Ownership structure
Since 11 March 2002 dematerialisation of OTP shares has been closed and each share amounting earlier to a nominal value of HUF 1,000 have been split into ten pieces. Thus shares has been trading on nominal value of HUF 100 since 2 March 2002.
The Bank’s share capital accounts for HUF 28,000,001,000, which consist of 280,000,010 pieces of ordinary shares with a nominal value of HUF 100. Since 21 April 2007 Hungarian regulation has abolished legal preference shares, therefore OTP’s AGM changed the bylaw of the company, and the only preference share of the Hungarian State (nominal value: HUF 1,000) has been converted into 10 ordinary shares (nominal value: HUF 100).
Limitations on voting rights of foreign shareholders constraining voting share of all foreign shareholders to 50% have been abolished since June 2007.
From 2015 the General Meeting shall have a quorum if the shareholders representing more than one third of the votes embodied by voting shares are attendance.
Ownership structure as at 31 December 2020
| Owners | Share in % of total equity (ownership share) | |
|---|---|---|
| Domestic investors total: | Government held owner | 0.08% |
| Employees, senior officers | 0.85% | |
| Treasury shares1 | 1.55% | |
| Other domestic investors | 25.72% | |
| Foreign shareholders | Foreign shareholders2 | 71.75% |
| Other3 | 0.04% | |
| Total | 100% |
1E.g.: Treasury shares do not include
the OTP shares held by ESOP.
2Foreign individuals, foreign institutions, and International Development
Institutions
3Non-identified shareholders according to the shareholders' registry
Shareholders with over/around 5% stake as at 31 December 2020
| Name | Number of shares | Ownership | Voting rights |
|---|---|---|---|
| Hungarian Oil and Gas Company (MOL) | 24,000,000 | 8.57% | 8.71% |
| KAFIJAT Group | 19,835,748 | 7.08% | 7.20% |
| OPUS Securities SA | 14,496,476 | 5.18% | 5.26% |
| Groupama Group | 14,330,632 | 5.12% | 5.20% |
Contact
Investor Relations and DCM
Postal address: 16. Nádor street, H-1051 Budapest, Hungary