the year under review and since 1 January 2018 can be found at the Disclosure Office of the SIX Swiss Exchange AG at the following link:

https://www.six-exchange-regulation.com/en/home/publications/significant-shareholders.html

1.3 Cross-shareholdings 

There are no cross-shareholdings.