Share price

Largest shareholders as at 6 January 2023

Investor Shares % of total Type
Odfjell Partners Holding Limited 142,952,381 60.37% ORD
J.P. Morgan Securities Plc 13,598,726 5.74% NOM
The Bank of New York Mellon SA/NV 5,655,363 2.39% NOM
Goldman Sachs International 4,650,055 1.96% NOM
State Street Bank and Trust Comp 3,501,856 1.48% NOM
Merrill Lynch Prof. Clearing Corp. 3,191,246 1.35% NOM
The Bank of New York Mellon SA/NV 2,709,205 1.14% NOM
Citibank 1,924,128 0.81% NOM
Brown Brothers Harriman & Co. 1,596,418 0.67% NOM
Brown Brothers Harriman & Co. 1,576,290 0.67% NOM
BNP Paribas 1,429,238 0.60% NOM
State Street Bank and Trust Comp 1,307,483 0.55% NOM
J.P. MORGAN SECURITIES PLC 1,223,607 0.52% ORD
Nordea Bank Abp 1,200,000 0.51% NOM
The Bank of New York Mellon SA/NV 1,150,793 0.49% NOM
The Bank of New York Mellon SA/NV 1,062,822 0.45% NOM
State Street Bank and Trust Comp 1,007,930 0.43% NOM
ULSMO FINANS AS 950,000 0.40% ORD
CACEIS Bank 849,437 0.36% NOM
The Bank of New York Mellon SA/NV 841,837 0.36% NOM
Total number owned by top 20 192,378,815 81.25%
Total number of shares 236,783,202

Last updated 06.01.2023

Primary insiders

Odfjell Drilling Ltd is listed on the Oslo Stock Exchange, and have an obligation to keep an updated lists of primary insiders. Please follow the link to see who are defined as primary insiders of Odfjell Drilling.

General Meeting

The general meeting has the highest authority in Odfjell Drilling 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 – 40% 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
18.03.2014 ODL USD 0.30

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/