History of shares

September 18, 2007The newly transformed 10 ordinary shares have been listed on the Budapest Stock Exchange.
June 18, 2007The transformation was registered by the Court of Registry.
April 21, 2007The 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, 2002On 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, 1999The 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.
1999The 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, 1997The 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, 1997Issuing a special, voting preference Golden Share for the Hungarian State.
From July 17 to July 21, 1995ÁPV 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, 1995In 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 1994In 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, 1994The Ministry of Finance on behalf of the State carried out a capital increase of HUF 5 billion.
From April 14 to May 6, 1994The State offered publicly 4,600,000 ordinary shares (20% of the share capital) in exchange of compensation coupons.
From September 30, 1992The 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, 19921,150,000 ordinary shares were transformed into dividend preference shares.
December 31, 1990The National Savings Bank became a public company owned by the State. Its name was changed to National Savings and Commercial Bank Ltd.

The history of OTP shares


Our website cannot be displayed in this browser.

Plesea use one of the newest version from the following browsers: Chrome, Firefox, Internet Explorer or Edge.

Follow the steps below:

  • open a new page in one of the above browsers,
  • copy and insert the link of our website into the adress bar and press Enter,
  • you are ready to browse our website.

If you have any questions, you can contact us by e-mail at information@otpbank.hu!

Ez a böngésző sajnos nem tudja megjeleníteni a honlapunkat. További információk