5.8 Share capital and shareholder information
The share capital in Jotun A/S as of 31 December 2019 consists of the following share classes:
(NOK THOUSAND) Quantity Face value Share capital
A-shares 114 000 300 34 200
B-shares 228 000 300 68 400
Total 342 000 300 102 600
At the general meeting, each A-share has ten votes and each B-share has one vote. There are no
changes from last year.
Ownership structure
The number of shareholders as of 31 December 2019 was 863. The largest shareholders were:
Shareholders A-shares B-shares Total Ownership
Voting
interest
Lilleborg AS 42 203 103 446 145 649 42.6 % 38.4 %
Odd Gleditsch AS 11 496 37 141 48 637 14.2 % 11.1 %
Mattisberget AS 29 518 582 30 100 8.8 % 21.6 %
Leo Invest AS 3 008 7 522 10 530 3.1 % 2.7 %
Abrafam Holding AS 3 387 3 665 7 052 2.1 % 2.7 %
BOG Invest AS 6 850 6 850 2.0 % 0.5 %
ACG AS 5 553 5 553 1.6 % 0.4 %
Elanel AS 3 027 2 353 5 380 1.6 % 2.4 %
HEJO Holding AS 5 255 5 255 1.5 % 0.4 %
Bjørn Ekdahl 1 874 3 281 5 155 1.5 % 1.6 %
Live Invest AS 4 080 571 4 651 1.4 % 3.0 %
Kofreni AS 131 4 114 4 245 1.2 % 0.4 %
Bjørn Ole Gleditsch 26 3 679 3 705 1.1 % 0.3 %
Pina AS 3 443 3 443 1.0 % 0.3 %
Conrad Wilhelm Eger 1 172 2 155 3 327 1.0 % 1.0 %
Jill Beate Gleditsch 3 171 3 171 0.9 % 0.2 %
Fredrikke Eger 1 003 2 084 3 087 0.9 % 0.9 %
Anne Cecilie Gleditsch 5 3 061 3 066 0.9 % 0.2 %
Vida Holding AS 142 2 588 2 730 0.8 % 0.3 %
Nils Petter Johannes Ekdahl 1 872 545 2 417 0.7 % 1.4 %
Total 20 largest 102 944 201 059 304 003 88.9 % 89.9 %
Total others 11 056 26 941 37 997 11.1 % 10.1 %
Total number of shares 114 000 228 000 342 000 100.0 % 100.0 %
Back to Notes for the Group
Shares owned by members of the Board of Directors, Corporate Assembly and Group Management
and / or related parties
Name Office A-shares B-shares Total
Odd Gleditsch d.y. Chairman of the Board 27 7 036 7 063
Einar Abrahamsen Member of the Board 3 387 3 674 7 061
Nicolai A. Eger Member of the Board 1 112 5 200 6 312
Richard Arnesen Member of the Board 1 855 2 124 3 979
Birger Amundsen Member of the Board 2 2
Terje Andersen Member of the Board 2 2
Anders A. Jahre Chairman of the Corporate Assembly 4 4
Bjørn Ole Gleditsch Member of the Corporate Assembly 26 10 529 10 555
Anne Cecilie Gleditsch Member of the Corporate Assembly 5 8 615 8 620
Richard Arnesen d.y. Member of the Corporate Assembly 7 522 529
Kornelia Eger Foyn-Bruun Member of the Corporate Assembly 100 274 374
Terje V. Arnesen Member of the Corporate Assembly 1 1
Jens Bjørn Staff Member of the Corporate Assembly 1 1
Truls Hvitstein Member of the Corporate Assembly 1 1
Morten Fon President & CEO 9 21 30
Bård Tonning GEVP Decorative Paints 5 5
Vidar Nysæther GEVP & CFO 20 20
There are no options for share acquisitions.
Dividend paid and proposed
Declared and paid during the year 2019 2018
Total dividend on ordinary shares 427 500 427 500
Dividend per share 1 250 1 250
Proposed for approval at the Annual General Meeting 2019 2018
Total dividend on ordinary shares 547 200 427 500
Dividend per share 1 600 1 250
Dividend are deducted from equity and recognised as a liability after approval by the Annual General
Meeting.
JOTUN GROUP
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