Shares and shareholder information
Ownership structure
On 11 March 2002 the dematerialisation of OTP shares had been completed and each share that had earlier carried a nominal value of HUF 1,000 were split into ten pieces. Since 4 March 2002 OTP shares have been traded with nominal value of HUF 100 on the Budapest Stock Exchange.
The Bank’s registered capital accounts for HUF 28,000,001,000, which is divided into 280,000,010 pieces of ordinary shares with a nominal value of HUF 100 each.
On 21 April 2007 the Hungarian regulation abolishing legal preference shares (Act No. XXVI of 2007) took effect, therefore OTP’s AGM changed the bylaws of the Company and eliminated the relevant provisions on the preference shares, and the 1 piece voting preference share held by the Hungarian State (nominal value: HUF 1,000) was converted into 10 ordinary shares (nominal value: HUF 100).
Limitations on foreign shareholders’ voting rights laid down in the Company’s Articles of Association (constraining foreign shareholders’ votes to 50% of all votes) were abolished in 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 March 2023
| Owners | Share in % of total equity (ownership share) | |
|---|---|---|
| Domestic shareholders | State owned shareholder | 0.05% |
| Employees, senior officers | 0.55% | |
| Treasury shares | 0.40% | |
| Other domestic investors | 48.92% | |
| Foreign shareholders | Foreign shareholders | 50.08% |
| Other | - | 0.00% |
| Total | - | 100% |
- OwnersShare in % of total equity
(ownership share) - Domestic shareholdersState owned shareholder
Hungarian National Asset Management Inc., Municipalities 0.05% - Domestic shareholdersEmployees, senior officers0.55%
- Domestic shareholdersTreasury shares
Treasury shares do not include the OTP shares held by ESOP (OTP Bank Employee Stock Ownership Plan Organization). Pursuant to Act V of 2013 on the Civil Code, OTP shares held by the ESOP are not classified as treasury shares, but the ESOP must be consolidated in accordance with IFRS 10 Consolidated Financial Statements standard. 0.40% - Domestic shareholdersOther domestic investors
On 30 September 2022 the Other domestic investors category includes 11,020,673 OTP shares owned by ESOP. 48.92% - Foreign shareholdersForeign shareholders
Foreign individuals, foreign institutions, and International Development Institutions 50.08% - Other
Non-identified shareholders according to the shareholders' registry -0.00% - Total-100%
Shareholders with over 5% stake as at 31 March 2023
Nationality | Activity | Number of shares | Ownership | Voting rights | |
|---|---|---|---|---|---|
| Hungarian Oil and Gas Company (MOL) | D | C | 24,000,000 | 8.57% | 8.61% |
| T. Rowe Price Group | F | C | 14,502,290 | 5.18% | 5.20% |
| - T. Rowe Price International Ltd. (indirect ownership) | F | C | 8,064,720 | 2.88% | 2.89% |
| - T. Rowe Price Hong Kong Ltd. (indirect ownership) | F | C | 5,759,238 | 2.06% | 2.07% |
| - T. Rowe Price Associates, Inc. (indirect ownership) | F | C | 678,332 | 0.24% | 0.24% |
| Groupama Group | D/F | C | 14,258,161 | 5.09% | 5.11% |
| - Groupama Gan Vie SA | F | C | 14,140,000 | 5.05% | 5.07% |
| - Groupama Biztosító Ltd. | D | C | 118,161 | 0.04% | 0.04% |
NationalityDomestic (D), Foreign (F)
Nationality
ActivityCustodian (CU), Public Institution (PU), International Development Institutions (ID), Institutional (I), Company (C), Private (PR), Employee or senior officer (E)
Activity
Number of shares
Number of shares
Ownership
Ownership
Voting rightsVoting rights in the General Meeting of the Issuer for participation in decision-making.
Voting rights
- Hungarian Oil and Gas Company (MOL)D
- T. Rowe Price GroupF
- - T. Rowe Price International Ltd. (indirect ownership)F
- - T. Rowe Price Hong Kong Ltd. (indirect ownership)F
- - T. Rowe Price Associates, Inc. (indirect ownership)F
- Groupama GroupD/F
- - Groupama Gan Vie SAF
- - Groupama Biztosító Ltd.D
- Hungarian Oil and Gas Company (MOL)C
- T. Rowe Price GroupC
- - T. Rowe Price International Ltd. (indirect ownership)C
- - T. Rowe Price Hong Kong Ltd. (indirect ownership)C
- - T. Rowe Price Associates, Inc. (indirect ownership)C
- Groupama GroupC
- - Groupama Gan Vie SAC
- - Groupama Biztosító Ltd.C
- Hungarian Oil and Gas Company (MOL)24,000,000
- T. Rowe Price Group14,502,290
- - T. Rowe Price International Ltd. (indirect ownership)8,064,720
- - T. Rowe Price Hong Kong Ltd. (indirect ownership)5,759,238
- - T. Rowe Price Associates, Inc. (indirect ownership)678,332
- Groupama Group14,258,161
- - Groupama Gan Vie SA14,140,000
- - Groupama Biztosító Ltd.118,161
- Hungarian Oil and Gas Company (MOL)8.57%
- T. Rowe Price Group5.18%
- - T. Rowe Price International Ltd. (indirect ownership)2.88%
- - T. Rowe Price Hong Kong Ltd. (indirect ownership)2.06%
- - T. Rowe Price Associates, Inc. (indirect ownership)0.24%
- Groupama Group5.09%
- - Groupama Gan Vie SA5.05%
- - Groupama Biztosító Ltd.0.04%
- Hungarian Oil and Gas Company (MOL)8.61%
- T. Rowe Price Group5.20%
- - T. Rowe Price International Ltd. (indirect ownership)2.89%
- - T. Rowe Price Hong Kong Ltd. (indirect ownership)2.07%
- - T. Rowe Price Associates, Inc. (indirect ownership)0.24%
- Groupama Group5.11%
- - Groupama Gan Vie SA5.07%
- - Groupama Biztosító Ltd.0.04%
Contact
Investor Relations and DCM
Postal address: 16. Nádor street, H-1051 Budapest, Hungary