The share

Performance and turnover 

Duni has been listed on NASDAQ OMX Stockholm since November 14, 2007, in the Midcap, Consumer Discretionary list with the ticker name ”DUNI” and ISIN-kod SE0000616716. The final price upon listing was SEK 50 per share, entailing a market capitalisation for Duni of SEK 2.35 billion. Since the listing, Duni's share price has increased by 67% up to December 31, 2013, entailing a market capitalisation of SEK 3.91 billion at the end of 2013. During 2013, the closing price varied between a high of SEK 83.25 on December 20 and a low of SEK 56.75 on February 4. Earnings per share for the year were SEK 5.68. During 2013, 13.5 million Duni shares changed hands, valued at SEK 869 million.

Number of shares and share capital   

On December 31, 2013, Duni AB (publ) had 46,999,032 outstanding shares. Each share entitles the holder to one vote and to an equal share in the Company's assets and earnings. The quotient value is SEK 1.25 and the share capital is SEK 58,748,790.

Dividend policy and dividends   

It is the intention of the Board of Directors that, in the long term, dividends shall amount to at least 40% of income after tax. However, when deciding whether to propose any dividend, consideration shall be given to Duni's possibilities for expansion, the need to strengthen the balance sheet, liquidity as well as financial position in general. The Board of Directors proposes to the annual general meeting that a dividend be paid of SEK 4.00 per share for the 2013 financial year, corresponding to 70% of earnings after tax.

External analyses were published by:

SEB Enskilda Equities, Christopher Lyrhem 
ABG Sundal Collier, Andreas Lundberg
Handelsbanken Capital Markets, Casper Blom 
Further information about the Duni share is available on www.duni.com

Ownership structure Dec 31, 2013   

	Number of shareholders	Number of shares	% of share
1 – 500	4,541	779,550	1.66
501 – 1,000	855	712,005	1.51
1,001 – 5,000	582	1,344,205	2.86
5,001 – 10,000	65	504,045	1.07
10,001 – 15,000	22	285,458	0.61
15,001 – 20,000	16	293,737	0.62
20,001 –	95	43,080,032	91.66
Total	6,176	46,999,032	100.00

Data per share

Amount, SEK	Dec. 31, 2013
Number of shares at end of period (thousands):	46,999
Average number of shares before and after dilution (thousands):	46,999
Price on December 31:	83.25
Earnings per share before and after dilution:	5.68
Equity per share:	44.67
P/E-ratio per Dec. 31, 2013	14.66

Shareholders Dec. 31, 2013  

	Number of shares	% of shares
Mellby Gård Investerings AB	14,094,500	29.99%
Carnegie fonder	4,464,416	9.50%
Polaris Capital Management, LLC	3,847,477	8.19%
Lannebo fonder	3,823,082	8.13%
Swedbank Robur fonder	3,438,359	7.32%
Odin Fonder	2,268,527	4.83%
State Street Bank & Trust Com	2,010,334	4.28%
Mellon US	1,316,030	2.80%
4th Swedish National Pension Fund	1,278,770	2.72%
JPM Chase NA	1,089,865	2.32%
Total, the ten largest owners
– in terms of holdings	37,631,360	80.07%
Other shareholders	9,367,672	19.93%
Total	46,999,032	100.00%

• This is Duni
• CEO statement
• 2013 in brief
• Financial targets
• Strategy
• Duni's markets
• Trademarks and design
• Growth areas
• Business areas
• Production and distribution
• Corporate social responsibility
• The share

The Board of Directors proposes to the Annual General Meeting that a dividend be paid of SEK 4.00 per share for the 2013 financial year.