Ownership Structure

Largest shareholders and overall shareholdings

Major Shareholders from Beneficial Ownership

Updated per March 24, 2021 (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 64 129 999 16.6
2 University of Texas Investment Mangement Co. 57 307 229 14.8
3 DNB Asset Management AS 35 441 391 9.1
4 M&G Investment Management Ltd.  27 303 975 7.0
5 Caius Capital LLP 16 736 301 4.3
6 Dimensional Fund Advisors LP 13 451 137 3.5
7 The Boing Company Employee Retirement Plans Master Trust 13 015 165 3.4
8 Third Avenue Management LLC 4 678 002 1.2
9 Credit Andorra  4 616 595 1.2
10 Legal & General Investment Mangement Ltd. 4 443 000 1.2
11 Andbank Wealth Management  4 301 590 1.1
12 Charles Schwab Investment Management Ltd. 4 159 786 1.0
13 Mats Geo AB 4 000 000 1.0
14 National Finance Services LLC   3 541 809 0.9
15  Storebrand Kapitalforvaltning AS 3 192 209 0.8
16 Equinor Asset Management ASA 3 000 000 0.8
17 SPB AS 2 379 943 0.6
18 Deutsche Bank AG 2 084 246 0.5
19 Barclays Capital Inc. 1 784 433 0.5
20 Nordnet Livsforsikring AS 1 692 028 0.4
20 largest shareholders 273 688 721 70.2
     

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 April 27, 2021

  Shareholder Shares % ownership Country Division
1 Goldman Sachs International 41 578 635 10.54 GBR Nominee
2 Bank of New York Mellon 40 528 868    10.28 USA Nominee
3 Verdipapirfondet DNB Global  24 633 092   6.36 NOR Ordinary
4 HSBC Bank   17 422 159 4.42 LUX Nominee
5 JPMorgan Chase 13 642 202 3.46 GBR Nominee
6 JPMorgan Securities  11 968 734 3.03 USA Nominee
7 Verdipapirfondet DNB SMB   6 877 034   1.74 NOR Ordinary
8 Nordea Bank   6 594 484   1.67 DNK Nominee
9 Goldman Sachs   6 302 590   1.60 USA Nominee
10 State Street Bank   6 215 265   1.58 USA Nominee
11 Citibank   5 888 542   1.49 IRL Nominee
12 Nordea Bank    5 140 473   1.13 SWE Nominee
13 Bank of New York Mellon 4 606 595 1.08 AND Nominee
14 Nordnet Bank 4 486 629 1.14 SWE Nominee
15 Bank of New York Mellon  4 606 595 1.08 USA Nominee
16 Strate Street Bank   4 202 797 1.07 USA Nominee
17 Morgan Stanley  4 067 724 1.03 USA Ordinary
18 The Northern Trust    3 860 000 1.00 GBR Nominee
19 Citibank 3 547 370  0.90 IRL Nominee
20 Interactive Brokers    3 437 696   0.87 USA Nominee
20 largest shareholders 219 241 724 53.25        
Total shares   394 222 119 100    

PGS Shareholdings by Nationality   

Updated April 27, 2021

Country Holders Shares %
Norway  9 639 143 921 882
 36.50
USA      91    90 502 232 22.96
UK     126    65 991 010 16.74
Other Countries    585 93 807 005

23.80
Total

 10 441

 394 222 119 100.00

See also: Oslo Stock Exchange: Flagging Announcements for PGS