Share information

Share price

Largest shareholders as at 6 September 2023

Investor Shares % of total Type
Odfjell Technology Holding Ltd 23,825,396 60.37% ORD
BNP Paribas 1,086,374 2.75% NOM
SPACE AS 1,025,262 2.60% ORD
Citibank, N.A 616,595 1.56% NOM
Avanza Bank AB 584,918 1.48% NOM
KONTRARI AS 500,000 1.27% ORD
DNB Bank ASA 405,796 1.03% NOM
NORDNET LIVSFORSIKRING AS 377,349 0.96% ORD
Goldman Sachs International 374,603 0.95% NOM
Nordnet Bank AB 342,742 0.87% NOM
Goldman Sachs & Co. LLC 304,023 0.77% NOM
Toluma Norden AS 303,244 0.77% ORD
Pershing LLC 289,423 0.73% NOM
VERDIPAPIRFONDET DNB SMB 270,964 0.69% ORD
SONGA CAPITAL AS 257,644 0.65% ORD
State Street Bank and Trust Comp 254,494 0.64% NOM
AS Clipper 249,758 0.63% ORD
The Bank of New York Mellon 234,033 0.59% NOM
Citigroup Global Markets Ltd 220,340 0.56% ORD
KARSTEN ELLINGSEN AS 215,000 0.54% ORD
Total number owned by top 20 31,737,958 80.42%
Total number of shares 39,463,867

Last updated 06.09.2023

Primary insiders

Odfjell Technology Ltd is listed on the Oslo Stock Exchange, and have an obligation to keep an updated lists of primary insiders. A link for the primary insiders will be available shortly after Odfjell Technology is listed for trading on the main list of the Oslo Stock Exchange.

General Meeting

The general meeting has the highest authority in Odfjell Technology and shall be an effective forum for the shareholders and directors.

All registered shareholders have the right to participate in the Annual General Meeting. The notice for Annual General Meetings is sent to the shareholders and made available on the company’s website no later than 21 days before the general meeting.

Shareholders registered in VPS (the Norwegian Registry of Securities) can vote in person or by proxy. Shareholders, who are not able to attend the Annual General Meeting in person, may execute a proxy in the name of another person attending the meeting.

Dividends

The Company aims to ensure that shareholder returns reflect the Company’s value creation and will consist of both dividends and a positive share price development. The Company will target a long-term dividend annual pay-out representing approximately 30 – 50% of its net profit on a consolidated basis. The Company has a high focus on value creation and will have a dividend policy that will preserve the interest of the Company and its shareholders.

When deciding whether to declare and pay an annual dividend, the Board of Directors will take into consideration market outlook, potential growth opportunities, contract backlog, cash flow generation, capital expenditure plans and funding requirements whilst maintaining adequate financial flexibility. The Board of Directors may revisit the dividend policy from time to time

Date Ticker Currency Dividend
13.11.2023 OTL NOK 0.63
04.09.2023 OTL NOK 0.63
23.05.2023 OTL NOK 1.27

Registrar & auditor

Registrar

DNB Bank ASA, Global Companies Registrars Section
P.O. Box 1600 Sentrum
0021 Oslo, Norway

Contact details:
Jenny Nygård Sørlie, Officer in charge
Tel: +47  23 26 80 16
email: jenny.nygard.sorlie@dnb.no

Auditor

The Company’s auditor is KPMG AS, with business registration number 935 174 627 in the Norwegian Register of Business Enterprises.

KPMG AS
Sørkedalsveien 6, 0369 Oslo,
Norway.
home.kpmg/no/