Ferrovial will pay 26 euros per title to shareholders who oppose the headquarters change

Ferrovial shares surge On Ibex-35, a day after it announced plans to relocate its headquarters from Spain to the Netherlands through a merger between the parent company and Ferrovial International, a Dutch public limited company that owns 86% of the company’s assets. It is positioned this way. one of the strongest climbs At the March launch.

Spanish stock market this Wednesday 0.26% increase took back the 9,400 points that it could not hold in the closing yesterday, up to 9,419.1. Among the companies with higher profits in the early stages are ArcelorMittal with 2.37%; Amadeus with 1.35%; Indra with 1.26%; and Ferrovial with 1.03%. Titles of companies founded by Raphael del pino they closed the previous day at 26.2 euros.

For the relocation of its headquarters to Amsterdam, the company start paying shareholders who opposes the movement 26 euros per sharerepresents the average price of the last three months.

In parallel, the company Euronext will be listed on the Amsterdam stock exchangeSomething that will ease the way at the regulatory level to ring the bell in the United States as well, without leaving the Ibex-35. Ferrovial’s 20% stake is owned by its chairman, Rafael del Pino; Maria del Pino (8.2%); British billionaire Chris Hohn (6.4%) and his fund The Children’s Investment Fund Management (6%); Leopoldo del Pino (4.1%), the world’s largest manager Blackrock (3.1%); and investment bank Lazard (3%).

Related news

This corporate restructuring Will not have an impact on investment plans in Spain. According to official sources, in 2022 the company paid between 280 and 300 million euros in the country. For the infrastructure company, “The impact of this decision is positive for Spain because it has a company with a large international presence, which will continue to be national but open to other foreign investors.”

Decision Approved by the Board of Directors and the General Assembly, which will do as prescribed.