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5.8 SHARE CAPITAL AND SHAREHOLDER INFORMATION
The share capital in Jotun A/S as of 31 December 2021 consists of the following share classes:
(NOK) Quantity Face value Share capital
A-shares 114 000 300 34 200 000
B-shares 228 000 300 68 400 000
Total 342 000 300 102 600 000
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 2021 was 921. The largest shareholders were:
Shareholders A-shares B-shares Total Ownership
Voting
interest
Paint Holding AS 42 204 103 446 145 650 42.6 % 38.4 %
Odd Gleditsch AS 11 500 37 880 49 380 14.4 % 11.2 %
Mattisberget AS 29 522 643 30 165 8.8 % 21.6 %
Leo Invest AS 3 008 7 022 10 030 2.9 % 2.7 %
Abrafam Holding AS 3 387 3 666 7 053 2.1 % 2.7 %
Bog Invest AS - 6 850 6 850 2.0 % 0.5 %
Bjørn Ekdahl 2 324 3 381 5 705 1.7 % 1.9 %
ACG AS - 5 553 5 553 1.6 % 0.4 %
Hejo Holding AS - 5 257 5 257 1.5 % 0.4 %
Elanel AS 3 027 2 113 5 140 1.5 % 2.4 %
Kofreni AS 131 4 114 4 245 1.2 % 0.4 %
Bjørn Ole Gleditsch 26 3 689 3 715 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 %
Anne Cecilie Gleditsch 5 3 061 3 066 0.9 % 0.2 %
Nils Johannes Ekdahl 2 322 645 2 967 0.9 % 1.7 %
Vida Holding AS 142 2 588 2 730 0.8 % 0.3 %
Bengt Erik Ekdahl 2 322 188 2 510 0.7 % 1.7 %
Oaknut Invest AS 1 000 1 500 2 500 0.7 % 0.8 %
Total 20 largest 102 092 200 365 302 457 88.4 % 89.3 %
Total others 11 908 27 635 39 543 11.6 % 10.7 %
Total number of shares 114 000 228 000 342 000 100.0 % 100.0 %
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 6 737 6 764
Einar Abrahamsen Member of the Board 3 387 3 674 7 061
Nicolai A. Eger Member of the Board 1 112 4 301 5 413
Terje Andersen Member of the Board 2 2
Bjørn Ekdahl Chairman of the Corporate Assembly 2 324 3 631 5 955
Bjørn Ole Gleditsch Member of the Corporate Assembly 26 10 539 10 565
Anne Cecilie Gleditsch Member of the Corporate Assembly 5 8 615 8 620
Kornelia Eger Foyn-Bruun Member of the Corporate Assembly 100 274 374
Nils Andreas Arnesen Member of the Corporate Assembly 157 522 679
Terje V. Arnesen Member of the Corporate Assembly 1 1
Jens-Erlend Trana Member of the Corporate Assembly 2 2
Morten Fon President & CEO 9 21 30
Bård K. 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 2021 2020
Total dividend on ordinary shares 598 500 000 547 200 000
Dividend per share 1 750 1 600
Proposed for approval at the Annual General Meeting 2021 2020
Total dividend on ordinary shares 769 500 000 598 500 000
Dividend per share 2 250 1 750
Dividend is deducted from equity and recognised as a liability after approval by the Annual General Meeting.
Jotun Group
46 I Jotun Annual Report 2021