Note 25. Share ownership and related party transactions
The ownership or controlling interest of outstanding common shares of ASM International NV by members of the Management Board and Supervisory Board or members of their immediate family are as follows:
|December 31, 2014||December 31, 2015|
|Shares owned||Percentage of Common shares outstanding||Shares owned||Percentage of Common shares outstanding|
|A.H. del Prado||9,204,284||14.62%||9,204,284||14.92%|
|C.D. del Prado (member of the Management Board)||132,945||0.21%||132,945||0.22%|
|Stichting Administratiekantoor ASMI||2,142,039||3.40%||2,142,039||3.47%|
Stichting Administratiekantoor ASMI is a trust controlled by Mr A.H. del Prado. The number of shares owned by Stichting Administratiekantoor ASMI includes 713,000 common shares which are beneficially owned by Mr C.D. del Prado.
The Company has a related party relationship with its subsidiaries, equity accounted investees and members of the Supervisory Board and the Management Board. Related party transactions are conducted on an at arm’s length basis with terms comparable to transactions with third parties. For transactions with the Supervisory Board and the Management Board see note 24.
In May 2015 the company entered into an agreement with Levitech BV for the acquisition of certain patents for an amount of €3.3 million. Levitech BV is a 24% owned equity investment of ASMI.
The Group has no other significant transactions or outstanding balances with its equity-accounted investees other than its equity-interest holdings.