B2Holding is committed to open and transparent communication with the market. Through dialogue with shareholders, investors, analysts and with the financial market in general, we aim to create and achieve long term value growth for the shareholders.
B2Holding ASA has been listed on Oslo Stock Exchange since 8 June 2016 with the ticker code B2H. The share is included in Oslo Stock Exchange Benchmark index (“OSEBX”).
2019 share data
Based on the last trade on 30 December 2019, which was at NOK 9.55, B2Holding’s market capitalization was NOK 3,917 million as of the same date. The highest closing price quoted during the year was NOK 14.84 on 15 February 2019 and the lowest closing price was NOK 5.88 on 15 October 2019. During 2019, a total of 260,901,603 B2Holding ASA shares were traded. The average daily trading volume in 2019 was 1,047,798 shares for 249 trading days.
At year-end 2019, B2Holding’s share capital amounted to NOK 40.99 million, divided among 409,932,598 shares. There is one class of shares and all shares are treated equally. The shares are freely negotiable with equal rights to vote and equal entitlement to B2Holding’s profit and dividend.
Shareholders per 31.12.2019
|Investor||% of total share|
|PRIORITET GROUP AB||12.91|
|VALSET INVEST AS||6.10|
|STENSHAGEN INVEST AS||4.61|
|VERDIPAPIRFONDET DNB NORGE||3.35|
|K11 INVESTOR AS||2.38|
|BRYN INVEST AS||2.12|
|RUNE BENTSEN AS||2.00|
|VERDIPAPIRFONDET ALFRED BERG GAMBA||1.91|
|VERDIPAPIRFONDET ALFRED BERG NORGE||1.88|
|SKANDINAVISKA ENSKILDA BANKEN AB||1.73|
|ARCTIC FUNDS PLC||1.58|
|VERDIPAPIRFONDET PARETO INVESTMENT||1.56|
|VERDIPAPIRFONDET ALFRED BERG AKTIV||1.32|
|SWEDBANK ROBUR NORDENFON||1.32|
|ARCTIC FUNDS PLC||1.17|
|TYCOON INDUSTRIER AS||1.12|
|FJELLTUNVEIEN INVEST AS||1.00|
Geographical distribution of shareholders per 31.12.2019
The number of shareholders was 4,492 per year-end 2019, a minor increase from 4,271 at year-end 2018. According to the shareholder register maintained by the Norwegian Central Securities Depository (VPS), 91.87 % of B2Holding’s shares were owned by Nordic investors. The average daily trading volume of the B2Holding ASA shares on the Oslo Stock Exchange in 2019 was 1.05 million, equivalent to 0.26 % of the total number shares.
Approximately 73 % of the share capital was owned directly or indirectly by private individuals or families and the remaining 27 % was owned by institutional investors (financial investors or funds under management).
Ownership structure per 31.12.2019
|Size class||No of shares||Capital/votes %||No of owners||Owners %|
|1 - 1,000||732,671||0.002||1,656||0.369|
|1,001 – 10,000||7,400,277||0.018||1,842||0.410|
|10,001 – 100,000||26,171,522||0.064||756||0.168|
|100,001 – 1,000,000||60,405,041||0.147||186||0.041|
|1,000,001 – 5,000,000||82,899,981||0.202||36||0.008|
|5,000,001 – 10,000,000||78,731,147||0.192||11||0.002|
|10,000,001 – 53,000,000||153,591,959||0.375||5||0.001|
The Board of Directors considers applicable legal restrictions, capital expenditures requirements, the financial conditions, general business conditions and contractual obligations when assessing the company’s ability to pay dividends. The amount of dividend approved by the Annual General Meeting, shall not exceed the amount recommended by the Board of Directors.
The dividend was NOK 0.15/share for the financial year 2016, NOK 0.30/share for the financial year 2017 and NOK 0.45/share for the financial year 2018. Due to the uncertainty associated with the Covid-19 pandemic and unknown macroeconomic consequences of the measures implemented, the Board of Directors recommends that no dividend is paid for 2019.