Shareholders as of 30 November 2019

Flagging announcements

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 November 2019

Shareholder % of total No of shares
Government of Norway 54,0 778 425 458 NOR
Folketrygdfondet 5,1 73 022 492 GBR
State Street Bank NOM 2,2 31 750 096 USA
State Street Bank NOM 1,4 20 318 917 USA
TELENOR ASA 1,4 19 794 961 NOR
CLEARSTREAM BANKING NOM 1,3 18 859 978 LUX
JPMorgan Chase Bank NOM 1,0 13 853 267 USA
JPMorgan Chase Bank NOM 0,9 13 674 667 GBR
State Street Bank NOM 0,9 12 463 023 USA
State Street Bank NOM 0,8 11 134 459 USA
State Street Bank NOM 0,7 10 081 929 USA
The Northern Trust Comp NOM 0,6 8 120 671 GBR
J.P. Morgan Bank Luxembourg S.A. NOM 0,5 7 158 576 GBR
KLP AKSJENORGE 0,5 6 956 037 NOR
VERDIPAPIRFONDET DNB NORGE 0,5 6 804 978 NOR
State Street Bank NOM 0,5 6 593 609 USA
Storebrand Norge 0,4 6 004 808 GBR
JPMorgan Chase Bank NOM 0,4 5 928 470 GBR
Euroclear Bank NOM 0,4 5 887 994 BEL
The Bank of New York Mellon S NOM 0,4 5 427 398 BEL
Total 20 largest 73,64 1 062 261 788
Others 26,36 380 196 244
Total shares 100 1 442 458 032