OTP Board members recieve shares worth over one billion forints

Portfolio
Hungary’s OTP Bank has distributed 97,746 pieces of OTP shares to members of its Board of Directors.
OTP’s BoD members received OTP shares as part of their remuneration:
  • Sándor Csányi received 12,000 shares (the market value of which is HUF 134.4 million),
  • Antal Kovács received 8,946 shares (market value: HUF 100.2 mn)
  • László Wolf, Antal Pongrácz, István Gresa, Mihály Baumstark, Tibor Bíró, Tamás Erdei, László Utassy, József Vörös received 9,600 shares each (market value: HUF 107.5 mn).
  • The market value of the 97,746 OTP shares is HUF 1.1 billion.


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