Ownership Structure

Largest shareholders and overall shareholdings

Major Shareholders from Beneficial Ownership

Updated per March 16, 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 62 742 132 15.7
2 M&G Investment Management Limited 26 931 374 6.7
3 DNB Asset Management  24 940 210 6.2
4 Dimensional Fund Advisors LP 13 208 634 3.3
5 The Boing Company Employee Retirement Plans Master Trust 12 885 165 3.2
6 UBS Switzerland AG 10 558 719 2.6
7 MH Capital AS 9 500 000 2.4
8 Mats Geo AB 5 175 000 1.3
9 Credit Andorra   4 616 595 1.2
10 Nordnet Livsforsikring AS 4 488 868 1.1
11 Charles Schwab Investment Management Inc.  4 265 041 1.1
12 Legal & General Investment Management Limited    4 213 000

1.1
13 Algert Global LLC 4 162 134 1.0
14 Andbank Wealth Management   4 135 795 1.0
15 IAM National Pension Fund  3 990 794 1.0
16 SPB AS  3 146 695 0.8
17 Avanza Bank AB 3 012 518 0.8
18 City of New York Group Trust  2 394 189 0.6
19 American Century Investment Management  2 324 617 0.6
20 New York City Employees' Retirement System  1 729 603 0.4
20 largest shareholders 207 921 826 51.9
     

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 June 10, 2022

  Shareholder Shares % ownership Country Division
1 Goldman Sachs International   62 725 218 10.17 GBR Nominee
2 Goldman Sachs  55 697 811 9.03 USA Nominee
3 MH Capital AS 32 539 511    5.27 NOR Ordinary
4 Verdipapirfondet DNB Global 31 835 054   5.16 NOR Ordinary
5 Caceis Bank   20 000 000 3.24 GBR Nominee
6 Interactive Brokers   18 982 470 3.08 USA Nominee
7 HSBC Bank   14 099 412 2.29 LUX Nominee
8 DNB Markets  11 365 719 1.84 NOR Ordinary
9 UBS Switzerland   10 725 751   1.74 SUI Nominee
10 Vicama Capital AS   10 300 000   1.67 NOR Ordinary
11 State Street Bank 9 305 546   1.51 USA Nominee
12 State Street Bank          8 972 217   1.45 USA Nominee
13 Nordnet Livsforsikring    6 591 265   1.07 NOR Ordinary
14 Nordea Bank    6 591 265   1.05 SWE Nominee
15 MP Pensjon     5 500 587 0.89 NOR Ordinary
16 Nordnet Bank  5 393 158 0.87 SWE Nominee
17 The Northern Trust 5 384 453 0.87 GBR Nominee
18 Vicama AS   5 350 000 0.86 NOR Ordinary
19 Morgan Stanley 5 296 960 0.86 USA Nominee
20 IMT Holding AS    5 141 478 0.83 NOR Ordinary
20 largest shareholders 331 692 957 53.77        
Total shares   616 906 280 100    

PGS Shareholdings by Nationality   

Updated June 10, 2022

Country Holders Shares %
Norway  10 350 299 859 240
 48.61
UK       131    112 505 922 18.24
USA         80    106 435 891  17.25
Other Countries       568 98 105 227

15.90
Total

   11 129 

 616 906 280 100.00

See also: Oslo Stock Exchange: Flagging Announcements for PGS