VRG Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of 1NL?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	7,555,100	3.22%
General Public	36,778,395	15.7%
Private Companies	90,178,058	38.5%
Institutions	99,944,287	42.6%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 84.31% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
23%	Colian Holding S.A.	53,939,761	€40.8m	126%	no data
19.4%	Powszechne Towarzystwo Emerytalne PZU SA	45,589,125	€34.5m	0%	0.8%
15.5%	Kolanski Foundation Fundacja Rodzinna	36,238,137	€27.4m	0%	no data
14%	Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A.	32,750,000	€24.7m	-50%	0.22%
4.01%	Santander Towarzystwo Funduszy Inwestycyjnych S.A.	9,396,727	€7.1m	0%	0.56%
3.2%	Jan Kolanski	7,500,000	€5.7m	0%	no data
2.59%	Towarzystwo Funduszy Inwestycyjnych PZU SA	6,064,724	€4.6m	0%	0.26%
1.14%	Dimensional Fund Advisors LP	2,682,112	€2.0m	0.1%	no data
0.44%	Franklin Resources, Inc.	1,025,000	€774.6k	0%	no data
0.25%	Quercus TFI S.A.	577,879	€436.7k	0%	0.19%
0.18%	AgioFunds Towarzystwo Funduszy Inwestycyjnych S.A.	417,046	€315.2k	0%	0.08%
0.14%	Amundi Asset Management SAS	330,425	€249.7k	0%	no data
0.13%	Noble Funds Towarzystwo Funduszy Inwestycyjnych SA	306,026	€231.3k	0%	0.79%
0.12%	Pocztylion Arka PTE S.A.	275,438	€208.1k	0%	0.03%
0.086%	Pioneer Pekao Towarzystwo Funduszy Inwestycyjnych S.A	202,341	€152.9k	0%	0.02%
0.059%	Nationale-Nederlanden TFI S.A	138,194	€104.4k	0%	0.14%
0.041%	GAMMA PKO Towarzystwo Funduszy Inwestycyjnych SA	96,221	€72.7k	0%	no data
0.028%	PFR Towarzystwo Funduszy Inwestycyjnych S.A.	66,024	€49.9k	0%	0.08%
0.024%	Jerzy Mazgaj	55,100	€41.6k	-99.8%	no data
0.0061%	Millennium TFI S.A.	14,331	€10.8k	0%	0.01%
0.0034%	State Street Global Advisors, Inc.	7,914	€6.0k	30.1%	no data
0.001%	SEI Investments Management Corporation	2,427	€1.8k	0%	no data
0.00098%	Superfund Towarzystwo Funduszy Inwestycyjnych S.a.	2,300	€1.7k	0%	no data
0.00007%	Colian Developer Spolka Z Ograniczona Odpowiedzialnoscia Spolka Komandytowa	160	€124.0	0%	no data
0.00001%	BNPP Asset Management Holding	33	€17.7	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/09 14:38
End of Day Share Price	2025/01/09 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

VRG S.A. is covered by 11 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Sylwia Jaskiewicz	Dom Maklerski Banku Ochrony Srodowiska S.A.
Sylwia Jaskiewicz	Dom Maklerski IDMSA
Tomasz Duda	Erste Group Bank AG