Ownership Structure

Largest shareholders and overall shareholdings

Major Shareholders from Beneficial Ownership

Updated per June 9, 2017

  Shareholder Shares % ownership
1 Ferd AS 35 823 200 10.6
2 DNB Asset Management AS 25 798 876 7.6
3 Edinburgh Partners Limited  16 915 397 5.0
4 M&G Investment Management Ltd. 16 832 303 5.0
5 Folketrygdfondet 16 733 735 4.9
6 Lancaster Investment Mangement LLP 16 334 179 4.8
7 Allianz Global Investors GmbH. 10 746 152 3.2
8 Hermes Investment Mangement Ltd. 9 731 932 2.9
9 Sheffield Asset Mangement LLC 7 914 575 2.3
10 KLP Forsikring 7 379 846 2.2
11 Henderson Global Investors Ltd. 6 064 862 1.8
12 Dimensional Fund Advisors LP 5 876 037 1.7
13 Danske Capital (Norway) 5 574 000 1.6
14 First Fondene NCP 5 508 485 1.6
15 Nordea Funds Oy 5 203 634 1.5
16 Schroder Investment Management Ltd. 4 393 227 1.3
17 Storebrand Kapitalforvaltning AS 4 315 233 1.3
18 Legal & General Investment Management Ltd. 3 690 104 1.1
19 Eika Kapitalforvaltning AS 2 555 790 0.8
20 Carnegie Kapitalforvaltning AS 2 545 061 0.8
20 largest shareholders 209 936 628 62.1

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 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 Nasdaq Advisory Services can guarantee the accuracy of the analysis, which is updated each quarter.

Major Shareholders from Shareholder Register

Updated August 21, 2017

  Shareholder Shares % ownership Country Division
1 Ferd 35 823 200 10.58 NOR Ordinary
2 Verdipapirfondet DNB 13 982 640     4.13 NOR Ordinary
3 State Street Bank 13 912 921   4.11 USA Nominee
4 Folketrygdfondet   12 803 735 3.78 NOR Ordinary
5 Allianz Global Investors   11 429 375   3.38 DEU Ordinary
6 Deutsche Bank   7 905 385   2.33 GBR Nominee
7 The Northern Trust 7 351 414   2.05 GBR Nominee
8 Nordea Bank AB   6 757 193   2.00 DNK Nominee
9 Six SIS   6 725 008   1.99 CHE Nominee
10 Verdipapirfondet DNB   6 564 050   1.94 NOR Ordinary
11 The Northern Trust   5 741 959   1.70 GBR Nominee
12 State Street Bank   5 515 891   1.63 USA Nominee
13 First Generator   5 321 637   1.57 NOR Ordinary
14 State Street Bank   5 515 891 1.63 USA Nominee
15 Clearstream Banking   4 220 148   1.25 LUX Nominee
16 Citibank   4 149 483   1.23 GBR Nominee
17 Verdipapirfondet DNB   4 056 635   1.20 NOR Ordinary
18 KLP Aksje Norge   4 026 249   1.19 NOR Ordinary
19 Nordea Bank   3 722 843 1.10 SWE Nominee
20 SEB   3 565 000   1.05 FIN Nominee
20 largest shareholders 168 650 081 49.83        
Total shares   338 579 996 100    

PGS Shareholdings by Nationality   

Updated August 21, 2017

Country Holders Shares %
Norway 6 214   157 242 649 46.44
United Kingdom     203    58 864 263 17.39
USA    155     34 770 380  10.27
Other Countries    413 87 702 704

25.90
Total 6 985 338 579 996 100.00

See also: Oslo Stock Exchange: Flagging Announcements for PGS