Shareholders structure

In 2011, the Principality of Liechtenstein maintained its 57.5 percent of the LLB shares unchanged. As representative of the majority shareholder, the Liechtenstein Government adopted the strategy it had been pursuing in regards to the Principality's investment in Liechtensteinische Landesbank AG. With the enactment of the investment strategy a provision of the law concerning the control and supervision of public companies (ÖUSG) of 2009 was implemented. The Government explicitly supports LLB as a listed company and is committed to keeping its majority equity stake of at least 51 percent.

At the end of the report year, LLB held 7.7 percent of its own shares, 4.5 percent were held by Thornburg Investment Management Inc. and 0.1 percent by the members of the Board of Directors and the Board of Management. All remaining shares were in free float as at 31 December 2011, whereby none of the other shareholders held more than 3 percent of the share capital.

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