Corporate Governance
Shareholders
Shareholders with direct or indirect ownership of significant blocks of shares
According to the information available to Budimex SA, the shareholding structure of the Company as at 31 December 2013 was as follows:
| Shareholder | Type of shares | Number of shares | % share in the share capital | Number of votes | % share in the number of votes at the GMS |
|---|---|---|---|---|---|
| Valivala Holdings B.V. Amsterdam (Netherlands) - a Ferrovial SA Group (Spain) company | ordinary | 15 078 159 | 59,06% | 15 078 159 | 59,06% |
| OFE PZU „Złota Jesień” | ordinary | 2 253 988 | 8,83% | 2 253 988 | 8,83% |
| Aviva OFE Aviva BZ WBK | ordinary | 1 304 851 | 5,11% | 1 304 851 | 5,11% |
| Other shareholders | ordinary | 6 893 100 | 27,00% | 6 893 100 | 27,00% |
| Total | 25 530 098 | 100,00% | 25 530 098 | 100,00% |
On 25 February 2014, the shareholder OFE PZU "Złota Jesień" announced that as a result of selling the shares of Budimex SA, it decreased the number of shares held to 1 213 075, which constitutes 4.75 per cent share in the share capital and 4.75 per cent share in the number of votes at the GMS.
Holders of all securities which confer special control rights
The Company did not issue any securities that give special control rights.
Restrictions on exercising voting rights
There are no restrictions concerning exercising voting right.
Restrictions on transferring ownership rights to the securities of Budimex SA
There are no restrictions on the transfer of ownership rights to securities of Budimex SA, except for the rights concerning registered shares whose disposal requires pre-approval of the Company. Such approval has to be granted by the Management Board in writing to be valid.
