WDP shares

Liquidity and velocity

As a result of the capital increases described above the total number of WDP shares increased in 2009 from 8,7 to 12,5 million. The market capitalisation of the cepic is currently some EUR 400 million, compared to over EUR 250 million at year-end 2008. Normaal zal de toename van het aantal aandelen en de hogere marktkapitalisatie leiden tot een hogere liquiditeit in de toekomst.

Velocity is the number of traded shares per year, divided by the total number of shares at the end of the year. The velocity of WDP’s shares evolved in the course of 2009 from 35,27% to 24,37%, taking account of the strong increase in the number of shares (see table). In absolute figures, this represents an average number of WDP shares traded per day of 12.024, compared to 11.837 in 2008.