Shareholding split (31/12/2024)
EPRA NAV indicators per share (Trends)
December 31, 2023
December 31, 2024
NRV
NTA
NDV
NRV
NTA
NDV
SHAREHOLDERS’ EQUITY IN € MILLION
1,887.8
1,887.8
1,887.8
2,226.1
2,226.1
2,226.1
SHAREHOLDERS’ EQUITY IN €/SHARE
81.8
81.8
81.8
87.6
87.6
87.6
= NAV In € MILLION
2,090.7
1,826.6
1,903.4
2,456.9
2,170.0
2,221.7
= NAV In €/SHARE
90.6
79.1
83.6
96.7
85.5
87.5
Analysts’ coverage
- Barclays
- Berenberg
- Degroof Petercam
- Invest Securities
- Jefferies
- KBC Securities
- Kempen
- Kepler Cheuvreux
- Oddo BHF
How to become an ARGAN shareholder
Bearer shares
This form of shareholding is the most common. The purchase and day-to-day management of your shares are handled by the financial intermediary of your choice. Your name does not appear in ARGAN’s shareholder register, which allows you to consolidate all your securities with a single intermediary.
Registered shares (pure registered form)
Your shares are registered directly in ARGAN’s name, which allows for a personalized relationship with you. The management of your shares is handled by Uptevia, which is responsible for ARGAN’s share registry services.
This form of shareholding allows you to benefit from free custody fees and exemptions from certain management charges:
- Fees for transferring shares and converting them to bearer form,
- Dividend payment fees,
- Fees related to corporate actions (capital increases, etc.).
Administered registered shares
Your shares remain registered with your financial intermediary, who is responsible for their custody and management. This arrangement operates in a similar way to the bearer form.
However, your intermediary must inform Uptevia of the registration of your shares in administered registered form. This mode allows you to be identified and to benefit from direct communication with Uptevia.
Advantages of registered shares (pure or administered)
Holding your shares in registered form allows you to automatically receive personalized information, such as:
- Information documents about ARGAN (Annual Report, etc.),
- Notices to attend General Meetings,
- The voting form and admission card.
In addition, the pure registered form offers free custody and day-to-day management fees, which are covered by ARGAN — unlike the administered registered form.
How to register your shares in the registered form?
If your ARGAN shares are currently held in bearer form and you wish to register them in pure or administered registered form, simply submit a request to your financial intermediary, who will handle the necessary procedures with Uptevia.
If you are not yet a shareholder and wish to acquire shares in pure registered form, you will need to sign a securities account agreement with Uptevia.
For any assistance, you can contact Uptevia at the following address:
Uptevia – Relations Actionnaires
90-110 esplanade du Général de Gaulle, 92931 Paris La Défense Cedex