Basic HTML Version
REC Annual Report 2011
33
Shareholder matters
INVESTOR RELATIONS ACTIVITIES
REC puts emphasis on transparency and equal treatment of shareholders,
and on informing all investors and analysts at the same time.
The Investor Relations section of REC’s website is an important tool, and
this section contains up-to-date information on the company’s financial
performance and share price information. In addition, users can find an
updated financial calendar, company presentations and reports, and
other important data for the financial markets.
In conjunction with the release of its interimfinancial results, REC gives a
public presentation to investors, analyst and press. The presentation is
web-casted and it is also possible to participate by telephone.
During the year, REC has participated in various renewable energy- and
PV conferences as well as holding more than 200meetings with
Norwegian and international investors. The cities covered by REC during
road shows in 2011 include: Oslo, London, NewYork, Frankfurt, Zurich,
Copenhagen and Stockholm.
At the end of the year, the number of sell-side analysts that regularly
follow REC was around 25, of which ten are based in Norway. An updated
list of analysts following the company can be found under investor
relations at www.recgroup.com
Shareholders spread as per December 31, 2011
NUMBER OF
SHARES FROM
NUMBER OF
SHARES TO
NO. OF
SHAREHOLDERS
NO. OF
SHARES
%
1
100
3 334
204 505
0.02%
101
1 000
12 084
5 656 664
0.57%
1 001
10 000
10 357
36 865 279
3.70%
10 001
100 000
2 932
91 748 483
9.20%
100 001
1 000 000
466
136 095 247
13.65%
1 000 001
-
78
726 581 940
72.87%
29 251
997 152 118
100.00%
20 largest shareholders, December 31, 2011
SHAREHOLDER
%
31.12.2011
TYPE
NAT
1
ORKLA ASA
39.74%
396 236 635
NOR
2
FOLKETRYGDFONDET
2.83%
28 175 871
NOR
3
UMOE AS
2.16%
21 532 090
NOR
4
VERDIPAPIRFONDET DNB NORDIC
1.73%
17 230 104
NOR
5
BANK OF NEWYORK MELLON SA/NV
1.72%
17 117 998
NOM
BEL
6
SKANDINAVISKE ENSKILDA BANKEN
1.46%
14 567 211
NOM
SWE
7
HOLBERG NORGE
1.37%
13 689 086
GBR
8
SKANDINAVISKA ENSKILDA BANKEN
1.33%
13 290 406
NOM
SWE
9
CLEARSTREAM BANKING S.A.
0.99%
9 837 212
NOM
LUX
10
HOLBERG NORDEN
0.98%
9 747 095
NOR
11
VERDIPAPIRFONDET DNB NORGE (IV)
0.85%
8 483 367
NOR
12
DNB NOR MARKETS, AKSJEH/ ANALYSE
0.72%
7 136 507
NOM
NOR
13
VITAL FORSIKRING ASA
0.69%
6 911 674
NOR
14
KLP AKSJE NORGE VPF
0.66%
6 621 542
NOR
15
FONDSFINANS SPAR
0.52%
5 200 000
NOR
16
WESTCAP A/S
0.50%
5 000 000
NOR
17
CREDIT SUISSE SECURITIES
0.49%
4 851 602
NOM
GBR
18
VERDIPAPIRFONDET DNB NORGE
0.47%
4 689 859
NED
19
NORDNET BANK AB
0.44%
4 393 361
NOM
SWE
20
DNB NOR SMB
0.43%
4 250 000
NOR
Total 20 largest
60.07%
598 961 620
Other
39.93%
398 190 498
Total number of shares
100.00%
997 152 118