Ownership Structure

Largest shareholders and overall shareholdings

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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 November 28, 2022

  Shareholder Shares % ownership Country Division
1 Goldman Sachs & Co LLC   100 991 412 11.10 USA Nominee
2 Goldman Sachs International  65 625 270 7.21 GBR Nominee
3 Interactive Brokers LLC 39 665 852 4.36 USA Nominee
4 Verdipapirfondet DNB Global 37 587 030 4.13 NOR Ordinary
5 MH Capital AS 25 671 562 2.82 NOR Ordinary
6 Bank of New York Mellon 17 520 413 1.93 GBR Nominee
8 HSBC Bank 16 029 616 1.76 LUX Nominee
8 State Street Bank    13 656 262 1.50 USA Nominee
9 Vicama Capital AS  12 845 121 1.41 NOR Ordinary 
10 Morgan Stanley   12 715 042 1.40 USA Nominee
11 BA5 Invest  9 650 000 1.06 NOR Ordinary 
12 Caceis Bank     9 500 000 1.04 GBR Nominee
13 BNP Paribas  9 080 094 0.99 USA Nominee
14 Nordnet Livsforsikring AS     9 000 620 0.99 NOR Ordinary
15 Bank of New York Mellon 8 656 414 0.95 GBR Nominee
16 Langebru AS 8 500 000 0.93 NOR Ordinary
17 Verdipapirfondet DNB SMB 8 405 065 0.92 NOR Ordinary
18 Verdipapirfondet DNB Norske Aksjer    8 370 324 0.92 NOR Ordinary
19 State Street Bank  7 788 577 0.86 USA Nominee
20 JPMorgan Securities  7 605 925 0.84 GBR Ordinary
20 largest shareholders 428 864 599 47.15        
Total shares 909 549 714 100    

PGS Shareholdings by Nationality

Updated November 28, 2022

Country Holders Shares %
Norway   13 240 432 260 772 47.53
USA         90 204 998 465 22.53
UK       133 147 719 146 16.24
Other Countries       636 124 571 331 13.70
Total 14 099  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