Equity capital certificates

Stock price compared with OSEBX and OSEEX

31 December 2009 to 31 December 2011

kursutvikling_engelsk

OSEBX = Oslo Stock Exchange Benchmark Index , OSEEX = Oslo Stock Exchange ECC Index  

Trading statistics

31 December 2009 to 31 December 2011 

omsetningsstatistikk_engelsk 

 

20 largest ECC holders  Number Share
Reitangruppen AS   6.872.514 7,24 %
Aker ASA / The Resource Group TRG   2.860.966 3,01 %
Odin Norge   2.648.658 2,79 %
Odin Norden   2.145.049 2,26 %
Rasmussengruppen AS   2.130.000 2,24 %
Vind LV AS   2.085.151 2,20 %
MP Pensjon PK   1.442.774 1,52 %
Frank Mohn AS   1.442.236 1,52 %
Citibank N.A New York Branch (nominee)   1.357.933 1,43 %
Morgan Stanley & Co.   1.097.718 1,16 %
I.K. Lykke, T.Lykke m.fl. 891.567 0,94 %
Stiftelsen Uni  879.552 0,93 %
Tonsenhagen Forretningssentrum AS 865.013 0,91 %
Forsvarets personellservice 788.092 0,83 %
The Northern Trust Co. (nominee) 767.163 0,81 %
Nordea Bank Norge ASA 759.915 0,80 %
KLP Aksje Norden VPF 744.475 0,78 %
VPF Nordea Norge Verdi 674.523 0,71 %
State Street Bank & Trust Company (nominee) 638.395 0,67 %
Odin Europa SMB 633.251 0,67 %
The 20 largest ECC holders in total   31.724.945 33,42 %
Others   63.205.341 66,58 %
Total issued ECCs   94.930.286 100,00 %

Dividend policy

SpareBank 1 SMN aims to manage the Group’s resources in such a way as to provide equity certificate holders with a good, stable and competitive return in the form of dividend and a rising value of the bank’s equity certificate.

The net profit for the year will be distributed between the owner capital (the equity certificate holders) and the ownerless capital in accordance with their respective shares of the bank’s total equity capital.

SpareBank 1 SMN’s intention is that up to one half of the owner capital’s share of the net profit for the year should be disbursed in dividends and, similarly, that up to one half of the owner capital’s share of the net profit for the year should be disbursed as gifts or transferred to a foundation. This is on the assumption that capital adequacy is at a satisfactory level. When determining dividend payout, account will be taken of the profit trend expected in a normalised market situation, external framework conditions and the need for tier 1 capital.

© SpareBank 1 SMN