Annual Report 2017

22. Share Capital

Number of shares outstanding

Ordinary shares (in thousands of EUR)

Share premium (in thousands of EUR)

Total (in thousands of EUR)

At 1 January 2016

252,337,979

254

51,561

51,815

Issue of ordinary shares

-

4,835

- 4,835

-

Share-based payments

546,629

-

8,736

8,736

Purchase of treasury shares

- 100,000

-

- 2,411

- 2,411

At 31 December 2016

252,784,608

5,089

53,051

58,140

At 1 January 2017

252,784,608

5,089

53,051

58,140

Share-based payments

798,812

-

1,372

1,372

At 31 December 2017

253,583,420

5,089

54,423

59,512

In 2017, the share-based payment plan movements within share capital of €1,372 relate to the periodic expenses and settlements of the share-based payment plans (2016: €8,736).

GrandVision provided 798,812 shares related to the share-based payment plans following the vesting in 2017 (2016: 546,629 shares). The number of shares held in treasury at 31 December 2017 were 860,420 (2016: 1,659,232 shares).

GrandVision did not purchase shares in 2017. During 2016 GrandVision purchased 100,000 shares to be held in treasury related to the share-based payment plans for a total amount of €2,411.