Shareholders as of 28 February 2018

Flagging announcements

Major shareholders from beneficial ownership

As of 31 December 2017

Shareholder % of total  No. of shares
Government of Norway 54.3% 810 264 928
Folketrygdfondet 5.0% 74 036 496
Deutsche Asset Management Investment 1.8% 27 327 731
BlackRock Institutional Trust Company 1.6% 24 248 413
Templeton Investment Counsel 1.3% 19 964 471
The Vanguard Group 1.1% 17 056 918
Lazard Asset Management 1.1% 16 525 908
DNB Asset Management AS 1.0% 14 652 064
Alecta pensionsförsäkring 1.0% 14 631 857
Storebrand Kapitalforvaltning AS 0.8% 12 633 860
KLP Forsikring 0.8% 11 956 481
JPMorgan Asset Management U.K. 0.7% 10 687 554
SAFE Investment Company Limited 0.7% 10 099 149
Danske Capital (Norway) 0.6% 9 051 082
State Street Global Advisors (US) 0.6% 8 787 645
Allianz Global Investors 0.6% 8 566 316
APG Asset Management 0.6% 8 421 311
Acadian Asset Management 0.6% 8 246 604
Capfi Delen Asset Management 0.5% 7 251 500
INVESCO Asset Management Deutschland 0.4% 6 248 081
Total 20 largest 75.07 %       1 120 658 369,00
Others 24.93 %          380 799 661,00
Total shares 100 %       1 501 458 030,00

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 28 February 2018

Shareholder % of total No of shares
Government of Norway 53,97 810 264 928 NOR
Folketrygdfondet 4,68 70 221 047 NOR
CLEARSTREAM BANKING NOM 1,61 24 145 289 LUX
State Street Bank NOM 1,32 19 793 345 USA
State Street Bank NOM 1,21 18 138 251 USA
State Street Bank NOM 1,00 14 961 913 USA
JPMorgan Chase Bank NOM 0,99 14 852 846 USA
State Street Bank NOM 0,94 14 173 613 USA
TELENOR ASA 0,92 13 810 438 NOR
State Street Bank NOM 0,89 13 393 984 USA
ALECTA PENSIONSFORSA  Handelsbanken Custod 0,77 11 489 857 SWE
The Bank of New York NOM 0,69 10 416 354 NLD
The Northern Trust NOM 0,67 10 068 244 GBR
JPMorgan Chase Bank NOM 0,61 9 101 772 USA
VERDIPAPIRFONDET DNB 0,51 7 602 696 NOR
INVESCO FUNDS 0,48 7 153 623 LUX
JPMorgan Chase Bank NOM 0,44 6 553 661 GBR
KLP 0,43 6 518 087 NOR
State Street Bank NOM 0,43 6 512 456 USA
J.P. Morgan Bank NOM 0,41 6 183 084 LUX
Total 20 largest   72,97 0  
Others   25.04 1501458030  
Total shares   100 1501458030