AutoWallis said 24 of its managers were awarded the shares. 

It noted that 19.9 million AutoWallis shares were transferred to the ESOP as an in-kind contribution from majority owner Wallis Asset Management in 2019.

With the award of the shares – with a market value of around HUF 2.2 billion – the ESOP's stake in AutoWallis has fallen under the 5% disclosure threshold.