Date | Explanation |
---|
September 18, 2007 | The newly
transformed 10 ordinary shares have been listed on the Budapest Stock
Exchange. |
June 18, 2007 | The
transformation was registered by the Court of Registry. |
April 21, 2007 | The law on abolishing the voting preference share of the State
(“golden share”) comes into effect. In consequence, according to the relevant
paragraphs of AGMs the voting preference shares stipulations ceased existing,
thus 1 preference voting share with HUF 1,000.- face value has been
transformed into 10 ordinary shares with HUF 100.- face value. |
March, 2002 | On March 11,
2002 the dematerialisation of the ordinary shares and of the voting
preference share was completed. From the same date each ordinary share with a
face value of HUF 1,000 was split into 10 ordinary shares with a face value
of HUF 100 each. The Bank's share capital is represented by 280,000,000
ordinary shares with a face value of HUF 100 each, and one voting preference
share with a face value of HUF 1,000. |
July, 2001 | After the
decision of the Annual General Meeting in 2001 the 1,150,000 dividend
preference shares were transformed into ordinary shares. |
From October 18 to October
22, 1999 | The ÁPV Rt. sold
the 14.1% stake formerly owned by the Social Security Funds by way of a
Hungarian public private offering and an international institutional
placement. |
1999 | The stake of the
Social Security Funds was transferred back to the by the State owned ÁPV Rt.
(3,946,562 shares). |
From October 14 to October
21, 1997 | The ÁPV Rt. sold
the 25% of the shares in the Bank held by the HungarianState
through public offering for Hungarian private investors (including an
offering to employees) and an institutional offering for institutional investors.
The shareholding of the State remained 1 voting preference share after the
transaction. |
September 3, 1997 | Issuing a
special, voting preference Golden Share for the Hungarian State. |
From July 17 to July 21,
1995 | ÁPV Rt., on
behalf of the HungarianState, sold 33.43% of
the Bank’s total share capital through a Hungarian public offering (including
an offering to employees) and an institutional offering of shares and GDRs.
The State owned after the transaction only 25% +1 of the shares. |
May 10, 1995 | In terms of the
law the State transferred 20% of the share capital to the Hungarian Social
Security Funds (Health Fund 10%, Pension Fund 10%). |
At the end of year 1994 | In terms of the
law the State transferred to the local municipalities 2% of OTP Bank's shares.
(As a settlement of claims related to land owned by the bank and located on
the municipalities' territory.) |
May 25, 1994 | The Ministry of
Finance on behalf of the State carried out a capital increase of HUF 5
billion. |
From April 14 to May 6,
1994 | The State offered publicly 4,600,000 ordinary shares
(20% of the share capital) in exchange of compensation coupons. |
From September 30, 1992 | The State offered
publicly 1,150,000 non voting dividend preference shares (5% of the share
capital of HUF 23 billion) in exchange of compensation coupons. (The not
subscribed shares the State gave later to the Hungarian Social Security
Funds.) |
July 31, 1992 | 1,150,000 ordinary shares were transformed into dividend preference
shares. |
December 31, 1990 | The National Savings Bank became a public company owned by the State.
Its name was changed to National Savings and Commercial Bank Ltd. |