Shareholder Structure

Shareholder Structure



Structure as at December 31, 2023

 

Shareholder Structure


December 31, 2023

Shareholder Nr. shares % of share capital % voting rights
Fosun Group*

3,927,436,381

25.99%

25.99%

Sonangol Group

2,946,353,914

19.49%

19.49%

Total Qualified Holdings

6,873,790,295

45.48%

45.48%

 

* Chiado (Luxembourg) S.à r.l. announced on January 23, 2024, that it held on that date, 3,027,936,381 BCP shares, corresponding to 20.03% of the respective share capital and voting rights. On December 31, 2023, Chiado (Luxembourg) S.à r.l. held 3,927. 436,381 BCP shares, corresponding to 25.99% of the share capital and voting rights.

 

Structure as at June 30, 2023

 

Structure as at June 30, 2023


June 30, 2023

Shareholder Nr. shares % of share capital % voting rights
Fosun Group*4,525,940,191 29.95%

29.95%

Sonangol Group2,946,353,91419.49%19.49%
Total Qualified Holdings

7,472,294,105

49.44%

49.44%

 

* Chiado (Luxembourg) S.à r.l. announced on January 23, 2024, that it held on to that date, 3,027,936,381 BCP shares, corresponding to 20.03% of the respective share capital and voting rights.

 

Structure as at December 31, 2022

 

Structure as at December 31, 2022


December 31, 2022

Shareholder
Nr. shares
% of share capital
% voting rights
Fosun Group4,525,940,191 29.95%

29.95%

Sonangol Group2,946,353,91419.49%19.49%
Total Qualified Holdings

7,472,294,105

49.44%

49.44%

 

 

Structure as at June 30, 2022

 

Structure as at June 30, 2022


June 30, 2022

Shareholder
Nr. shares
% of share capital
% voting rights
Fosun Group4,525,940,191 29.95%

29.95%

Sonangol Group2,946,353,91419.49%19.49%
Total Qualified Holdings

7,472,294,105

49.44%

49.44%

 

 

Structure as at December 31, 2021

 

Shareholder Structure December 31, 2021


December 31, 2021

The following Shareholders held more than 2% of the share capital of Banco Comercial Português, S.A. as of December 31, 2021:

Shareholder
Nr. shares
% of share capital
% voting rights

Fosun Group

4,525,940,191

29.95%

29.95%

Sonangol Group

2,946,353,914

19.49%

19.49%

BlackRock*

404,590,600

2.68%

2.68%

EDP Group**

311,616,144

2.06%

2.06%

Total Qualified Holdings

8,188,500,849

54.18%

54.18%

* In accordance with the announcement on April 30, 2021 (last information available).
** Allocation in accordance with Art. 20 (1.f) of the Portuguese Securities Code.

 

Structure as at June 30, 2021

 

Structure as at November 26, 2020


June 30, 2021

Shareholder
Nr. shares
% of share capital
% voting rights
Fosun Group4,523,384,503 29.93%

29.93%

Sonangol Group2,946,353,91419.49%19.49%
BlackRock *404,590,6002.68%2.68%
EDP Group **311,616,1442.06%2.06%
Total Qualified Holdings

8,185,945,161

54.16%

54.16%

* In accordance with the announcement on April 30, 2021 (last information available).
** Allocation in accordance with subparagraph f) of paragraph 1 Art. 20 of the Portuguese Securities Code.

 

Structure as at December 31, 2020

 

Structure as at November 26, 2020


December 31, 2020

Shareholder
Nr. shares
% of share capital
% voting rights
Fosun Group4,523,384,503 29.93%

29.93%

Sonangol Group2,946,353,91419.49%19.49%
BlackRock *423,574,9882.80%2.80%
EDP Group **311,616,1442.06%2.06%
Total Qualified Holdings

8,204,929,549

54.28%

54.28%

* In accordance with the announcement on November 26, 2020 (last information available).
** Allocation in accordance with subparagraph f) of paragraph 1 Art. 20 of the Portuguese Securities Code.

 

Structure as at June 30, 2020

 

Structure as at June 30, 2020


June 30, 2020

Shareholder
Nr. shares
% of share capital
% voting rights
Fosun Group

4,384,384,503

29.01%

29.01%

Sonangol Group

2,946,353,914

19.49%

19.49%

BlackRock *

451,995,799

2.99%

2.99%

EDP Group **

311,616,144

2.06%

2.06%

Total Qualified Holdings

8,094,350,360

53.56%

53.56%

* In accordance with the announcement on April 30, 2020 (last information available).
** Allocation in accordance with subparagraph f) of paragraph 1 Art. 20 of the Portuguese Securities Code.

 

Structure as at December 31, 2019

 

Structure as at December 31, 2019


December 31, 2019

Shareholder
Nr. shares
% of share capital
% voting rights
Fosun Group4,118,502,61827.25%27.25%
Sonangol Group2,946,353,91419.49%19.49%
BlackRock *512,328,5123.39%3.39%
EDP Group **311,616,1442.06%2.06%
Total Qualified Holdings

7,888,801,188

52.20% 52.20%
* In accordance with the announcement on March, 5 2018.
** Allocation in accordance with subparagraph f) of paragraph 1 Art. 20 of the Portuguese Securities Code.

 

Structure as at June 30, 2019

 

Structure as at June 30, 2019


June 30, 2019

Shareholder
Nr. shares
% of share capital
% voting rights
Fosun Group4,118,502,61827.25%27.25%
Sonangol Group2,946,353,91419.49%19.49%
BlackRock *512,328,5123.39%3.39%
EDP Group **314,018,6772.08%2.08%
Total Qualified Holdings7,891,203,72152.21%52.21%
* In accordance with the announcement on March, 5 2018.
** Allocation in accordance with subparagraph f) of paragraph 1 Art. 20 of the Portuguese Securities Code.

 

Structure as at December 31, 2018

 

Structure as at December 31, 2018 


December 31, 2018

Shareholder
Nr. shares
% of share capital
% voting rights
Fosun Group4,118,502,61827.25%27.25%
Sonangol Group2,946,353,91419.49%19.49%
BlackRock *512,328,5123.39%3.39%
EDP Group **315,336,3622.09%2.09%
Total Qualified Holdings 7,892,521,406 52.22% 52.22%
* In accordance with the announcement on March, 5 2018.
** Allocation in accordance with subparagraph f) of paragraph 1 Art. 20 of the Portuguese Securities Code.

 

Structure as at June 30, 2018

 

Structure as at June 30, 2018


June 30, 2018

Shareholder
Nr. shares
% of share capital
% voting rights
Fosun Group4,089,789,779 27.06%27.06%
Sonangol Group2,946,353,91419.49%19.49%
BlackRock *512,328,5123.39%3.39%
EDP Group **319,113,6902.11%2.11%
Total Qualified Holdings 7,867,585,895 52.06% 52.06%
* In accordance with the announcement on March, 5 2018.
** Allocation in accordance with subparagraph f) of paragraph 1 Art. 20 of the Portuguese Securities Code.

 

Structure as at December 31, 2017

 

Structure as at December 31, 2017


December 31, 2017

Shareholder
Nr. shares
% of share capital
% voting rights
Fosun Group4,089,789,779 27.06%27.06%
Sonangol Group2,946,353,91419.49%19.49%
BlackRock *427,218,7202.83%2.83%
EDP Group **319,113,6902.11%2.11%
Total Qualified Holdings 7,782,476,103 51.49% 51.49%
 

* In accordance with the announcement on December, 29 2017.
** Allocation in accordance with subparagraph f) of paragraph 1 Art. 20 of the Portuguese Securities Code.

 

Structure as at June 30, 2017

 

Shareholder Structure


June 30, 2017

Shareholder
Nr. shares
% of share capital
% voting rights
Fosun Group (1)3,803,333,69725.16%25.16%
Sonangol Group2,303,640,89115.24%15.24%
BlackRock (2)397,902,7382.63%2.63%
EDP Group319,113,6902.11%2.11%
Total Qualified Holdings 6,823,991,016 45.15% 45.15%
 

(1) In accordance with the qualified holding announcement as at 11 September 2017
(2) In accordance with the qualified holding announcement as at 2 October 2017

 

Structure as at December 31, 2016

 

Structure as at December 31, 2016


December 31, 2016

Shareholder
Nr. shares
% of share capital
% voting rights
Fosun Group (1)157,437,39516.67%16.67%
Sonangol Group (2)140,454,871 14.87%14.87%
EDP Group (3)20,345,7672.15%2.15%
Total Qualified Holdings 318,238,033 33.69% 33.69%
 

(1) In accordance with the qualified hoding announcement as at 22 November 2016
(2) In accordance with the qualified hoding announcement as at 25 November 2016
(3) As at 30 June 2016, adjusted for the reverse stock split of 24 October 2016 and updated for the qualified holding announcement as at 30 December 2016

 

Structure as at June 30, 2016

 

June 30, 2016


June 30, 2016

Shareholder
Nr. shares
% of share capital
% voting rights
Sonangol Group 10,534,115,358 17.84%17.84%
Sabadell Group2,994,863,413 5.07%5.07%
EDP Group 1,513,716,6892.56%2.56%
Interoceânico Group 1,207,659,5002.05%2.05%
Total Qualified Holdings 16,250,354,960 27.52% 27.52%
 

In accordance with the resolution of the General Meeting of Shareholders of 21 April 2016 to suppress the pre-emptive right of the shareholders, the Board of Directors of BCP has approved a resolution for the increase of BCP's share capital, from € 4,094,235,361.88 to € 4,268,817,689.20, by way of a private placement of 157,437,395 new shares subscribed by Chiado, affiliate of Fosun Industrial Holdings Limited ("Fosun") holding, at November 18, 2016, 16.67% of BCP shareholders capital.

 

Structure as at December 31, 2015

 

December 31, 2015

* According to the latest available information (24th July 2014).


December 31, 2015

Shareholder
Nr. shares
% of share capital
% voting rights
Sonangol Group 10,534,115,358 17.84%17.84%
Sabadell Group2,994,863,413 5.07%5.07%
EDP Group 1,599,763,6512.71%2.71%
Interoceânico Group 1,207,659,5002.05%2.05%
BlackRock *1,308,152,6562.22%2.22%
Total Qualified Holdings 17,644,554,578 29.89% 29.89%
* According to the latest available information (24th July 2014).

 

Structure as at June 30, 2015

 

30 junho 2015

* According to the latest available information (24th July 2014).


30 June 2015

Shareholder
Nr. shares
% of share capital
% voting rights
Sonangol Group 10,534,115,358 17.84%17.84%
Sabadell Group2,994,863,413 5.07%5.07%
EDP Group 1,465,741,9182.48%2.48%
Interoceânico Group 1,203,994,3742.04%2.04%
BlackRock *1,308,152,6562.22%2.22%
Total Qualified Holdings 17,506,687,719 29.65% 29.65%
* According to the latest available information (24th July 2014).
On October 29, 2015, the Bank reported receiving a communication from UBS AG Group, indicating that at October 23, 2015 it has a qualifying holding in BCP of 1,186,461,444 shares representing 2.01% of share capital and voting rights of the Bank.

 

Structure as at December 31, 2014



 

31 December 2014

Shareholder
Nr. shares
% of share capital
% voting rights
Sonangol Group 10,534,115,35819.44%19.44%
Sabadell Group2,994,863,413 5.53%5.53%
EDP Group 1,468,453,531 2.71%2.71%
Interoceânico Group 1,367,610,1862.52%2.52%
BlackRock *1,308,152,656 2.41%2.41%
Ageas / Ocidental1,089,201,2552.01%2.01%
Total Qualified Holdings 18,762,396,399 34.62% 34.62%
* According to the latest available information (24th July 2014).

 

Structure as at June 30, 2014





 

30 June 2014

Shareholder
nr. of shares
% Capital
% Voting rights
Sonangol Group 3,830,587,403 19.44%19.44%
Sabadell Group847,628,005 4.30%4.30%
EDP Group 559,484,841 2.84%2.84%
Interoceânico Group 513,752,440 2.61%2.61%
Berardo Group 465,439,099 2.36%2.36%
Alken Luxembourg Group *459,710,154 2.33%2.33%
Total Qualified Shareholdings 6,676,601,942 33.88% 33.88%

 

Qualified Holdings after the Share capital Increase

   
24 July 2014
Shareholder
nr. of shares
% Capital
% Voting rights
Sonangol Group10,534,115,358 19.44%19.44%
Sabadell Group2,994,863,4135.53%5.53%
EDP Group1,527,014,8482.82%2.82%
Interoceânico Group1,328,720,1862.45%2.45%
BlackRock1,308,152,656 2.41%2.41%
Alken Luxembourg Group *1,264,212,923 2.33%2.33%
Ageas1,089,201,255 2.01%2.01%
Total of Qualified Shareholders 20,046,280,639 36.99% 36.99%

 

* On 8 January 2015, the Bank informed to have received a communication from Alken Luxembourg S.A. (Alken Lux), which is the dedicated management company of the Alken Fund SICAV, informing that, pursuant to stock exchange operations carried out on 11 December 2014, sold 16,613,364 shares of the share capital of BCP. As a result and under the terms of article 20 of the Securities Code, Alken Lux is attributed an indirect shareholding in BCP of 1,075,641,649 shares in total, corresponding to 1.98% of the respective share capital.

 

Structure as at December 31, 2013





 

31 December 2013

Shareholder
nr. of shares
% Capital
% Voting rights
Sonangol Group 3,830,587,403 19.44%19.44%
Sabadell Group841,830,560 4.27%4.27%
EDP Group 591,001,026 3.00%3.00%
Interoceânico Group 512,912,138 2.60%2.60%
Berardo Group 498,462,641 2.53%2.53%
Total Qualified Shareholdings 6,274,793,768 31.84% 31.84%

On 20 March 2014, following the communication sent by Alken Luxembourg SA (Lux Alken), Banco Comercial Portuguese S.A. disclosed that Alken Lux reached a qualifying holding in BCP, holding directly and indirectly 398,845,164 shares representing 2.02% of the share capital and voting rights of the BCP.

 

Structure as at June 30, 2013





 

30 June 2013

Shareholder
nr. of shares
% Capital
% Voting rights
Sonangol Group (Total)3,830,587,40319.44%19.44%
Sabadell Group (Total)841,830,5604.27%4.27%
Berardo Group (Total)602,321,0413.06%3.06%
EDP Group (Total)589,893,5122.99%2.99%
Estêvão Neves Group (Total)**553,265,5632.81%2.81%
Interoceânico Group (Total)*413,112,1382.10%2.10%
Total Qualified Shareholdings 6,831,010,217 34.66% 34.66%

* On 19 July 2013, Interoceânico and ALLPAR informed that they entered into a shareholders' agreement that involves the reciprocal attribution of the voting rights corresponding to their holdings in BCP's share capital. On that time, the qualified global financial stake of Interoceânico/ALLPAR was 2.6026%.

** As at 15 November 2013, following a communication sent by Estêvão Neves Group, Banco Comercial Português disclosed to the market the reduction of its holding to 1.94% of the voting rights in the share capital of BCP.

Structure as at December 31, 2012





 

Shareholder
nr. of shares
% Capital
% Voting rights
Sonangol Group (Total)3,830,587.40319.44%19.44%
Sabadell Group (Total)841,830.5604.27%4.27%
Berardo Group (Total)604,775.8603.07%3.07%
EDP Group (Total)589,893.5122.99%2.99%
Estêvão Neves Group (Total)549,597.5852.79%2.79%
Teixeira Duarte Group (Total)*429,657.7292.18%2.18%
Interoceânico Group (Total)412,602.4402.09%2.09%
Total Qualified Shareholdings 7,258,945.089 36.83% 36.83%

* Pursuant to stock exchange operations carried out on 29 May 2013, Teixeira Duarte Group disclosed that is no longer a qualified shareholder, being attributed on that date 392,094,299 shares on BCP corresponding to 1.99% of the respective share capital.

Structure as at June 30th, 2012






 



Shareholder
 
nr. of shares
% Capital
% Voting rights
Sonangol GroupTotal794,931,77911.03%11.03%
Teixeira Duarte GroupTotal386,498,5565.36%5.36%
Sabadell GroupTotal286,343,6283.97%3.97%
Berardo GroupTotal221,140,6323.07%3.07%
Caixa Geral de Depósitos GroupTotal213,153,4662.96%2.96%
EDP GroupTotal215,476,1212.99%2.99%
Total Qualified Shareholdings  2,117,544,182 29.38% 29.38%

Notes:
As at 9 October, Banco Comercial Português, disclosed the following changes to the market, based on communications sent by the shareholders:
-Estevão Neves Goup: 3.21%
-Teixeira Duarte Group: 2.29%
-Interoceânico Group: 2.09%
-Caixa Geral de Depósitos Group: 1.17%
As at 22 October, following a communication sent by Sonangol, Banco Comercial Português, disclosed to the market the increase of the participation of this shareholder to 15.08%.

Structure as at December 31st, 2011







Shareholder
 
no. of shares
% Capital
% Voting rights
Sonangol GroupTotal794.931.77911,03%11,04%
Teixeira Duarte GroupTotal395.056.0195,48%5,48%
Berardo GroupTotal305.085.8694,23%4,24%
Sabadell GroupTotal298.048.1164,14%4,14%
Pensõesgere - Sociedade Gestora de Fundos de Pensões, S.A.Total278.739.2003,87%3,87%
Caixa Geral de Depósitos GroupTotal217.006.2743,01%3,01%
EDP GroupTotal215.567.1262,99%2,99%
Total Qualified Shareholdings  2.504.434.383 34,75% 34,77%
Structure as at June 30th, 2011
Shareholder
 
no. of shares
% Capital
% Voting rights
Sonangol GroupTotal834.005.88811,57%11,59%
A Ocidental - Companhia Portuguesa de Seguros de Vida, S.A.Total692.234.9009,60%9,62%
Teixeira Duarte GroupTotal409.071.1795,68%5,68%
Berardo GroupTotal305.085.8694,23%4,24%
Pensõesgere - Sociedade Gestora de Fundos de Pensões, S.A.Total278.739.2003,87%3,87%
Sabadell GroupTotal288.217.1224,00%4,00%
EDP GroupTotal215.567.1262,99%3,00%
Caixa Geral de Depósitos GroupTotal216.538.8003,00%3,01%
Total Qualified Shareholdings  3.239.460.084 44,95% 45,01%

 

Structure as at December 31st, 2010

Shareholder
 
no. of shares
% Capital
% Voting rights
SonangolTotal685.139.63814,59%14,61%
Teixeira Duarte GroupTotal366.782.3407,81%7,82%
Berardo GroupTotal292.141.5036,22%6,23%
Sabadell GroupTotal208.190.6764,43%4,44%
EDP GroupTotal175.916.0643,75%3,75%
Caixa Geral de Depósitos GroupTotal126.048.4642,68%2,69%
Sogema SGPS, S.ATotal124.427.9172,65%2,65%
Eureko BVTotal118.251.4172,52%2,52%
Stanley Ho GroupTotal106.254.9342,26%2,27%
Goes Ferreira GroupTotal102.062.8552,17%2,18%
Total Qualified Shareholdings  2.305.215.808 49,10% 49,16%
Structure as at June 30th, 2010
Shareholder
 
no. of shares
% Capital
% Voting rights
Sonangol Total469.000.0009,990%10,003%
Teixeira Duarte GroupTotal361.696.9707,705%7,714%
Fundação José Berardo (1) Total228.034.9664,857%4,863%
Metalgest - Sociedade de Gestão, SGPS, S.A.(1)Total64.106.5121,366%1,367%
Banco SabadellTotal208.177.6764,434%4,440%
EDP Group Total176.148.1803,752%3,757%
Sogema SGPS, S.ATotal124.512.9172,652%2,656%
Eureko Group Total118.251.4172,519%2,522%
Caixa Geral de Depósitos GroupTotal129.166.5692,751%2,755%
Stanley Ho GroupTotal106.254.9342,263%2,266%
SFGP GroupTotal102.062.8552,174%2,177%
Blackrock GroupTotal94.158.3832,006%2,008%
Total Qualified Shareholdings  2.181.571.379 46,47% 46,53%

(1) The shares and voting rights held by Fundação José Berardo and Metalgest are subject to reciprocal imputation


Structure as at December 31st, 2009
Shareholder
 
no. of shares
% Capital
% Voting rights
Sonangol Total469.000.0009,990%10,0%(1)
Teixeira Duarte GroupTotal330.221.4297,034%7,053%
Fundação José Berardo(2)Total228.034.9664,857%4,870%
Metalgest - Sociedade de Gestão, SGPS, S.A.(2)Total64.106.5121,366%1,369%
Banco SabadellTotal208.177.6764,434%4,446%
EDP Group Total176.141.3693,752%3,762%
Sogema SGPS, S.ATotal124.375.4172,649%2,656%
Eureko GroupTotal118.252.4172,519%2,526%
Caixa Geral de Depósitos GroupTotal127.927.2252,725%2,732%
Stanley Ho GroupTotal106.254.9342,263%2,269%
SFGP GroupTotal102.062.8552,174%2,180%
Total Qualified Shareholdings  2.054.554.800 43,76% 43,88%

(1) According number 10 a) of Article 16 of Banco Comercial Português Articles of Association, votes exceeding 10% of the share capital are not considered .
(2) The shares and voting rights held by Fundação José Berardo and Metalgest are subject to reciprocal imputation.


Structure as at June 30th, 2009
Shareholder
 
no. of shares
% Capital
% Voting rights
Sonangol Total469.000.0009,990%10,0%(1)
Teixeira Duarte GroupTotal329.794.7657,025%7,075%
Fundação José Berardo (2) Total228.034.9664,857%4,892%
Metalgest - Sociedade de Gestão, SGPS, S.A. (2) Total64.106.5121,366%1,375%
Banco SabadellTotal208.177.6764,434%4,466%
EDP Group (3) Total152.020.2293,238%3,261%
Sogema SGPS, S.A.Total122.600.4172,612%2,630%
Eureko Group Total118.251.4172,519%2,537%
Caixa Geral de Depósitos GroupTotal117.981.9842,513%2,531%
Privado Financeìras, S.A.Total108.599.0932,313%2,330%
Stanley Ho GroupTotal106.254.9342,263%2,280%
SFGP GroupTotal102.062.8552,174%2,190%
Total Qualified Shareholdings  2.126.884.848 45,30% 45,63%


(1) According number 10 a) of Article 16 of Banco Comercial Português Articles of Association, votes exceeding 10% of the share capital are not considered.
(2) The shares and voting rights held by Fundação José Berardo and Metalgest are subject to reciprocal imputation.
(3) EDP Pension Fund held 52.285.541 BCP shares corresponding to 1,11% of the Bank's share capital and 1,12% of the voting rights.

Structure as at December 31st, 2008
Shareholder
 
no. of shares
% Capital
% Voting rights
Sonangol Total469.000.0009,990%10,000%(1)
Eureko Group (2) Total331.956.2487,071%7,079%
Teixeira Duarte Group (3) Total329.755.2557,025%7,032%
Fundação José Berardo (4) Total228.034.9664,857%4,863%
Metalgest - Sociedade de Gestão, SGPS, S.A. (4) Total64.106.5121,366%1,367%
Banco SabadellTotal208.177.6764,434%4,440%
Caixa Geral de Depósitos GroupTotal177.607.8663,783%3,788%
EDP Group (5) Total152.075.7273,239%3,243%
Sogema SGPS, S.A.Total125.766.7342,679%2,682%
Privado Financeìras, S.A.Total109.461.9012,332%2,334%
Stanley Ho GroupTotal106.254.9342,263%2,266%
SFGP GroupTotal102.062.8552,174%2,177%
Total Qualified Shareholdings Total 2.404.260.674 51,21% 51,27%


(1) According number 10 a) of Article 16 of Banco Comercial Português Articles of Association, votes exceeding 10% of the share capital are not considered.
(2) Although Eureko has entered into a series of derivative transactions with JP Morgan regarding 135,238,429 BCP shares, the Portuguese Securities Market Commission (CMVM) considers that the voting rights inherent to those shares should be attributed to Eureko, thus increasing its participation to 9.96% of total voting rights.
(3) Teixeira Duarte- Sociedade Gestora de Participações Sociais, S.A. informed, through an announcement dated December 12, that its subsidiary Teixeira Duarte – Gestão de Participações e Investimentos Imobiliários, S.A. has agreed to acquire 102,483,872 BCP shares from C+P.A. - Cimentos e Produtos Associados, S.A., and therefore the voting rights related to those shares should be attributable to the former.
(4) The shares and voting rights held by Fundação José Berardo and Metalgest are subject to reciprocal imputation.
(5) EDP Pension Fund held 52,805,044 BCP shares, corresponding to 1.125% of the bank share capital.

Structure as at June 30th, 2008
Shareholder
 
no. of shares
% Capital
SonangolTotal469.000.0009,990%
Teixeira Duarte GroupTotal353.745.5827,535%
Eureko Group (1) Total331.956.2487,071%
José Berardo GroupTotal290.139.9796,180%
Banco SabadellTotal208.177.6764,434%
Caixa Geral de Depósitos GroupTotal177.970.5303,791%
EDP Group (2) Total151.676.9443,231%
Sogema GroupTotal128.654.1092,740%
Privado Finaceiras S.A.Total109.524.0962,333%
Stanley Ho GroupTotal106.254.9342,263%
SFGP GroupTotal102.062.8552,174%
Total Qualified Shareholdings  2.429.162.953 51,74%


(1) Although Eureko has entered into a series of derivative transactions with JP Morgan regarding 135.238.429 BCP shares, the Portuguese Securities Market Commission (CMVM) considers that the voting rights inherent to those shares should be attributed to Eureko, thus increasing its participation to 9.29% of total voting rights.
(2) EDP Pension Fund held on 30/06/08 51,873,488 shares, corresponding to 1.105% of the Bank's share capital.
(3) This participation was reduced to 1.965% on 11th July 2008.
Structure as at December 31st, 2007
Shareholder
 
no. of shares
% Capital
% Voting rights
Banco BPI GroupTotal283.201.1917,842%7,842%
Eureko GroupTotal255.385.3977,072%7,072%
Berardo Group (1), (2) Total252.817.9457,001%7,001%
Teixeira Duarte GroupTotal241.350.5666,683%6,683%
Sonangol, Sociedade Nacional de Combustíveis de Angola, S.A. Total180.000.0004,984%4,984%
Banco SabadellTotal 160.141.0554,434%4,434%
EDP Group (3) Total116.677.7653,231%3,231%
UBSTotal 116.620.7193,229%3,229%
Caixa Geral de Depósitos GroupTotal105.705.3932,927%2,927%
JPMorgan Group Total105.118.0502,911%2,911%
Sogema GroupTotal96.504.4522,672%2,672%
Privado Holding SGPS, S.A.Total83.599.2122,315%2,315%
SFGP GroupTotal 78.202.9052,165%2,165%
Fundo de Pensões BCPTotal 78.127.2462,163%2,163%
Manuel Fino GroupTotal 73.562.8652,037%2,037%
Total Qualified Shareholdings  2.227.014.761 61,67% 61,67%


Source: Shareholders information

(1) Shares and voting rights held by Fundação Berardo and by Metalgest and companies in Group relation are object of reciprocal imputation.
(2) Equity Swap with Banco Espírito Santo, shares imputed to José Berardo Foundation under article 20 of Portuguese Securities Code.
(3) EDP/REN Pension Fund held on 31 December 2007, 39,903,775 shares corresponding to 1.105% of the Bank's share capital.
Structure as at June 30th, 2007
Shareholder
 
no. of shares
% Capital
Eureko GroupTotal261.503.9247,24%
BPI Group (1)Total264.464.6687,32%
Teixeira Duarte GroupTotal223.702.8526,19%
Fortis BankTotal149.925.9884,15%
Banco Sabadell (1) Total142.647.5353,95%
Fundação José Berardo (2) Total108.151.1642,99%
Metalgest (2) Total107.371.5192,97%
José de Mello GroupTotal110.630.8023,06%
Fundo de Pensões BCPTotal78.127.2462,16%
Caixa Geral de Depósitos GroupTotal76.371.0352,11%
EDP Group (3) Total106.124.0522,94%
Privado Financeiras S.A.Total90.307.5252,50%
Sogema GroupTotal72.287.8642,00%
Sonangol Total72.226.5932,00%
Total Qualified Shareholdings  1.863.842.767 51,61%


Source: Information provided by Shareholders and file from Central de Valores Mobiliários

(1) Based on the information of Central de Valores Mobiliários.
(2) Shares and voting rights held by Fundação Berardo and by Metalgest and companies in Group relation are object of reciprocal imputation totalling on June 30, 2007, 215,522,683 shares corresponding to 5.968% of Bank's share capital.
(3) The EDP/REN Pension Fund held on June 30, 2007, 50,457,488 shares, corresponding to 1.397% of Bank's share capital.