Disclosure of the shareholders’ structure according to the Corporate Governance Code
On 18 August 2022, a syndicate agreement was concluded by STRABAG SE’s Austrian core shareholders, Haselsteiner Familien-Privatstiftung, Dr. Hans Peter Haselsteiner, Klemens Peter Haselsteiner, Raiffeisen-HOLDING NIEDEROSTERREICH-WIEN registrierte Genossenschaft mit beschränkter Haftung and Group company, and Uniqa Insurance Group AG and Group companies.
The syndicate agreement, which runs until 31 December 2032, essentially regulates the following:
Right to nominate supervisory board members
Coordination of voting
Restrictions on the transfer of shares
Until 31 December 2022, a syndicate agreement had existed between the four large shareholder groups, Haselsteiner Group, Raiffeisen NÖ-Wien Group, UNIQA Group and MKAO “Rasperia Trading Limited”, as set out in the stock exchange prospectus of 5 October 2007. The former syndicate agreement still results in a right of first refusal against MKAO “Rasperia Trading Limited”. As MKAO “Rasperia Trading Limited” is controlled by Oleg Deripaska, who was placed on the EU sanctions list on 8 April 2022, the right of first refusal does not apply for the duration of the sanctions against MKAO “Rasperia Trading Limited”.
The share capital of STRABAG SE amounts to € 102,600,000, divided into 102,599,997 bearer shares and three registered shares with the numbers 1, 2 and 3. Registered share 1 is held by Klemens Peter Haselsteiner, registered share 2 is held by MKAO “Rasperia Trading Limited”.
At present, however, the rights associated with registered share 2 have been suspended due to the aforementioned sanctions affecting MKAO “Rasperia Trading Limited”. Thomas Bull, the Supervisory Board member delegated by MKAO “Rasperia Trading Limited”, was therefore recalled in an extraordinary general meeting held on 5 May 2022 to ensure STRABAG’s compliance with the EU sanctions against Oleg Deripaska.
Disposal of the registered shares bearing the numbers 1 and 2 therefore also requires approval by the Supervisory Board. Otherwise, every bearer and registered share equals one vote. There are no restrictions on voting rights.
Published on website: 10.02.2023 – Last Update: 10.02.2023 11:09:43