---
title: Investors and shareholders
url: https://ayco.es/en/investors-and-shareholders/
description: Committed to investors and shareholders through transparency, good governance and ESG principles that drive sustainable growth.
date: 2025-11-20T18:05:22+01:00
modified: 2026-08-04T13:17:29+02:00
author: AYCO
type: page
translations:
  - lang: es
    url: https://ayco.es/inversores-y-accionistas.md
---

# Commitment to those who drive our growth

## Strong commitment with our investors

Ayco strictly complies with the best practices of corporate governance and transparency with our investors.

For this new growth phase, we have assumed a more ambitious commitment with the corporate social responsibility by assuming the ESG criteria in the development of our activity.

We are sure that is from corporate responsibility, internally as externally, that we will achieve a stronger company and the creation of future value in the long run, not just for our shareholders as for our stakeholders.

## Financial infomation

Regular information

Annual report

### 2025

Half-yearly report – Second half of 2025

[Download](https://ayco.es/almacen/2026/03/AYCO_EEFF_2-SEMESTRE-2025.pdf)

Half-yearly report – First half of 2025

[Download](https://ayco.es/almacen/2025/11/IPP-PRIMER-SEMESTRE-202500753120250929133120.pdf)

### 2024

Half-yearly report – Second half of 2024

[Download](https://ayco.es/almacen/2025/10/informacion_financiera_2024.pdf)

Half-yearly report – First half of 2024

[Download](https://ayco.es/almacen/2025/12/IPP-PRIMER-SEMESTRE-2024.pdf)

### 2023

Half-yearly report – Second half of 2023

[Download](https://ayco.es/almacen/2025/10/ipp_segundo_semestre_20231.pdf)

Half-yearly report – First half of 2023

[Download](https://ayco.es/almacen/2025/10/ipp_mas_informe_gesti_pri_semestre_comprimido.pdf)

### 2022

Half-yearly report – Second half of 2022

[Download](https://ayco.es/almacen/2025/10/memoria_abreviada_informe_de_gestion_2_semestre_2022.pdf)

Half-yearly report – First half of 2022

[Download](https://ayco.es/almacen/2025/10/ipp_primer_semestre_2022_ayco.pdf)

Special report required by the Ministerial Order of 30 September 1992, relating to 30 June 2022

[Download](https://ayco.es/almacen/2025/10/0_informe_ayco_2.pdf)

### 2021

Half-yearly report – Second half of 2021

[Download](https://ayco.es/almacen/2025/10/memoria_2_semestre_e_informe_de_gestion.pdf)

Half-yearly report – First half of 2021

[Download](https://ayco.es/almacen/2025/10/memoria_1_semestre_2021.pdf)

Interim management report – First half of 2021

[Download](https://ayco.es/almacen/2025/10/infome_de_gestion_1_semestre_2021.pdf)

### 2020

Half-yearly report – Second half of 2020

[Download](https://ayco.es/almacen/2025/10/informe_2_semestre_2020.pdf)

Half-yearly report – First half of 2020

[Download](https://ayco.es/almacen/2025/10/informe_1_semestre.pdf)

Quarterly report – First quarter of 2020

[Download](https://ayco.es/almacen/2025/10/primer_trimestre_2020.pdf)

### 2019

Half-yearly report – Second half of 2019

[Download](https://ayco.es/almacen/2025/10/informacion_periodica_1_semestre_2019.pdf)

Half-yearly report – First half of 2019

[Download](https://ayco.es/almacen/2025/10/memoria_abreviada_e_informe_de_gestion_2_semestre_2019.pdf)

### 2018

Half-yearly report – First half of 2018

[Download](https://ayco.es/almacen/2025/10/iiff_primer_semestre_2018_ayco_grupo_cnmv.pdf)

Interim management report – First half of 2018

[Download](https://ayco.es/almacen/2025/10/informe_de_gestion_junio_2018.pdf)

Half-yearly report – Second half of 2018

[Download](https://ayco.es/almacen/2025/10/memoria_abreviada_e_informe_de_gestion_2_semestre_2018_2.pdf)

Interim management report – Second half of 2018

[Download](https://ayco.es/almacen/2025/10/informe_de_gestion_2018.pdf)

Quarterly report – First quarter

[Download](https://ayco.es/almacen/2025/10/primer_trimestre_2018.pdf)

### 2017

Abridged Annual Report and Management Report 1st half of 2017

[Download](https://ayco.es/almacen/2025/10/memoria_abreviada_e_informe_de_gestion_semestre_1_modificado.pdf)

### 2016

Financial information 1st half 2016

[Download](https://ayco.es/almacen/2025/10/memoria_abreviada_e_informe_de_gestion_semestre_1.pdf)

Management Report

[Download](https://ayco.es/almacen/2025/10/informe_de_gestion_2016_para_informacion_semestral.pdf)

Abridged report

[Download](https://ayco.es/almacen/2025/10/memoria_abreviada_e_informe_de_gestion_2_semestre_2016_1__2__1.pdf)

### 2015

Periodic financial statements for the 2nd half of 2015, approved by the company's board of directors on 24 february 2016

Download

### 2024

The officially regulated information is that submitted to the CNMV in FEUE format. It can be accessed through this link

[Access](https://www.cnmv.es/Portal/Consultas/IFA/ListadoIFA?id=0&nif=A-28004240)

Annual Report 2024

Consolidated Annual Accounts and Consolidated Management Report for the 2024 financial year, together with the Audit Report on the Consolidated Annual Accounts

[Download](https://ayco.es/almacen/2025/10/1_ayco_consolidado_2024_definitiva.pdf)

Annual Accounts and Management Report for the 2024 financial year, together with the Annual Accounts Audit Report

[Download](https://ayco.es/almacen/2025/10/1_ayco_individual_2024_definitiva.pdf)

### 2023

The officially regulated information is that submitted to the CNMV in FEUE format. It can be accessed through this link

[Access](https://www.cnmv.es/Portal/Consultas/IFA/ListadoIFA?id=0&nif=A-28004240)

Annual Report 2023

Consolidated Annual Accounts and Consolidated Management Report for the 2023 financial year, together with the Audit Report on the Consolidated Annual Accounts

[Download](https://ayco.es/almacen/2025/10/1_ayco_consolidado_2023_definitiva_2.pdf)

Annual Accounts and Management Report for the 2023 financial year, together with the Annual Accounts Audit Report

[Download](https://ayco.es/almacen/2025/10/1_ayco_individual_2023_definitiva_3.pdf)

### 2022

The officially regulated information is that submitted to the CNMV in FEUE format. It can be accessed through this link

[Access](https://www.cnmv.es/Portal/Consultas/IFA/ListadoIFA?id=0&nif=A-28004240)

Annual Report 2022

Consolidated annual accounts 2022

[Download](https://ayco.es/almacen/2025/10/1_ayco_consolidado_2022_completa.pdf)

Individual annual accounts 2022

[Download](https://ayco.es/almacen/2025/10/1_ayco_individual_2022_completa.pdf)

### 2021

Annual Report 2021

Consolidated annual accounts 2021

[Download](https://ayco.es/almacen/2025/10/2_ayco_consolidado_2021_definitiva_con_firmas_con_opinion.pdf)

Individual annual accounts 2021

[Download](https://ayco.es/almacen/2025/10/2_ayco_individual_2021_definitiva_con_firmas_con_opinion.pdf)

### 2020

Annual Report 2020

Annual accounts and consolidated annual report 2020

[Download](https://ayco.es/almacen/2025/10/ayco_consolidado_2020_definitiva_firmado.pdf)

Annual accounts and individual management report 2020

[Download](https://ayco.es/almacen/2025/10/ayco_individual_2020_definitiva_firmada.pdf)

### 2019

Annual Report 2019

Annual Accounts and Individual Management Report 2019

[Download](https://ayco.es/almacen/2025/10/1_ayco_individual_2019_definitiva_firmadas_1.pdf)

Annual Accounts and Consolidated Management Report 2019

[Download](https://ayco.es/almacen/2025/10/1_ayco_consolidado_2019_definitiva_firmadas_1.pdf)

### 2018

Good Corporate Governance Report

Good Governance Report for the financial year 2018

[Download](https://ayco.es/almacen/2025/10/igc_ayco_2018.pdf)

Directors' Remuneration Report

Remuneration Report for the financial year 2018

[Download](https://ayco.es/almacen/2025/10/irc_a_28004240_2018.pdf)

CAAC and individual management reports

Annual Accounts and Directors' Report Ayco Grupo Inmobiliario, financial year 2018

[Download](https://ayco.es/almacen/2025/10/ayco_2018.pdf)

Consolidated CAAC and Management Report

Annual Accounts and Directors' Report Ayco Grupo Inmobiliario and subsidiaries, financial year 2018

Download

Annual report

Directors' Remuneration Report

[Download](https://ayco.es/almacen/2025/10/i_remuneraciones_consejeros.pdf)

Good Governance Report

[Download](https://ayco.es/almacen/2025/10/i_gobierno_corporativo.pdf)

Annual Report 2017

Consolidated annual accounts 2017

[Download](https://ayco.es/almacen/2025/10/oc_ayco_grupo_inmobiliario_consolidado_2017.pdf)

Individual annual accounts 2017

[Download](https://ayco.es/almacen/2025/10/oc_ayco_grupo_inmobiliario_individual_2017.pdf)

### 2017

Annual Report 2017

Consolidated annual accounts 2017

[Download](https://ayco.es/almacen/2025/10/oc_ayco_grupo_inmobiliario_consolidado_2017-1.pdf)

Individual annual accounts 2017

[Download](https://ayco.es/almacen/2025/10/oc_ayco_grupo_inmobiliario_individual_2017-1.pdf)

### 2016

Individual annual accounts 2017

Consolidated annual accounts 2016

[Download](https://ayco.es/almacen/2025/10/oc_ayco_grupo_inmobiliario_conso_2016.pdf)

### 2015

Annual Accounts 2015

Auditors' report on the individual accounts

[Download](https://ayco.es/almacen/2025/10/opinion_deloitte_individual.pdf)

Individual Annual Accounts 2015

[Download](https://ayco.es/almacen/2025/10/memoria_ayco_individual_2015_definitivo.pdf)

Auditors' report on the consolidated accounts

[Download](https://ayco.es/almacen/2025/10/opinion_deloitte_consolidada.pdf)

Consolidated Annual Accounts 2015

[Download](https://ayco.es/almacen/2025/10/memoria_ayco_conso_2015_definitivo.pdf)

Corporate Governance Report

[Download](https://ayco.es/almacen/2025/10/informe_anual_gc_final_2015.pdf)

Directors' Remuneration Report

[Download](https://ayco.es/almacen/2025/10/informe_anual_rc_final_2015.pdf)

Documentation General Meeting - 2015/4/9

Report of the board of directors of AYCO Grupo inmobiliario,S.A. (the "Company"), on the proposed amendment of articles 3, 5, 6 and 11. 4 of the regulations of the general shareholders' meeting of the company in order to adapt them to the new provisions introduced by law 31/2014, of 3 December, which amends the capital companies law to improve corporate governance

[Download](https://ayco.es/almacen/2025/10/19_modificacion_estautos_2.pdf)

Average payment period - 2015/12/4

The Average Payment Period to creditors and suppliers is reported in the 2014 Management Report

[Download](https://ayco.es/almacen/2025/10/3_periodo_medio_de_pago_de_acreedores.pdf)

Final minutes of the General Shareholders' Meeting - 2015/12/3

Minutes of the General Shareholders' Meeting held on May 12 2015

Download

## General Assembly

Convocation

Documentation

### 2026

Notice of General Meeting 2026

[Download](https://ayco.es/almacen/2026/05/OIR.-Convocatoria-Junta-General-Ordinaria-2026.pdf)

### 2025

Notice of General Meeting 2025

[Download](https://ayco.es/almacen/2025/10/borme_c_2025_1151.pdf)

Call for the General Meeting in June 2025

[Download](https://ayco.es/almacen/2025/10/oir_convocatoria_junta.pdf)

### 2024

Call for the General Meeting 2024

[Download](https://ayco.es/almacen/2025/10/borme_c_2024_2377.pdf)

Announcement of the Notice of the Shareholders' Meeting 2024

[Download](https://ayco.es/almacen/2025/10/ayco_convocatoria_jgoe_2024.pdf)

### 2023

Announcement of the Notice of the Shareholders' Meeting 2023

[Download](https://ayco.es/almacen/2025/10/1._20230525_anuncio_convocatoria_junta_26_y_27_junio_2023_borme.pdf)

### 2022

Proposed resolutions of the Board 29 December 2022

[Download](https://ayco.es/almacen/2025/10/42_propuesta_acuerdos_junta_29_diciembre_2022.pdf)

Notice of General Shareholders' Meeting

Independent Auditor's Report 2021

[Download](https://ayco.es/almacen/2025/10/41_informe_comision_auditoria_independencia_auditor_2021_2.pdf)

Proposal to the NyR Board appointment Eric Bergasa

[Download](https://ayco.es/almacen/2025/10/38_propuesta_a_junta_comision_nyr_nombramiento_eric_bergasa.pdf)

Notice for General Meeting

2022 Ordinary and Extraordinary General Meeting

[Download](https://ayco.es/almacen/2025/10/anuncio.pdf)

### 2021

Notice of General Shareholders' Meeting 21 July 2020

Notice of Extraordinary General Shareholders' Meeting

[Download](https://ayco.es/almacen/2025/10/anuncio_convocatoria_junta_30_noviembre_2021.odt)

Notice of General Shareholders' Meeting

Announcement

Audit of 2020 annual accounts

[Download](https://ayco.es/almacen/2025/10/convocatoria_junta_general.pdf)

### 2020

Notice of General Shareholders' Meeting 21 July 2020

Announcement

[Download](https://ayco.es/almacen/2025/10/ayco_abc_6x2.pdf)

### 2019

Call for Extraordinary General Meeting

Call for applications December 2019

[Download](https://ayco.es/almacen/2025/10/hecho_relevante_convocatoria_junta_27_12_2019.pdf)

Notice for General Meeting

Resolution of the Board of Directors convening the General Meeting of Shareholders for June 27 2019

[Download](https://ayco.es/almacen/2025/10/convocatoria_junta_27_junio_2019.pdf)

### 2018

Telematic assistance

Information on the link for telematic assistance

[Download](https://ayco.es/almacen/2025/10/asistencia_telematica.pdf)

Extraordinary General Meeting

Notice convening the Extraordinary General Meeting to be held on 20 December 2018

[Download](https://ayco.es/almacen/2025/10/convocatoria_junta_ayco_20_12_2018.pdf)

Ordinary General Meeting of Shareholders June 30 2018

Call of the Ordinary General Meeting

[Download](https://ayco.es/almacen/2025/10/convocatoria_junta_ayco_30_junio_2018.pdf)

### 2017

Ordinary General Shareholders' Meeting

Call of the Ordinary General Meeting

[Download](https://ayco.es/almacen/2025/10/convocatoria_junta_ordinaria.pdf)

Extraordinary General Meeting documentation

Convocation

[Download](https://ayco.es/almacen/2025/10/convocatoria.pdf)

### 2016

Ordinary General Meeting Documentation June 2016

Announcement of the Ordinary General Meeting June 2016

[Download](https://ayco.es/almacen/2025/10/anuncio_convocatoria_jg_o.pdf)

### 2015

Call for Extraordinary General Meeting - 11/19/2015

The Extraordinary General Shareholders' Meeting of the Company is called on December 22, 2015.

[Download](https://ayco.es/almacen/2025/10/11_convocatoria_diciembre.pdf)

### 2025

Agreements adopted at the General Assembly

Proposed resolutions submitted for approval at the Ordinary General Meeting of June 30, 2025

[Download](https://ayco.es/almacen/2025/10/46.3_propuestas_de_acuerdos.pdf)

Agreements adopted at the Extraordinary General Meeting of 9 May 2025

[Download](https://ayco.es/almacen/2025/10/2025.05.09_ayco_jge_def.pdf)

Appointments

Report of the Directors Jose Maria de Arcas Castro and Eric Bergasa López

[Download](https://ayco.es/almacen/2025/10/45.2.1_informe_consejo_jmac_eb.pdf)

Appointments and Remuneration Committee Report

[Download](https://ayco.es/almacen/2025/10/45.2.2_informe_de_la_comision_de_nombramientos_y_retribuciones.pdf)

### 2022

Agreements adopted at the General Assembly

Resolutions adopted at the Extraordinary General Meeting of 19 December 2022

Download

HR with the resolutions adopted at the Ordinary and Extraordinary General Meeting of 27 June 2022

[Download](https://ayco.es/almacen/2025/10/hecho_relevante_acuerdos_junta_ayco_aprobac_cuentas_2021.pdf)

Proposed agreements

[Download](https://ayco.es/almacen/2025/10/propuesta_acuerdos.pdf)

Annual Report 2021

Individual annual accounts 2021

[Download](https://ayco.es/almacen/2025/10/2_ayco_individual_2021_definitiva_con_firmas_con_opinion_1.pdf)

Consolidated annual accounts 2021

[Download](https://ayco.es/almacen/2025/10/2_ayco_consolidado_2021_definitiva_con_firmas_con_opinion_1.pdf)

Corporate Governance Report

[Download](https://ayco.es/almacen/2025/10/igc_a_28004240_2021.pdf)

Board Remuneration Report

[Download](https://ayco.es/almacen/2025/10/irc_a_28004240_2021.pdf)

### 2021

Material fact

[Download](https://ayco.es/almacen/2025/10/hecho_relevante.pdf)

Auditor proposal

[Download](https://ayco.es/almacen/2025/10/propuesta_auditor.odt)

Proposed agreement on Escayol's appointment

[Download](https://ayco.es/almacen/2025/10/propuesta_acuerdo_mombramiento_escayol.odt)

Proposed Council delegation agreement

[Download](https://ayco.es/almacen/2025/10/propuesta_acuerdo_delegacion_consejo.docx)

Propuesta de Acuerdo 297.1B LSC

[Download](https://ayco.es/almacen/2025/10/propuesta_acuerdo_297.1b_lsc.docx)

Propuesta de Acuerdo 2297.1A LSC

[Download](https://ayco.es/almacen/2025/10/propuesta_acuerdo_297.1a_lsc.docx)

Report from Committee N and R

Appointment of Eduardo Javier Escayol 2021.odt

Download

Administrators' report 297.1.A

[Download](https://ayco.es/almacen/2025/10/informe_administradores_art_297.1a_lsc.docx)

Directors' report 297.1.B

[Download](https://ayco.es/almacen/2025/10/informe_administradores_art_297.1.b_lsc.docx)

Independent Audit Committee Report Auditor

Download

CCAA 2020

Individual CCAA

[Download](https://ayco.es/almacen/2025/10/ayco_individual_2020_definitiva_firmada_1.pdf)

Consolidated CCAA

[Download](https://ayco.es/almacen/2025/10/ayco_consolidado_2020_definitiva_firmado_1.pdf)

### 2020

Proposal agreements board

Proposal agreements general meeting July 21, 2020

[Download](https://ayco.es/almacen/2025/10/propuesta_acuerdos_junta_21_julio_2020.pdf)

Administrators report

Increase in capital

[Download](https://ayco.es/almacen/2025/10/informe_administr_aumento_capital_2020.pdf)

### 2019

Annual Report 2019

Consolidated annual accounts

[Download](https://ayco.es/almacen/2025/10/1_ayco_consolidado_2019_definitiva_firmadas.pdf)

Individual annual accounts

[Download](https://ayco.es/almacen/2025/10/1_ayco_individual_2019_definitiva_firmadas.pdf)

Appointments Committee Report

Counselor Report Alba Barrena

[Download](https://ayco.es/almacen/2025/10/15_1_informe_consejo_25_11_2019_alba_barrena.pdf)

Advisory Report Martin Maslo

[Download](https://ayco.es/almacen/2025/10/15_3_informe_comision_nyr_25_11_2019_martin_maslo.pdf)

Report of Director Monica Ball

[Download](https://ayco.es/almacen/2025/10/15_4_informe_comision_nyr_25_11_2019_monica_ball.pdf)

Advisory Report Alpha Luna LLC

[Download](https://ayco.es/almacen/2025/10/15_4_bis_informe_consejo_25_11_2019_alpha_luna.pdf)

Audit Committee Report

Audit Committee Report on Auditor Independence

[Download](https://ayco.es/almacen/2025/10/6_3_informe_comision_auditoria_independencia_auditor_2018.pdf)

Other documentation

Curriculum Alba Barrena

[Download](https://ayco.es/almacen/2025/10/15_7_curriculum_alba_barrena.pdf)

Curriculum Monica Ball

[Download](https://ayco.es/almacen/2025/10/15_8_curriculum_monica_ball.pdf)

Curriculum Martin Maslo

[Download](https://ayco.es/almacen/2025/10/15_6_curriculum_martin_maslo.pdf)

Curriculum Jose Maria de Arcas

[Download](https://ayco.es/almacen/2025/10/15_5_curriculum_jose_maria_de_arcas.pdf)

Proposed agreements

Proposal of the resolutions to adopt Extraordinary General Meeting 27 Dec 2019

[Download](https://ayco.es/almacen/2025/10/14_1_propuestas_acuerdos_junta_27_diciembre_2019.pdf)

Good Corporate Governance Report

Good Governance Report for the financial year 2018

[Download](https://ayco.es/almacen/2025/10/igc_ayco_2018-1.pdf)

Directors' Remuneration Report

Remuneration Report for the financial year 2018

[Download](https://ayco.es/almacen/2025/10/irc_a_28004240_2018-1.pdf)

CAAC and individual management reports

Annual Accounts and Directors' Report Ayco Grupo Inmobiliario, financial year 2018

[Download](https://ayco.es/almacen/2025/10/ayco_2018-1.pdf)

Consolidated CAAC and Management Report

Annual Accounts and Directors' Report Ayco Grupo Inmobiliario and subsidiaries, financial year 2018

Download

### 2018

Extraordinary General Meeting

Proposed agreements

[Download](https://ayco.es/almacen/2025/10/propuesta_acuerdos_junta_2o_diciembre_2018.pdf)

Ordinary General Shareholders' Meeting June 30, 2018

Proposal of resolutions General Meeting

[Download](https://ayco.es/almacen/2025/10/propuesta_acuerdos_junta_3o_junio_2018.pdf)

Individual annual accounts 2017

Download

Consolidated annual accounts 2017

[Download](https://ayco.es/almacen/2025/10/oc_ayco_grupo_inmobiliario_consolidado_2017_1.pdf)

Corporate Governance Report 2017

[Download](https://ayco.es/almacen/2025/10/i_gobierno_corporativo_1.pdf)

Directors' Remuneration Report 2017

[Download](https://ayco.es/almacen/2025/10/i_remuneraciones_consejeros_1.pdf)

Audit Committee report on auditor independence

[Download](https://ayco.es/almacen/2025/10/8_5_iforme_comision_auditoria_independencia_auditor_2018.pdf)

Audit Committee Proposal on the reelection of Auditor 2018

[Download](https://ayco.es/almacen/2025/10/8_4_propuesta_comite_aditoria_reeleccion_auditor_2018.pdf)

### 2017

Proposed General Meeting resolutions

Proposal of the resolutions to be adopted at the General Meeting

[Download](https://ayco.es/almacen/2025/10/propuesta_acuerdos_junta_ordinaria_junio_17_1.pdf)

External audit

Report of the Audit Committee on the renewal of auditors for the years 2017 to 2019 DOWNLOAD PDF External audit Report of the Audit Committee on the independence of the

[Download](https://ayco.es/almacen/2025/10/informe_comision_auditoria_sobre_renovacion_de_auditores.pdf)

Report of the Audit Committee on the independence of the auditor

[Download](https://ayco.es/almacen/2025/10/informe_comision_oauditoria_sobre_independencia_del_auditor.pdf)

Capital Proposals

Report of the Board of Directors for a subsequent capital increase

[Download](https://ayco.es/almacen/2025/10/informe_adm_aumento_de_capital.pdf)

Appointment of Directors

Counselor Curriculum

[Download](https://ayco.es/almacen/2025/10/cv_ee_para_cnmv_1.pdf)

Report of the Board of Directors on the appointment of new Directors

[Download](https://ayco.es/almacen/2025/10/informe_consejo_nombramiento_eduardo_escayol.pdf)

Commission report for appointments of new Directors

[Download](https://ayco.es/almacen/2025/10/informe_comision_n_y_r_nombramiento_eduardo_javier_escayol.pdf)

Statutes

Consolidated statutes

[Download](https://ayco.es/almacen/2025/10/estatutos_ayco_refundidos.pdf)

Board of Directors report on the amendment of the bylaws

[Download](https://ayco.es/almacen/2025/10/informe_adm_modificacion_de_estatutos.pdf)

Extraordinary General Meeting documentation

Texto acuerdos Junta 30 03 17

[Download](https://ayco.es/almacen/2025/10/texto_acuerdos_junta_30_03_17.pdf)

R Escalante Appointment Board Report

[Download](https://ayco.es/almacen/2025/10/informe_consejo_nombramiento_r_escalante.pdf)

Commission Report N and R appointment R Escalante

[Download](https://ayco.es/almacen/2025/10/informe_comision_n_y_r_nombramiento_r_escalante.pdf)

Adm Contra-split Report

[Download](https://ayco.es/almacen/2025/10/informe_adm_contra_split.pdf)

### 2016

Individual annual accounts 2017

Directors' Remuneration Report

[Download](https://ayco.es/almacen/2025/10/i_remuneraciones_consejeros-1.pdf)

Good Governance Report

[Download](https://ayco.es/almacen/2025/10/ig_obiernos_corporativo.pdf)

Consolidated annual accounts 2016

[Download](https://ayco.es/almacen/2025/10/oc_ayco_grupo_inmobiliario_conso_2016-1.pdf)

Individual Annual Accounts 2016

[Download](https://ayco.es/almacen/2025/10/oc_ayco_grupo_inmobiliario_indi_2016.pdf)

Resolutions adopted by the Ordinary General Meeting of shareholders General Meeting June 29, 2016

Approval of the annual accounts for the financial year 2015

[Download](https://ayco.es/almacen/2025/10/hr_celebracion_junta_general_ordinaria_2016.pdf)

Ordinary General Meeting Documentation June 2016

Individual annual accounts 2015.- Audit Report

[Download](https://ayco.es/almacen/2025/10/informe_auditores_ccaa_individual_2015.pdf)

Individual annual accounts 2015.- Annual report

[Download](https://ayco.es/almacen/2025/10/memoria_ayco_individual_2015_definitivo_1.pdf)

Consolidated Annual Accounts 2015.- Audit Report

[Download](https://ayco.es/almacen/2025/10/informe_auditoria_ccaa_consolid_2015.pdf)

Consolidated annual accounts 2015.- Annual report

[Download](https://ayco.es/almacen/2025/10/memoria_ayco_conso_2015.pdf)

Corporate Governance Report 2015.-

[Download](https://ayco.es/almacen/2025/10/informe_g_corpor_2015.pdf)

Directors Remuneration Report 2015.-

[Download](https://ayco.es/almacen/2025/10/informe_remunerac_2015.pdf)

Report from the board of directors on the proposal to amend article 21 of the company bylaws

[Download](https://ayco.es/almacen/2025/10/informe_administradores.pdf)

Proposed minutes of the ordinary general meeting of AYCO Grupo Inmobiliario, SA

[Download](https://ayco.es/almacen/2025/10/acta_junta_general_ordinaria_junio_2016_2.pdf)

### 2015

General Meeting Documentation - 10/10/2015

Remuneration policy of the board of directors of AYCO Grupo Inmobiliario, SA (“AYCO” or the “Company”)
[Download](https://ayco.es/almacen/2025/10/24_politica_de_remuneraciones.pdf)

Report presented by the board of directors of the sociedad AYCO Grupo Inmobiliario, SA in relation to the proposal for the reexpression of the annual accounts for the year ended December 31, 2013, referred to on the September of the sept. Ordinary general shareholders 'meeting called for the days 12 and 13 of May 2015 on the first and second calls, respectively

[Download](https://ayco.es/almacen/2025/10/23_reexpresion.pdf)

Documentation General Meeting - 2015/4/9

Minutes of the company's appointments and remuneration committee

Download

Report presented by the board of directors of the sociedad AYCO Grupo Inmobiliario, SA in relation to the proposed application of reserves to compensate losses and reduction of capital to compensate losses referred to by the tenth point of the general meeting of shareholders called for the days 12 and 13 of may 2015 in first and second calls, respectively

[Download](https://ayco.es/almacen/2025/10/12_compensacion_perdidas.pdf)

Special report on capital increase of € 3 billion

[Download](https://ayco.es/almacen/2025/10/16_aumento_capital.pdf)

Special report on the capital increase

[Download](https://ayco.es/almacen/2025/10/17_informe_ampliacion_reduccion.pdf)

Draft minutes of the ordinary general meeting of AYCO Grupo Inmobiliario, SA

[Download](https://ayco.es/almacen/2025/10/18_borrador_acta_junta_general.pdf)

Report of the board of directors of AYCO Grupo Inmobiliario, SA. (the "company"), on the proposed amendment of articles 3, 5, 6 and 11. 4 of the regulations of the general shareholders' meeting of the company in order to adapt them to the new provisions introduced by law 31/2014, of 3 December, which amends the capital companies law to improve corporate governance

[Download](https://ayco.es/almacen/2025/10/19_modificacion_estautos_2-1.pdf)

Report of the board of directors of AYCO Grupo Inmobiliario, SA (the “company”), on the proposal to amend articles 13, 14, 16, 17, 20, 21, 23, 24 and 24 bis of the corporate bylaws of the company, and introduction of new articles 13 bis and 24 ter in such bylaws, for the purpose of their adaptation to the novelties introduced by law 31/2014, of December 3, which amended the law on capital companies for the improvement of corporate governance

[Download](https://ayco.es/almacen/2025/10/20_modificacion_estautos_1.pdf)

Report presented by the board of directors of the sociedad AYCO Grupo Inmobiliario, SA in relation to the proposal to increase capital with money contributions and delegation to the board of directors ex art. 297.1 (a) of the capital corporations law, referred to in the thirteenth point of the agenda of the ordinary general shareholders 'meeting called for May 12 and 13, 2015 on the first and second calls, respectively

Download

Report presented by the board of directors of the sociedad AYCO Grupo Inmobiliario, SA in relation to the proposed application of reserves to compensate losses and reduction of capital to compensate losses referred to by the tenth point of the general meeting of shareholders called for the days 12 and 13 of may 2015 in first and second calls, respectively

Download

Minutes of the company's appointments and remuneration committee

Download

Internal regulation of the board of directors of AYCO Grupo Inmobiliario

[Download](https://ayco.es/almacen/2025/10/26_reglamento_interno.pdf)

Report made by the appointments and remuneration committee of AYCO Grupo Inmobiliario, SA, in relation to the appointment of Mrs Asunción Alba Barrena Valverde, with id 30534569-e, as individual representative of the advisor fgb FGB NOSTRUM ADVISORS S.L.

[Download](https://ayco.es/almacen/2025/10/27_informe_de_consejo_sobre_nombramiento_por_cooptacion.pdf)

Report prepared by the board of directors of AYCO Grupo Inmobiliario, SA in relation to the appointment by cooptation of FGB NOSTRUM ADVISORS S.L. and in relation to the appointment of mrs. Asunción Alba Barrena Valverde as an individual representative

[Download](https://ayco.es/almacen/2025/10/28_informe_comision_nombramientos_sobre_cooptacion.pdf)

Final minutes of the General Shareholders' Meeting - 2015/12/3

Minutes of the General Shareholders' Meeting held on May 12 2015

Download

Documentos Junta General Extraordinaria – 11/19/2015

Draft minutes of the extraordinary general shareholders 'meeting of AYCO Grupo Inmobiliario, SA

[Download](https://ayco.es/almacen/2025/10/7_propuesta_acuerdos_junta_general_borrador_de_acta.pdf)

Report of the Board of Directors on the appointment of new Directors and natural person representatives

Download

Remuneration policy of the board of directors of AYCO Grupo Inmobiliario, SA (“AYCO” or the “Company”)

Download

Report presented by the board of directors of the sociedad AYCO Grupo Inmobiliario, SA in relation to the proposal to increase capital with capital with countervalue of money contributions and delegation countervalue of money contributions and delegation

Download

Proposals and reports for the appointment of members of the Board of Directors, and specific report on the modification of the Remuneration Policy of the Board of Directors

[Download](https://ayco.es/almacen/2025/10/12_compensacion_perdidas-1.pdf)

Call to the Stockholders of the Company to the Extraordinary General Meeting of Shareholders to be held on December 22, 2015

Download

Minutes of the General Meeting - 7/6/2015

Minutes of the ordinary general meeting of AYCO Grupo Inmobiliario, SA

[Download](https://ayco.es/almacen/2025/10/14_acta_junta_general_ordinaria_mayo_2015_2.pdf)

Capital Reduction - 11/10/2015

Application of reserves to compensate for losses. Reduction of share capital in the sum of 23,151,780.92 euros, by reducing the nominal value of each of the 7,769,054 shares of the Company, from the figure of 3.01 euros of nominal value per share, to the figure of 0.03 euros of nominal value per share, to offset losses.

[Download](https://ayco.es/almacen/2025/10/15_reextructuracion_capital.pdf)

General Meeting Regulations - 6/16/2015

Articles 3, 5, 6 and 11.4 of the Regulations of the General Shareholders' Meeting of the Company are amended and a new consolidated text of said regulations is approved

Download

Extraordinary General Meeting documentation – 11/20/2015

Identification data of Directors (and, where appropriate, natural person representatives) to be appointed / ratified by the Extraordinary General Shareholders' Meeting

Download

## IPO’s and documentation of additional interest

Capital increase

Business plans

### 2026

IP Execution of Capital Increase

[Download](https://ayco.es/almacen/2026/05/IP_Ejecucion_de_Aumento_de_Capital.pdf)

### 2025

Directors' Report

[Download](https://ayco.es/almacen/2025/10/informe_administradores_art_297.1.b_lsc_2.pdf)

### 2024

Special auditors' report

Supplement

[Download](https://ayco.es/almacen/2025/10/ayco_suplemento_folleto_drnv_aumento_dinerario_v.firma_.pdf)

IP capital increase execution and prospectus registration

[Download](https://ayco.es/almacen/2025/10/ayco_ip_ejecucion_aumento_de_ca_pital_y_registro_del_folleto.pdf)

Other documents

Securities note

[Download](https://ayco.es/almacen/2025/10/nota_de_valores_v_firma.pdf)

Registration document

[Download](https://ayco.es/almacen/2025/10/documento_de_registro_v_firma.pdf)

### 2023

Special auditors' report

Registration Document

Capital increase through credit compensation

[Download](https://ayco.es/almacen/2025/10/informe_especial_auditores00166520230608113028.pdf)

Other documents

Board of Directors' agreement on the proposed capital increase

ACC Administrators Report

[Download](https://ayco.es/almacen/2025/10/2._20230525_informe_administradores_acc_def.pdf)

Proposed agreement ACC

[Download](https://ayco.es/almacen/2025/10/3._20230525_propuesta_acuerdo_acc_def.pdf)

Administrators' Report Art. 297

[Download](https://ayco.es/almacen/2025/10/4._20230525_informe_administradores_art_297.1a_lsc_def.pdf)

Proposed Agreement 297

[Download](https://ayco.es/almacen/2025/10/5._20230525_propuesta_acuerdo_297.1a_lsc_def.pdf)

CNR JACS proposal

[Download](https://ayco.es/almacen/2025/10/6._20230525_propuesta_cnr_jacs_def.pdf)

CNR JACG proposal

[Download](https://ayco.es/almacen/2025/10/7._20230525_propuesta_cnr_jacg_def.pdf)

Independent Audit Committee Report Auditors: 2023

[Download](https://ayco.es/almacen/2025/10/8._20230525_informe_comision_auditoria_independencia_auditor_def.pdf)

### 2022

Registration Document

[Download](https://ayco.es/almacen/2025/10/documento_registro.pdf)

Securities Note

[Download](https://ayco.es/almacen/2025/10/nota_de_valores.pdf)

Board of Directors' agreement on the proposed capital increase

[Download](https://ayco.es/almacen/2025/10/rodio_ip_ejecucion_aumento_capital_y_registro_folleto.pdf)

### 2020

Capital Increase

Registration Document

[Download](https://ayco.es/almacen/2025/10/documento_registro_defi.pdf)

Securities Note

[Download](https://ayco.es/almacen/2025/10/nota_de_valores_vdefinitiva.pdf)

Text Approval of the Capital increase brochure

[Download](https://ayco.es/almacen/2025/10/hecho_relevante_aprobacion_folleto_informativo.pdf)

### 2017

Capital Increase

Modification of the extension schedule

[Download](https://ayco.es/almacen/2025/10/hecho_relevante_publi_borme_ampl_capital_13_07_2017.pdf)

Capital Increase

Approval of the Securities Note

[Download](https://ayco.es/almacen/2025/10/hr_aprobacion_de_nota_de_valores_2017_1.pdf)

Capital Increase with Preferential Subscription Rights

[Download](https://ayco.es/almacen/2025/10/nota_de_valores_ampliacion_ayco_2017_firmado.pdf)

### 2016

Capital increase registration

Business plan 2015

Capital Increase – 11/10/2015

Formalization of the capital increase deed with the issuance of 30,872,926 shares

[Download](https://ayco.es/almacen/2025/10/hr_inscripcion_aumento_de_capital.pdf)

Capital Increase

Full subscription to an increase in capital

Capital Increase – 09/16/2015

End of the discretionary period and information about the subscription

[Download](https://ayco.es/almacen/2025/10/hr_finalizacion_periodo_discreccional.pdf)

Extension of the subscription period of the Discretionary Assignment tranche

[Download](https://ayco.es/almacen/2025/10/hr_ampliacion_periodo_discreccional.pdf)

Capital increases – 7/28/2015

Approval of the Registration Document and Securities Note Capital Increase

[Download](https://ayco.es/almacen/2025/10/hr_aprobacion_documento_de_registro_y_nota_de_valores.pdf)

Share subscription offer

The capital increase through the capitalisation of credits and the subsequent reduction in capital has been registered.

Capital increase €3 million – 10/26/2015

Capital Increase with preferential subscription rights

Download

Capital Increase Registration Document

The Company's share capital registered in the Madrid Commercial Registry stands at €3,233,071.62.

Registration Document

[Download](https://ayco.es/almacen/2025/10/documento_registro_definitivo_13_oct.pdf)

Securities Note Capital Increase

Capital increase with preferred subscription rights through the issue (public subscription offer) of up to 125,729,114 ordinary shares with issue premium

[Download](https://ayco.es/almacen/2025/10/nota_de_valores_ampliacion_de_capital_ayco_125729114.pdf)

### 2015

Business plan 2015

[Download](https://ayco.es/almacen/2025/10/bp_summary.pdf)

Capital Increase – 11/10/2015

Full subscription to an increase in capital

Download

Capital Increase – 09/16/2015

Increase of capital: update to subscription calendar

Download

Capital increases – 7/28/2015

The capital increase through the capitalisation of credits and the subsequent reduction in capital has been registered.

Download

Capital increase €3 million – 10/26/2015

The Company's share capital registered in the Madrid Commercial Registry stands at €3,233,071.62.

Download

### 2024

Business plan 2024-2026

[Download](https://ayco.es/almacen/2025/10/20240624_ayco_pres_gral_esp.pdf)

OPA Exemption Report

[Download](https://ayco.es/almacen/2025/10/informe_exencion_opa.pdf)

### 2020

TEASER Business Plan 2020. This document replaces and cancels the previous Business Plan for 2017

[Download](https://ayco.es/almacen/2025/10/pdf_teaser_cnmv.pdf)

### 2017

Business plan 2017

[Download](https://ayco.es/almacen/2025/10/AYCOBusinesPlan20171004_Executive_Summary.pdf)

### 2015

Business plan 2015

Download

## Relevant facts. Several decades of history. Important milestones that configure it.

### 2026

OIR - Purchase of real estate assets

[Download](https://ayco.es/almacen/2026/07/OIR_AYCO_Paiporta_final_1_.pdf)

Nota IP. Capital increase

[Download](https://ayco.es/almacen/2026/06/58.1.-Informacion-Privilegiada-CNMV-Ejecucion-Aumento-de-capital-.pdf)

Notice of General Shareholders' Meeting

[Download](https://ayco.es/almacen/2026/05/OIR.-Convocatoria-Junta-General-Ordinaria-2026.pdf)

### 2025

Agreements adopted by the General Shareholders' Meeting

[Download](https://ayco.es/almacen/2025/10/oir_acuerdos_aju_ordinaria.pdf)

OIR Acuerdos Junta General Extraordinaria

[Download](https://ayco.es/almacen/2025/10/45.5_oir_jgs_acuerdos.pdf)

Nota OIR Junta General Extraordinaria

[Download](https://ayco.es/almacen/2025/10/45.1._anexo_no5_nota_oir_jge_202505091.pdf)

Strategic Plan 2025-2028

IP Note February 2024

IP CNMV Note

[Download](https://ayco.es/almacen/2025/10/20250527_nota_ip_plan_estrategico_1_.docx)

IP August/November 2024

Summary presentation of the Strategic Plan 2025-2028

[Download](https://ayco.es/almacen/2025/10/20250527_ayco__presentacion__resumidabme.pdf)

### 2024

Capital increase

[Download](https://ayco.es/almacen/2026/05/OIR-DIS-7.1-AYCO.pdf)

OIR July 2024

[Download](https://ayco.es/almacen/2025/10/nota_oir_ampl_cap_20240710.pdf)

IP Note June 2024

[Download](https://ayco.es/almacen/2025/10/20240627_nota_ip_con_solicitud_exencion.pdf)

IP Note June 2024 Council

[Download](https://ayco.es/almacen/2025/10/nota_ip_consejo.pdf)

IP Note February 2024

[Download](https://ayco.es/almacen/2025/10/ayco_ip_firma_compromisos_comentarios_ryc_21.02.2024.pdf)

OPA exemption

[Download](https://ayco.es/almacen/2025/10/exencion_opa.pdf)

IP August/November 2024

Supplementary Register (November 2024)
[Download](https://ayco.es/almacen/2025/10/ayco_ip_registro_suplemento_noviembre_2024.pdf)

IP October 2024

[Download](https://ayco.es/almacen/2025/10/ayco_ip_salida_nortia_octubre_2024.pdf)

Completion of third round (September 2024)
[Download](https://ayco.es/almacen/2025/10/ayco_ip_finalizacion_3a_vuelta_septiembre_2024.pdf)

Extension 3rd round (August 2024)
[Download](https://ayco.es/almacen/2025/10/ayco_ip_extension_3a_vuelta_agosto_2024.pdf)

OIR July/September 2024 2024

Resignation of member of the Board of Directors (September 2024)
[Download](https://ayco.es/almacen/2025/10/ayco_oir_renuncia_miembro_del_consejo_de_administracion_septiembre_2024.pdf)

Results of the first and second rounds of capital increase (August 2024)
[Download](https://ayco.es/almacen/2025/10/ayco_oir_resultados_aumento_de_capital_1a_y_2a_vuelta_agosto_2024.pdf)

No transfer of pre-emptive subscription rights (July 2024)
[Download](https://ayco.es/almacen/2025/10/ayco_oir_no_transmision_derechos_de_s_uscripcion_preferente_julio_2024.pdf)

Nortia capital increase subscription (July 2024)
[Download](https://ayco.es/almacen/2025/10/ayco_oir_suscripcion_nortia_ampliacion_de_capital_julio_2024.pdf)

### 2023

Capital Increase

IAP Note 2023

[Download](https://ayco.es/almacen/2025/10/9._20230525_nota_ip_def_fdo.pdf)

### 2022

Capital Increase

Text Approval of the Capital increase brochure

Notification of shares subscribed during the preferential and additional periods. Start of the discretionary period.

[Download](https://ayco.es/almacen/2025/10/2.20_comunicacion_info_rerelvante_resultado_suscripcion_preferente.pdf)

Board of Directors' agreement on the proposed capital increase

[Download](https://ayco.es/almacen/2025/10/rodio_ip_ejecucion_aumento_capital_y_registro_folleto-1.pdf)

### 2020

Notice for General Meeting

Text Approval of the Capital increase brochure

[Download](https://ayco.es/almacen/2025/10/hecho_relevante_aprobacion_folleto_informativo-1.pdf)

TEASER Business Plan 2020. This document replaces and cancels the previous Business Plan for 2017

[Download](https://ayco.es/almacen/2025/10/pdf_teaser_cnmv-1.pdf)

Notification of the New Strategic Plan of the Company

[Download](https://ayco.es/almacen/2025/10/hecho_relevante_cambio_plan_de_negocio.pdf)

Capital Increase

Communication of the beginning of the pre-emptive subscription period

[Download](https://ayco.es/almacen/2025/10/hecho_relevante_publicacion_borme_ampl_capital_ayco_27_10_2020.pdf)

Shareholders' General Meeting Agreement July 21, 2020

Approval of accounts.

[Download](https://ayco.es/almacen/2025/10/hecho_relevante_acuerdos_junta_ayco_21_07_2020_aprobac_cuentas.pdf)

Capital Increase.

[Download](https://ayco.es/almacen/2025/10/hecho_relevante_acuerdos_junta_ayco_21_07_2020_ampl_capital.pdf)

### 2019

Notice for General Meeting

Se comunica el acuerdo de convocatoria de Junta General para el día 27 de junio de 2019

[Download](https://ayco.es/almacen/2025/10/hecho_relevante_convocatoria_junta_27_06_2019__2_.pdf)

### 2018

Extraordinary General Meeting Agreement

Appointment of auditors

[Download](https://ayco.es/almacen/2025/10/hecho_relevante_junta_ayco_20_diciembre_2018.pdf)

Call for Extraordinary General Meeting

Communication granting Public Deed

Call and Order of the Extraordinary General Meeting

[Download](https://ayco.es/almacen/2025/10/hecho_relevante_convocatoria_junta_ayco_20_12_2018.pdf)

Modification of the structure of Administration Bodies

Communication of shares subscribed in preferential and additional period

Modification of the structure of the Board of Directors and Audit and Appointment and Remuneration Committees

[Download](https://ayco.es/almacen/2025/10/hecho_relevante_consejo_27_junio_2018.pdf)

Call for General Meeting

Approval of the capital increase with the issuance of 5,882,352

Call and order of business General Shareholders' Meeting

[Download](https://ayco.es/almacen/2025/10/hecho_relevante_convocatoria_junta_30_06_2018.pdf)

Modification of the position of Chairman of the Board

Call and order of business General Shareholders' Meeting

[Download](https://ayco.es/almacen/2025/10/hechos_relevantes_consejo_28_05_2018.pdf)

### 2017

Capital Increase

Communication of the registration of the Capital Increase Deed in the Madrid Mercantile Registry

[Download](https://ayco.es/almacen/2025/10/inscripcion_ampliacion_capital_13_07_2017.pdf)

Communication granting Public Deed

[Download](https://ayco.es/almacen/2025/10/hecho_relevante_ejecucion_ampl_capital_13_07_2017.pdf)

Communication of the result of the capital increase in the discretionary tranche

[Download](https://ayco.es/almacen/2025/10/hecho_relevante_asignacion_discrecional_ampl.capital_13_07_2017_2.pdf)

Communication of shares subscribed in preferential and additional period

[Download](https://ayco.es/almacen/2025/10/hecho_relevante_suscripcion_ampl_capital_periodo_preferente.pdf)

Modification of the extension schedule

[Download](https://ayco.es/almacen/2025/10/hecho_relevante_publi_borme_ampl_capital_13_07_2017-1.pdf)

Approval of the capital increase with the issuance of 5,882,352

[Download](https://ayco.es/almacen/2025/10/hr_aprobacion_de_nota_de_valores_2017.pdf)

Resolutions adopted by the General Shareholders' Meeting held on June 29, 2017

[Download](https://ayco.es/almacen/2025/10/hr_aprobacion_de_nota_de_valores_2017_1-1.pdf)

Ordinary General Shareholders' Meeting

Call to the General Shareholders' Meeting

[Download](https://ayco.es/almacen/2025/10/hr_convocatoria_junta_ordinaria.pdf)

Contrasplit

Determination of the price at the close of the quotation on May 16

[Download](https://ayco.es/almacen/2025/10/hr_precio.pdf)

Contrasplit writing inscription

The entry into effect of the grouping and exchange of the shares is communicated, after the registration of the Deed.

Download

Extraordinary General Shareholders' Meeting held on March 30, 2017

Resolutions adopted by the Extraordinary General Shareholders' Meeting

[Download](https://ayco.es/almacen/2025/10/hr_acuerdos_junta.pdf)

Call for Extraordinary General Meeting

Announcement of the Extraordinary General Meeting to be held on March 30, 2017

[Download](https://ayco.es/almacen/2025/10/hecho_relevante_convocatoria_jg_extraordinaria.pdf)

Agreement of the General Meeting

Agreement of the Board of Directors proceeding to execute contrasplit agreed by the Board

[Download](https://ayco.es/almacen/2025/10/hr_ejecucion_contrasplit_x_el_consejo_1.pdf)

### 2016

Board of Directors Agreement

Agreement of October 10 approving the capital increase

[Download](https://ayco.es/almacen/2025/10/comunicacion_acuerdo_ampliacion_capital.pdf)

### 2015

Other Corporate Governance - 12/4/2015

Notification Member State of origin

Download

Capital Reduction - 11/10/2015

Application of reserves to compensate for losses. Reduction of share capital in the sum of 23,151,780.92 euros, by reducing the nominal value of each of the 7,769,054 shares of the Company, from the figure of 3.01 euros of nominal value per share, to the figure of 0.03 euros of nominal value per share, to offset losses.

[Download](https://ayco.es/almacen/2025/10/15_reextructuracion_capital-1.pdf)

## The specific areas in which Ayco focuses its good governance efforts are:

### Board of directors

Correcto desempeño de nuestra dirección ejecutiva en todas nuestras acciones y proyectos.

### Regulatory compliance

Adequate policies and procedures to guarantee compliance with the regulatory framework.

### Maximum transparency

In the relationships between the governing bodies of the company, as well as the rights and duties of each of them.

## Learn about our governance structure

[Governance structure](https://ayco.es/en/governance-structure/)

## On our blog

[Senior living in Spain: how it works and what to check](https://ayco.es/en/senior-living-in-spain/)
[Ribadesella, Spain: a guide to the Asturian seaside town](https://ayco.es/en/ribadesella-spain/)
[Best places to live in Spain: how to choose by what matters to you](https://ayco.es/en/best-places-to-live-in-spain/)
[AYCO Grupo Inmobiliario drives its strategy in the Senior Living sector](https://ayco.es/en/ayco-grupo-inmobiliario-boosts-its-strategy-in-the-sector/)
[Flats in Ribadesella: Las Terrazas de Ribadesella](https://ayco.es/en/flats-in-ribadesella-las-terrazas-de-ribadesella/)
[Coliving: what it is, how it works, and how to know if it’s right for you](https://ayco.es/en/coliving-what-it-is-how-it-works-and-how-to-know-if-its-right-for-you/)
[Why ESG?](https://ayco.es/en/why-esg/)
[Ayco new business plan](https://ayco.es/en/ayco-new-business-plan/)
[Ayco purchases residential land in Camas, with plans to build 200 mid-to-high-end homes.](https://ayco.es/en/ayco-purchases-residential-land-in-camas-with-plans-to-build-200-mid-to-high-end-homes/)
[Ayco and Stoneweg join forces to grow: they agree on a £13 million financing line](https://ayco.es/en/ayco-and-stoneweg-join-forces-to-grow-they-agree-on-a-13-million-financing-line/)
[The buyer of the Byblos hotel is offering 8.3 million for Aifos’ assets.](https://ayco.es/en/the-buyer-of-the-byblos-hotel-is-offering-8-3-million-for-aifos-assets/)
[The real estate company Ayco announces a capital increase of 18.8 million](https://ayco.es/en/the-real-estate-company-ayco-announces-a-capital-increase-of-18-8-million/)