Shareholders as of 30 November 2017

Flagging announcements

Major shareholders from beneficial ownership

As of 30 September 2017

Shareholder % of total No. of shares
Government of Norway 54.1% 810 264 928
Folketrygdfondet 4.9% 73 338 496
Deutsche Asset Management Investment GmbH 1.8% 27 251 690
Templeton Investment Counsel 1.7% 25 823 270
BlackRock Institutional Trust Company 1.6% 23 966 260
DNB Asset Management AS 1.2% 18 364 601
Lazard Asset Management 1.1% 16 616 855
The Vanguard Group 1.1% 16 505 678
Alecta pensionsförsäkring 1,1% 16 131 857
Storebrand Kapitalforvaltning AS 0.9% 12 913 521
KLP Forsikring 0.9% 12 787 641
Thornburg Investment Management 0.8% 11 609 912
SAFE Investment Company Limited 0.7% 10 320 581
Danske Capital 0.6% 9 479 186
State Street Global Advisors 0.6% 8 742 953
Allianz Global Investors GmbH 0.5% 8 127 053
Capfi Delen Asset Management 0.5% 7 247 000
Legal & General Investment Management 0.5% 7 232 698
APG Asset Management 0.4% 6 469 866
Acadian Asset Management LLC 0.4% 6 398 791
Total 20 largest 75.36 % 1 129 592 837
Others 24.64 % 371 865 193
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 30 November 2017

Shareholder % of total No of shares
Government of Norway 53.97 810 264 928 NOR
Folketrygdfondet 5.03 75 476 496 NOR
CLEARSTREAM BANKING NOM 1.62 24 318 539 LUX
State Street Bank NOM 1.54 23 167 177 USA
State Street Bank NOM 1.52 22 868 477 USA
State Street Bank NOM 1.29 19 365 774 USA
ALECTA PENSIONSFORSA  Handelsbanken Custod 1.07 16 131 857 SWE
State Street Bank NOM 1.04 15 683 030 USA
JPMorgan Chase Bank NOM 1.02 15 333 753 USA
The Northern Trust NOM 0.95 14 293 769 GBR
State Street Bank NOM 0.81 12 122 260 USA
The Bank of New York NOM 0.65 9 791 616 NLD
JPMorgan Chase Bank,  A/C VANGUARD BBH LEN NOM 0.59 8 804 671 USA
JPMorgan Chase Bank NOM 0.58 8 709 344 GBR
State Street Bank NOM 0.50 7 497 080 USA
KLP AKSJENORGE 0.48 7 133 571 NOR
TELENOR ASA  “TILBAKEKJØP AV EGNE 0.46 6 916 837 NOR
VERDIPAPIRFONDET DNB 0.44 6 582 692 NOR
State Street Bank NOM 0.42 6 269 507 USA
UBS Switzerland NOM 0.42 6 257 486 CHE
Total 20 largest 74.40 1 116 988 864
Others 25.04 384 469 166
Total shares 100 1 501 458 030