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| Holder | Type | Held (Actual) | % of Outstanding | Market Value | Date Reported |
|---|---|---|---|---|---|
| Atoli AS | Institution | 19,399,530 | 8.45% | US$ 3.93M | 2025-09-30 |
| Bernhard Brekke AS | Institution | 17,553,012 | 7.65% | US$ 3.56M | 2025-09-30 |
| Ethiopian Investment Holdings | Institution | 15,000,000 | 6.54% | US$ 3.04M | 2025-09-30 |
| Esmar AS | Institution | 14,587,128 | 6.36% | US$ 2.96M | 2025-09-30 |
| Gh Holding AS | Institution | 14,555,908 | 6.34% | US$ 2.95M | 2025-09-30 |
| Nautilus Invest As | Institution | 12,392,591 | 5.40% | US$ 2.51M | 2025-09-30 |
| Gåsø Næringsutvikling AS | Institution | 10,826,786 | 4.72% | US$ 2.20M | 2025-09-30 |
| Pir Invest Holding As | Institution | 9,736,669 | 4.24% | US$ 1.97M | 2025-09-30 |
| B Finans AS | Institution | 8,661,543 | 3.77% | US$ 1.76M | 2025-09-30 |
| Hila Nr. 1 AS | Institution | 4,791,884 | 2.09% | US$ 971.79k | 2025-09-30 |
| Lindvard Invest As | Institution | 3,666,666 | 1.60% | US$ 743.60k | 2025-09-30 |
| ChemCon AS | Institution | 3,338,354 | 1.45% | US$ 677.02k | 2025-09-30 |
| Kanoka Invest As | Institution | 3,250,543 | 1.42% | US$ 659.21k | 2025-09-30 |
| Eidco AS | Institution | 2,861,685 | 1.25% | US$ 580.35k | 2025-09-30 |
| Avanza Fonder AB | Institution | 2,609,775 | 1.14% | US$ 529.26k | 2025-09-30 |
| JK Vision AS | Institution | 2,586,510 | 1.13% | US$ 524.54k | 2025-09-30 |
| Turtle Invest AS | Institution | 2,287,476 | 1.00% | US$ 463.90k | 2025-09-30 |
| Mr. Jorn Christiansen | Insider | 2,137,662 | 0.93% | US$ 433.52k | 2025-09-30 |
| Torsen Tankers & Towers AS | Institution | 2,093,725 | 0.91% | US$ 424.61k | 2025-09-30 |
| Kingfisher As | Institution | 1,955,808 | 0.85% | US$ 396.64k | 2025-09-30 |
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