Shareholders as of 31 January 2020

Flagging announcements

Major shareholders from beneficial ownership

As of 31 December 2019

Shareholder % of total No. of shares
Government of Norway 54,7% 778 425 458
Folketrygdfondet 5,1% 73 022 492
BlackRock 1,8% 26 272 925
The Vanguard Group 1,6% 22 641 176
DWS 1,4% 20 553 263
Storebrand Kapitalforvaltning 1,1% 15 398 958
JPMorgan Asset Management 1,0% 14 907 888
KLP Forsikring 0,9% 13 327 753
Lazard Asset management 0,9% 12 442 367
DNB Asset Management 0,9% 12 156 460
Aberdeen Standard Investments 0,8% 10 694 608
SAFE Investment 0,7% 10 219 167
State Street 0,7% 9 256 275
Danske Capital 0,6% 8 669 330
Pyrford International 0,5% 7 760 959
BlackRock Advisors 0,5% 7 693 579
Schroder Investment Management Ltd 0,5% 7 281 418
APG Asset management 0,5% 7 046 520
Fidelity International 0,5% 7 039 719
Acadian Asset Management LLC 0,5% 6 754 609
Total 20 largest 75,32 % 1 071 564 924
Others 24,68 % 370 893 108
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 31 January 2020

Shareholder % of total No of shares
Government of Norway 54,0 778 425 458 NOR
Folketrygdfondet 5,1 73 543 208 SWE
State Street Bank NOM 2,2 32 017 543 USA
State Street Bank NOM 1,4 20 378 796 USA
TELENOR ASA 1,4 19 794 961 NOR
Clearstream banking NOM 1,3 18 559 142 LUX
JPMorgan Chase Bank NOM 1,0 14 352 344 USA
JPMorgan Chase Bank NOM 1,0 13 856 253 UK
State Street Bank NOM 0,9 12 614 212 USA
State Street Bank NOM 0,8 11 764 537 USA
State Street Bank NOM 0,7 10 290 236 USA
Euroclear Bank NOM 0,6 8 336 407 BEL
The Northern Trust NOM 0,6 8 006 817 UK
KLP 0,5 6 996 892 NOR
Verdipapirfondet DNB 0,5 6 784 863 NOR
JPMorgan Chase Bank, N.A., London NOM 0,5 6 515 342 UK
State Street Bank NOM 0,4 6 096 135 USA
Storebrand Norge 0,4 5 619 983 UK
J.P. Morgan Bank Luxembourg S.A. NOM 0,4 5 362 244 UK
The Bank of New York Mellon NOM 0,4 5 347 591 USA
Total 20 largest 73,81 1 064 662 964
Others 26,19 377 795 068
Total shares 100 1 442 458 032