Major Shareholdings

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Major shareholders from beneficial ownership

As of 30 June 2017

Shareholder % of total No. of shares
Government of Norway 54.0% 810 264 928
Folketrygdfondet 5.0% 75 620 831
Templeton Investment Counsel 1.9% 28 774 651
Deutsche Asset Management Investment GmbH 1.8% 27 540 035
BlackRock Institutional Trust Company 1.8% 26 668 927
DNB Asset Management AS 1.3% 19 581 448
Alecta pensionsförsäkring 1.1% 16 631 857
The Vanguard Group 1.1% 16 119 601
Lazard Asset Management 1.0% 15 201 240
Storebrand Kapitalforvaltning AS 0.8% 12 634 234
KLP Forsikring 0.8% 12 484 965
Thornburg Investment Management 0.8% 11 603 680
SAFE Investment Company Limited 0.7% 11 088 396
Danske Capital 0.6% 9 721 186
Nordea Funds Oy 0.6% 9 372 913
State Street Global Advisors 0.6% 8 946 761
Kiltearn Partners LLP 0.6% 8 901 649
Allianz Global Investors GmbH 0.6% 8 295 465
Capfi Delen Asset Management 0.5% 7 247 000
Legal & General Investment Management 0.5% 7 191 812
Total 20 largest 76.19 % 1 143 891 579
Others 23.81 % 357 566 451
Total shares 100 % 1 501 458 030

The data is provided by Nasdaq Advisory Services and is obtained through an analysis of beneficial ownership and fund manager information provided in replies to disclosure of ownership notices issued to all custodians on the Telenor VPS share register. Every reasonable effort has been made to verify the data, however neither Telenor nor Nasdaq Advisory Services can guarantee the accuracy of the analysis.

Major shareholders from shareholder register

As of 31 October 2017

Shareholder % of total No of shares
Government of Norway 53,97 810.264.928 NOR
Folketrygdfondet 5,13 76.966.496 NOR
State Street Bank NOM 1,89 28.357.220 USA
Clearstream Banking NOM 1,63 24.425.604 LUX
State Street Bank NOM 1,51 22.681.201 USA
State Street Bank NOM 1,18 17.763.923 USA
Alecta 1,07 16.131.857 SWE
JPMorgan Chase Bank NOM 1 15.052.957 USA
The Northern Trust NOM 0,99 14.903.494 GBR
State Street Bank NOM 0,85 12.733.066 USA
J.P. MORGAN SECURITI 0,8 12.055.115 GBR
E D & F Man Capital NOM 0,74 11.100.000 GBR
The Bank of New York NOM 0,62 9.370.369 NLD
Euroclear Bank NOM 0,61 9.130.418 BEL
State Street Bank NOM 0,61 9.105.454 USA
VERDIPAPIRFONDET DNB  V/DNB ASSET MANAGEME 0,51 7.646.056 NOR
KLP AKSJENORGE 0,49 7.430.497 NOR
Danske Bank AS MEGLERKONTO INNLAND MEG 0,49 7.358.220 NOR
JPMorgan Chase Bank NOM 0,49 7.344.631 GBR
State Street Bank NOM 0,46 6.851.318 USA
Total 20 largest 75,04 1126672824
Others 25.04 374785206
Total shares 100 1501458030