Shareholders as of 30 September 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 September 2019

Shareholder % of total No of shares
Government of Norway 54,0 778 425 458 NOR
Folketrygdfondet 5,0 71 645 440 NOR
State Street Bank NOM 1,4 20 339 051 USA
CLEARSTREAM BANKING NOM 1,3 19 136 765 LUX
State Street Bank and Trust Comp NOM 1,3 18 309 569 USA
TELENOR ASA 1,1 15 303 850 NOR
State Street Bank NOM 1,0 14 949 148 USA
JPMorgan Chase Bank NOM 1,0 14 443 469 USA
JPMorgan Chase Bank NOM 0,9 13 664 710 GBR
State Street Bank NOM 0,8 11 191 044 USA
State Street Bank NOM 0,8 11 067 865 USA
The Northern Trust NOM 0,6 8 936 690 GBR
The Bank of New York NOM 0,6 8 570 312 BEL
SOCIETE GENERALE PARIS 0,6 8 129 033 FRA
J.P. Morgan Bank Luxembourg NOM 0,5 7 329 226 GBR
JPMorgan Chase Bank NOM 0,5 6 993 791 GBR
KLP AKSJENORGE INDEKS 0,5 6 836 611 NOR
Euroclear Bank S.A./N.V. NOM 0,5 6 693 657 BEL
VERDIPAPIRFONDET DNB NORGE (IV) 0,5 6 634 978 NOR
JPMorgan Chase Bank NOM 0,4 6 228 520 GBR
Total 20 largest 73,13 1 054 829 187
Others 26,87 387 628 845
Total shares 100 1 442 458 032