Ownership Structure

Largest shareholders and overall shareholdings

Major Shareholders from Beneficial Ownership

Updated per September 2, 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 60 702 405 15.2
2 M&G Investment Management Ltd.  27 874 671 7.0
3 DNB Asset Management AS 26 061 452 6.5
4 Dimensional Fund Advisors LP 15 045 013 3.8
5 The Boing Company Employee Retirement Plans Master Trust 12 885 165 3.2
6 Third Avenue Management LLC 10 593 007 2.7
7 Barclays Capital Inc. 8 580 575 2.1
8 Susquehanna International Group Ltd. 5 528 848 1.4
9 Monaco Asset Mangement  SAM  5 492 615 1.4
10 Mats Geo AB 5 050 000 1.2
11 Credit Andorra  4 616 595 1.1
12 Andbank Wealth Management  4 311 590

1.1
13 Legal & General Investment Management Limited    4 213 000 1.0
14 Charles Schwab Investment Management Inc.  4 004 826 1.0
15 National Financial Services LLC 3 547 370 0.9
16 SPB AS 2 740 153 0.7
17 Avanza Bank AB 2 615 686 0.7
18 Storebarnd Kapitalforvaltning AS 2 191 050 0.5
19 Nordnet Livsforsikring AS 2 086 448 0.5
20 Saxo Capital Markets UK Ltd.  2 076 548 0.5
20 largest shareholders 210 288 299 52.5
     

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 29, 2021

  Shareholder Shares % ownership Country Division
1 Goldman Sachs International 53 945 732 13.46 GBR Nominee
2 Interactive Brokers 28 235 938 7.05 USA Nominee
3 Verdipapirfondet DNB Global  23 645 850    5.90 NOR Ordinary
4 HSBC Bank 19 969 317   4.98 LUX Nominee
5 JP Morgan Chase Bank    13 185 388 3.29 GBR Nominee
6 JP Morgan Securities 10 971 067 2.74 USA Nominee
7 State Street Bank 10 379 155 2.59 USA Nominee
8 Bank of New York Mellon   9 466 144   2.36 GBR Nominee
9 Morgan Stanley    7 490 277   1.87 GBR Nominee
10 Nordea Bank   7 054 506   1.76 DNK Nominee
11 Goldman Sachs       6 381 121   1.59 USA Nominee
12 State Street Bank    6 253 081   1.56 USA Nominee
13 Verdipapirfondet DNB SMB   5 700 094   1.42 NOR Ordinary
14 Nordea Bank  5 098 711 1.27 SWE Nominee
15 Bank of New York Mellon  4 616 595 1.15 AND Nominee
16 Nordnet Bank  4 323 818 1.08 SWE Nominee
17 The Northern Trust    3 670 000 0.92 GBR Nominee
18 Danske Bank  3 662 041 0.91 DNK Nominee
19 Citibank    3 546 948 0.89 IRL Nominee
20 Citibank  3 439 400  0.86 IRL Nominee
20 largest shareholders 231 035 183 57.66        
Total shares   400 667 697 100    

PGS Shareholdings by Nationality   

Updated December 29, 2021

Country Holders Shares %
Norway  8 228 129 938 518
 32.43
UK     127    98 644 330 24.62
USA       80    72 849 409 18.18
Other Countries     552 99 235 440

24.77
Total

 8 436 

 400 667 697 100.00

See also: Oslo Stock Exchange: Flagging Announcements for PGS