Major Shareholdings

Flagging announcements

Major shareholders from beneficial ownership

As of 30 June 2019

Shareholder % of total No. of shares
Government of Norway 54.6% 794 075 367
Folketrygdfondet 4.9% 71 544 023
BlackRock 1.6% 23 574 729
The Vanguard Group 1.6% 22 906 082
DWS 1.4% 20 679 038
Lazard Asset Management 1.0% 15 057 469
Storebrand Kapitalforvaltning 1.0% 14 284 719
JPMorgan Asset Management 1.0% 14 237 329
Acadian Asset Management 0.9% 13 053 443
KLP Forsikring 0.9% 12 421 290
DNB Asset Management 0.7% 10 120 289
SAFE Investment 0.7% 9 996 736
State Street 0.6% 9 371 171
APG Asset Management 0.6% 8 795 204
Danske Capital 0.6% 8 150 831
Aberdeen Standard Investments 0.5% 7 459 900
Pyrford International 0.5% 7 181 341
BlackRock Advisors 0.4% 6 062 477
Allianz 0.4% 5 995 445
Schroder Investment Management Ltd 0.4% 5 595 432
Total 20 largest 74.37 % 1 080 562 315
Others 25.63 % 361 895 717
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 June 2019

Shareholder % of total No of shares
Government of Norway 54.0 794 075 367 NOR
Folketrygdfondet 4.9 715 44 023 NOR
State Street Bank NOM 1.4 20 128 617 USA
CLEARSTREAM BANKING NOM 1.3 19 087 320 LUX
State Street Bank NOM 1.2 18 251 010 USA
TELENOR ASA 1.2 18094742 NOR
State Street Bank NOM 1.1 15 983 187 USA
JPMorgan Chase Bank NOM 1.0 14 140 514 USA
JPMorgan Chase Bank NOM 0.9 13 656 095 GBR
State Street Bank NOM 0.7 10 981 064 USA
State Street Bank NOM 0.7 10 751 572 USA
The Northern Trust Comp NOM 0.7 10 448 173 GBR
J.P. Morgan Bank Luxembourg NOM 0.6 9 122 864 GBR
The Bank of New York NOM 0.6 8 852 628 BEL
J.P. Morgan Bank Luxembourg NOM 0.6 8 285 046 GBR
Euroclear Bank NOM 0.6 8 247 792 BEL
KLP AKSJENORGE INDEKS 0.5 6 665 692 NOR
VERDIPAPIRFONDET DNB NORGE 0.4 6 403 823 NOR
The Bank of New York NOM 0.4 6 052 459 USA
State Street Bank NOM 0.4 5 990 761 USA
Total 20 largest 73.18 1 076 762 749
Others 26.82 394 695 282
Total shares 100 1 471 458 031