2.3. Group structure, 2.3.2. Shareholding structure, About Budimex Group
2.3.2. Shareholding structure
The shareholding of Budimex SA, to the company’s knowledge as of 31 December 2023, was as follows:
Figure: Share of Budimex SA’s share capital to the company’s knowledge as of 31 December 2023
In January 2023, the company received information from Powszechne Towarzystwo Emerytalne Allianz Polska SA about the merger of this entity with Aviva Powszechne Towarzystwo Emerytalne Aviva Santander SA, pursuant to Art. 492 sec. 1 item 1 CCC and Article 67 of the Act on Organization and Operation of Pension Funds, as a result of which the share in the share capital and the total number of votes in Budimex SA in the accounts of the funds managed by PTE Allianz Polska SA increased to 2,689,466 shares representing 10.53% of the share capital. In June 2023, the company received information from PTE Allianz Polska S.A. that, as a result of the sale of its shares, the company’s share in Budimex SA’s share capital and total number of votes in the Allianz OFE account was 2,551,331 shares, representing a total of 9.99%.
Budimex SA has been listed on the Warsaw Stock Exchange since 1995. As of September 2019, the company has been a member of the WIG-ESG index, which brings together the most responsible listed companies, and prior to joining it, from 2011 to 2019, it was part of its predecessor, the Respect Index.
On 31 August 2023, Budimex SA was included in the MSCI Poland index, run by New York investment bank Morgan Stanley for investment funds and aggregating Polish companies with the greatest growth prospects and a stable financial position. The selection of companies included in MSCI Poland index is based on several variables, the most important of which are the value (market capitalization) and how often and willingly market participants buy or sell shares of a given company. Only 14 entities have so far qualified for the main index for Poland.
On 29 February 2024, the results of the annual revision of stock market indices were announced by WSE Benchmark, as a result of which Budimex SA joined the prestigious WIG20 index. It groups together the largest companies listed on the WSE, which are reference points for domestic and foreign investors. Budimex will be listed as the 10th largest share of the WIG20. The company returns to the index after a 20- year hiatus – it was part of the index between 1995 and 2004.
