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Major Shareholders

On behalf of Subsea7, Nasdaq Advisory Services conducts a monthly review of shareholders registered at nominee accounts.

On 2 October 2023, Subsea 7 S.A. held 3,839,804 treasury shares representing approximately 1.26% of the total number of issued shares. Major shareholdings are based upon A) 304,294,272 total shares and B) 300,454,468 shares outstanding. 

The 20 largest shareholders on 31 December 2023 were:

Rank Name A B
1 Siem Industries S.A. 23.3% 23.6%
2 Folketrygdfondet 8.1% 8.2%
3 Elliott Management  4.5% 4.6%
4 BlackRock Institutional Trust . 3.7% 3.8%
5 Storebrand Kapitalforvaltning  2.5% 2.6%
6 DNB Asset Management AS 2.5% 2.5%
7 The Vanguard Group, Inc. 2.2% 2.3%
8 KLP Fondsforvaltning AS 2.1% 2.1%
9 Pareto Asset Management AS 2.1% 2.1%
10 SAFE Investment Company  1.9% 1.9%
11 Alfred Berg Kapitalforvaltning  1.7% 1.7%
12 ODIN Forvaltning AS 1.6% 1.7%
13 Robotti & Company Advisors 1.2% 1.2%
14 Artisan Partners Limited  1.2% 1.2%
15 Lupus alpha Asset Management AG 1.1% 1.1%
16 Key Group Holdings . 1.1% 1.1%
17 Capital Research Global  1.0% 1.0%
18 Amundi Asset Management,  0.9% 0.9%
19 Metzler Asset Management  0.9% 0.9%
20 MP Pensjon 0.8% 0.8%

This data is provided by Nasdaq Advisory Services 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 on the Subsea 7 S.A. VPS share register. Every reasonable effort has been made to verify the data, however neither Subsea7 nor Nasdaq Advisory Services can guarantee the accuracy of the analysis.

Changes to Major Shareholders can be found here. Changes to the holdings of Siem Industries S.A can be found here