As of 31 December 2018, the Company's total share capital and total number of voting rights amount to:
Share capital (nominal): DKK 50,473,595
Number of voting rights: 252,367,975
Demant’s nominal share capital is divided into 252,367,975 shares of DKK 0.20 each. All shares are the same class and carry one vote each.
The reduction in the Company’s nominal share capital by DKK 1,319,660 compared to the end of 2017 is due to the cancellation of 6,598,300 treasury shares of DKK 0.20 as approved at the annual general meeting on 22 March 2018.
William Demant Foundation holds the majority of shares in Demant and has previously communicated its intention to maintain an ownership interest of 55-60% of William Demant Holding’s share capital. Any sale of shares by the Foundation is independent of any purchase of shares by the Company. At 31 December 2018, William Demant Foundation held – either directly or indirectly – approximately 56% of the share capital.