At year-end 2017, Gjensidige had approximately 33,000 shareholders. The 20 biggest owners represented a total of 85.1 per cent of the shares in the Company.
The Gjensidige Foundation has laid down in its statutes that its ownership interest in Gjensidige shall amount to at least 60 per cent, which shall contribute to predictability and stable ownership.
The Foundation is willing to consider a reduced ownership fraction in the event of any acquisitions or capital increases that are in accordance with Gjensidige’s overall strategy.
The Foundation manages ownership of Gjensidige on behalf of Gjensidige’s general insurance customers in Norway. It has an ownership policy that focuses on high value creation over time, and expects a competitive dividend.
20 largest shareholders 31. desember 2017*
|2 Deutsche Bank || 3.9|
|3 Caisse de Depot et Placement du Quebec|| 3.7|
|5 Danske Bank|| 2.7|
|6 Black Rock Inc|| 2.1|
|7 State Street Corporation||0.8|
|8 The Vanguard Group, Inc|| 0.8|
|9 DnB ASA|| 0.8|
|11 Safe investment Company || 0.5|
|12 KLP|| 0.5|
|14 Thornburg Investment Mgt.|| 0.5|
|15 JPMorgan Chase & Co William Blair & Company|| 0.4|
|16 Northern Trust Corporation|| 0.4|
|17 1832 Asset Mgt|| 0.3|
|18 Fidelity Worldwide Investment (FIL)|| 0.3|
|19 Legal & General Group|| 0.3|
|20 Societe Generale|| .,3|
The list of shareholders is based on an analysis of the register of shareholders in the Norwegian Central Securities Depository (VPS) as at 31 December 2016, carried out by Orient Capital Ltd. The analysis maps the owners behind the nominee accounts. There is no guarantee that the list is correct.