However Teixeira Duarte disagrees that shares held by directors of group companies Teixeira Duarte Engenharia e Construcoes SA and TDG - SGPS SA should count towards the total controlled by the group, the statement added. These shares amount respectively to 0.07 per cent and 0.01 per cent of capital, it said.
Cimpor has recently been the target of takeover speculation after shareholders voted to scrap a 10 per cent ceiling on shareholders’ voting rights. That move was instigated by French cement maker Lafarge SA.