Ownership Structure

Largest shareholders and overall shareholdings

wave imagewave image

Major Shareholders from Beneficial Ownership

Updated per September 15, 2022 (this is updated each quarter, see below for a more recent overview from the Norwegian VPS shareholder register)

  Shareholder Shares % ownership
1 Coltrane Asset Management LP 106 129 956 15.3
2 M&G Investment Management Limited 44 283 245 6.5
3 Interactive Brokers  39 034 321 5.7
4 DNB Asset Management AS 33 710 473 5
5 MH Capital AS 31 939 511 4.7
6 Vicama AS 15 800 000 2.3
7 Dimensional Fund Advisors LP 15 489 220 2.3
8 UBS AG 11 645 414 1.7
9 First Fondene AS 8 219 069 1.2
10 Nordnet Livsforsikring AS 7 984 893 1.2
11 Mats Geo AB  7 250 000 1.1
12 Morgan Stanley & Co Int. PLC 7 161 690 1.1
13 BA5 Invest AS 6 756 650 1
14 Nordnet Bank AB   5 454 759 0.8
15 Credit Andorra   5 242 759 0.8
16 Charles Schwab Investment Management Inc.   4 857 935 0.7
17 Palomino Ltd. 4 791 543 0.7
18 Andbank Wealth Mangement SGIIC SAU 4 505 218 0.7
19 American Century Investment Mangement Inc.  4 392 137 0.6
20 Legal & General Investment Management Limited  4 350 000 0.6
20 largest shareholders 398 998 477 54.0
     

The data in the table above is provided by Q4 Inc. 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 in relation to the PGS share register provided by the Norwegian Central Securities Depository (VPS). Every reasonable effort has been made to verify the data, however neither PGS nor Q4 Inc. can guarantee the accuracy of the analysis, which is updated each quarter.

Major Shareholders from Shareholder Register

Updated December 20, 2022

  Shareholder Shares % ownership Country Division
1 Goldman Sachs International 75 579 632 8.31 GBR Nominee
2 Goldman Sachs & Co LLC  68 953 542 7.58 USA Nominee
3 Interactive Brokers LLC 40 304 843 4.43 USA Nominee
4 Verdipapirfondet DNB Global 37 636 692 4.14 NOR Ordinary
5 MH Capital AS 25 871 562 2.84 NOR Ordinary
6 Bank of New York Mellon 24 224 007 2.66 GBR Nominee
8 HSBC Bank 23 521 386 2.58 LUX Nominee
8 State Street Bank    14 427 407 1.59 USA Nominee
9 Vicama Capital AS  12 845 121 1.41 NOR Ordinary 
10 Bank of New York Mellon    12 158 778 1.34 GBR Nominee
11 Morgan Stanley   11 506 368 1.27 USA Nominee 
12 BNP Paribas  11 195 834 1.23 USA Nominee
13 Nordnet Livsforsikring AS 10 536 875 1.16 NOR Ordinary
14 BA5 Invest AS     10 021 707 1.10 NOR Ordinary
15 Vicama AS 10 000 000 1.10 NOR  Ordinary
16 Caceis Bank  9 500 000 1.04 GBR Nominee
17 Langebru AS 8 500 000 0.93 NOR Ordinary
18 Verdipapirfondet DNB SMB    8 405 065 0.92 NOR Ordinary
19 Verdipapirfondet DNB Norske Aksjer   8 336 844 0.92 NOR Ordinary
20 Nordea Bank  7 498 418 0.82 SWE Nominee
20 largest shareholders 431 024 081 47.38        
Total shares 909 549 714 100    

PGS Shareholdings by Nationality

Updated December 20, 2022

Country Holders Shares %
Norway   13 347 447 689 501 49.22
USA         87 184 478 547 20.28
UK       130 149 516 762 16.44
Other Countries       638 127 864 904 14.05
Total 14 202  909 549 714 100


See also:
Oslo Stock Exchange: Flagging Announcements for PGS

Contact Investor Relations

You are welcome to send us an email or call Bård Stenberg VP IR & Corporate Communications: +47 992 45 235