Share information

Share price

Largest shareholders as at 31 December 2023

Investor Shares % of total Type
Odfjell Technology Holding Ltd 23,825,396 60.37% ORD
SPACE AS 1,025,262 2.60% ORD
BNP Paribas 727,213 1.84% NOM
Avanza Bank AB 599,589 1.52% NOM
Citibank, N.A 587,712 1.49% NOM
State Street Bank and Trust Comp 545,897 1.38% NOM
KONTRARI AS 500,000 1.27% ORD
DNB Bank ASA 428,077 1.08% NOM
Goldman Sachs International 425,376 1.08% NOM
State Street Bank and Trust Comp 393,221 1.00% NOM
Goldman Sachs & Co. LLC 333,443 0.84% NOM
Nordnet Bank AB 324,350 0.82% NOM
NORDNET LIVSFORSIKRING AS 312,937 0.79% ORD
Toluma Norden AS 303,244 0.77% ORD
Pershing LLC 269,423 0.68% NOM
VERDIPAPIRFONDET DNB SMB 260,414 0.66% ORD
SONGA CAPITAL AS 257,644 0.65% ORD
AS Clipper 249,758 0.63% ORD
SKANDINAVISKA ENSKILDA BANKEN AB 215,957 0.55% ORD
KARSTEN ELLINGSEN AS 205,000 0.52% ORD
Total number owned by top 20 31,789,913 80.55%
Total number of shares 39,463,867

Last updated 31.12.2023

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
23.02.2024 OTL NOK 0.63
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/