Major Shareholdings

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Major shareholders from beneficial ownership

As of 30 September 2019

Shareholder % of total No. of shares
Government of Norway 54,0% 778 425 458
Folketrygdfondet 5,0% 71 744 023
BlackRock Institutional Trust Company, N.A. 1,6% 23 055 582
The Vanguard Group, Inc. 1,6% 22 621 936
DWS Investment GmbH 1,4% 20 712 061
JPMorgan Asset Management U.K. Limited 1,1% 15 861 745
Storebrand Kapitalforvaltning AS 1,0% 14 306 714
Lazard Asset Management, L.L.C. 0,9% 13 665 960
KLP Forsikring 0,9% 12 519 713
Acadian Asset Management LLC 0,8% 11 542 521
Aberdeen Standard Investments (Edinburgh) 0,7% 10 617 332
DNB Asset Management AS 0,7% 10 262 661
SAFE Investment Company Limited 0,7% 10 209 373
State Street Global Advisors (US) 0,6% 8 797 423
Danske Capital (Norway) 0,6% 8 618 630
APG Asset Management N.V. 0,6% 8 507 332
Pyrford International Limited 0,5% 7 210 045
BlackRock Advisors (UK) Limited 0,4% 5 919 207
Fidelity International 0,4% 5 658 913
Legal & General Investment Management Ltd. 0,4% 5 531 587
Total 20 largest 73,9 % 1 065 788 216
Others 26,1 % 376 669 816
Total shares 100 % 1 442 458 032

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 30 October 2019

Shareholder % of total No of shares
Government of Norway 53,96521 778 425 458 NOR
Folketrygdfondet 4,9981 72 095 440 NOR
State Street Bank NOM 1,39305 20 094 117 USA
TELENOR ASA 1,37231 19 794 961 NOR
State Street NOM 1,26542 18 253 145 USA
CLEARSTREAM BANKING NOM 1,26454 18 240 515 LUX
State Street NOM 1,02149 14 734 583 USA
JPMorgan Chase Bank NOM 1,00873 14 550 442 USA
JPMorgan Chase Bank NOM 0,94967 13 698 623 GBR
State Street NOM 0,77315 11 152 319 USA
State Street NOM 0,77252 11 143 273 USA
The Northern Trust NOM 0,57482 8 291 590 GBR
The Bank of New York NOM 0,53353 7 695 917 BEL
J.P. Morgan Bank Luxembourg NOM 0,50127 7 230 598 GBR
KLP AKSJENORGE INDEKS 0,47396 6 836 611 NOR
VERDIPAPIRFONDET DNB NORGE 0,47176 6 804 978 NOR
STOREBRAND NORGE I VERDIPAPIRFOND 0,41352 5 964 808 GBR
JPMorgan Chase Bank NOM 0,38738 5 587 860 GBR
JP MORGAN SECURITIES 0,38448 5 545 900 BEL
JPMorgan Chase Bank NOM 0,36406 5 251 382 GBR
Total 20 largest 72,89 1 051 392 520
Others 27,11 391 065 512
Total shares 100 1 442 458 032