Significant shareholdings
Significant shareholders hold 25% of the share capital of Ercros
Main shareholders
Based on the data provided by the interested parties to the CNMV, as of 3/11/2024, shareholders with significant holdings directly and indirectly own 23 million shares of Ercros' share capital, representing 25% of the total.
Due to the takeover bids launched for 100% of Ercros, S.A.'s share capital, the threshold from which it is mandatory to disclose holdings to the CNMV is reduced from 3% to 1%.
As of the same date, the estimated free float is 75%, after excluding significant holdings.
The Company is not aware of any shareholder agreements that include the regulation of voting rights at general meetings or that restrict or condition the free transferability of shares.
Listing of the qualifying holdings
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- The percentages are calculated based on the number of shares of the share capital as of 3-11-2025.
- On 25-04-2025, shareholder Víctor Manuel Rodríguez Martín reported an increase in their shareholding to 6.284%.
- Shareholder Joan Casas Galofré has been a proprietary director of Ercros since 5-06-2020.
- This includes the direct holding of its subsidiary, DFA International Small Cap Value Portfolio.
- On 31-10-2025, the fund Oddo BHF AIF PLC, managed by Oddo BHF Asset Management SAS, reported that it crossed the 1% threshold.
- On 28-02-2025, shareholder Francesc Xavier Casas Galofré reported that they crossed the 1% threshold of their shareholding, reaching 1.174%.
- On 10-03-2025, the fund Santander Small Caps España FI, managed by Santander Asset Management SA SGIIC, which is 100% controlled by Grupo Banco Santander, reported that it had exceeded the 1% threshold, reaching 1.049%.





