Back to overview
Financial figures / Capital market

Part of the syndicate further increases capital market attractiveness

Vienna, / Business activities / Financial figures / Capital market / Press Release

PORR is one of the leading companies in the European construction industry. This is also reflected on the capital market. By way of an accelerated private placement, it successfully placed 1,703,674 treasury shares this week. Due to the high demand, SuP Beteiligungs GmbH is now also supporting the trading volume by selling 1,175,000 shares.

Factbox


  • Increase in PORR free float to 52.6%
  • SuP Beteiligungs GmbH sells 1,175,000 shares
  • Syndicate share falls to 47.4%

PORR AG was informed today that SuP Beteiligungs GmbH (SuP), which is attributable to CEO Karl-Heinz Strauss, has sold a total of 1,175,000 shares in PORR, corresponding to around 2.99% of all PORR shares. This reduces the proportion of syndicated shares held by SuP to around 11.4%.

The voting rights in the syndicate between the main shareholders IGO Industries Group and Strauss Group have decreased from 50.4% to around 47.4% as a result of the sale of shares. At the same time, PORR was informed that the syndicate remains unchanged.

High demand from international investors

PORR CEO Karl-Heinz Strauss explains: "The timing was good. The increased liquidity resulting from the sale increases the daily trading volume and also makes the share more attractive for international investors. The sale sends a positive signal to the market. The increase in the free float to over 50% also makes the share more attractive for the leading Austrian index ATX."

Overall, the free float of PORR (incl. PORR management shares) after the transfer of shares is 52.6% (previously: 49.6%).

 

About the PORR Group

Innovative strength for top performance - this is what PORR has stood for for over 150 years. With around 21,000 employees and production output of around EUR 6.7 bn (business year 2024), it is one of the largest Austrian construction companies and one of the top players in Europe. As a full-service provider, PORR offers all services in building construction, civil engineering and infrastructure construction along the entire value chain. The focus is on the home markets of Austria, Germany, Switzerland, Poland, the Czech Republic, Slovakia and Romania. PORR is also active on selected international project markets such as Norway, the UK and Qatar. The PORR share is listed in the prime market segment of the Vienna Stock Exchange (ISIN: AT0000609607).

Contact persons
Please contact us if you have any questions

Melanie Manner C

Melanie Manner

Media relations & press spokeswoman / PORR GROUP
+43 50 626 – 5867
comms@porr-group.com
Lisa Richter

Lisa Galuska

Head of Investor Relations / PORR AG
+43 50 626 1765
ir@porr-group.com