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NORBIT ASA is a Norwegian public limited liability company (ASA), established under Norwegian laws, with its tax residency in Norway and with its registered office in Trondheim.
NORBIT was listed on the Oslo Stock Exchange on 20 June 2019, under the ticker NORBT.
Information about NORBIT at Oslo Stock Exchange’s website: NORBIT at Oslo Børs

NORBIT has one class of shares, every share carries one vote and all shares have equal rights. The company does not own any own shares.

Share graph

20 largest shareholders

RankHoldingStakeNameCitizenshipType of account
18 686 49514.86VHF INVEST ASNorwayOrdinary
26 940 69511.87PETORS ASNorwayOrdinary
35 702 9499.76DRAUPNIR INVEST ASNorwayOrdinary
44 020 0276.88CLEARSTREAM BANKING S.A.LuxembourgNominee
53 832 2866.56ESMAR ASNorwayOrdinary
63 732 2866.38EIDCO A/SNorwayOrdinary
73 180 7715.44HANDELSBANKEN NORDISKA SMABOLAGSwedenNominee
82 734 6764.68The Bank of New York MellonIrelandNominee
91 930 0003.30DnB NOR MarketsNorwayBroker
101 138 1931.95Citibank, N.A.IrelandNominee
111 050 0001.80Danske Invest Norge VekstNorwayOrdinary
12961 3491.64Morgan Stanley & CoUnited KingdomNominee
13760 8361.30Danske Bank A/SDenmarkNominee
14721 9891.24USEGI ASNorwayOrdinary
15685 8221.17SONSTAD ASNorwayOrdinary
16670 3921.15HANDELSBANKEN MICROCAP NORDENSwedenNominee
17656 8891.12Nordea Bank AbpSwedenNominee
18627 2161.07Carnegie Investment Bank ABSwedenNominee
19525 0000.90Citibank, N.A.IrelandNominee
20300 6390.51MIDDELBOE ASNorwayOrdinary
Total 20 largest48 858 51083.58   
Other9 600 79216.42  
Total outstanding shares58 459 302100.00   
   
September 10, 2021

General meetings

NORBIT’s highest decision-making body is the general meeting of shareholders. All shareholders have the right to participate in the general meetings of the company.

Annual general meeting 2020

NORBIT’s annual general meeting for 2020 was held on 4 May 2020.

Relevant documents for the meeting are posted below.

Online registration, proxy and electronic voting

Notice calling the annual general meeting 2020/ Innkalling og agenda til generalforsamling (English and Norwegian)

Registration and proxy form (English)

Påmeldings- og fullmaktsblankett (norsk)

Annual report 2019

Analyst coverage


Carl Frederick Bjerke
cfb@arctic.com
+47 24 01 31 23


Kenneth Sivertsen
kenneth.sivertsen@paretosec.com
+47 24 24 13 21 78


Petter Kongslie
petter.kongslie@sb1markets.no
+47 24 14 74 96

NORBIT is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding NORBIT’s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of NORBIT or its management. NORBIT does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.

Dividend policy

Adopted by the Board of Directors on 16 May 2019.

NORBIT ASA’s dividend policy is to pay out annual dividends between 30 and 50 per cent of the company’s ordinary net profit after tax. When deciding on the annual dividend, the company will take into account the company’s financial position, investment plans as well as the needed financial flexibility to provide for sustainable growth.

In deciding whether to propose a dividend and in determining the dividend amount, the Board will take into account legal restrictions, as set out in the Norwegian Public Limited Companies Act, the Company’s capital requirements, including capital expenditure requirements, the Company’s financial condition, general business conditions and any restrictions that its contractual arrangements in place at the time of the dividend may place on its ability to pay dividends and the maintenance of appropriate financial flexibility. Except in certain specific and limited circumstances set out in the Norwegian Public Limited Companies Act, the amount of dividends paid may not exceed the amount recommended by the Board.

Dividends paid

The dividends paid in 2018 and 2016 was paid before NORBIT was listed at the Oslo Stock Exchange.

2020

In 2020, NORBIT paid dividends twice, due to the uncertainty created by the Covid-19 virus. In the second quarter, the company paid dividends of NOK 0.30 per share and in the fourth quarter, the company paid dividends of an additional NOK 0.30 per share, bringing the total dividends paid for the fiscal year 2019 to NOK 0.60 per share, an aggregate amount of NOK 34.0 million

2019

In 2019, the Company paid dividends in the aggregate amount of NOK 6.0 million during the first quarter, prior to the listing of the Company’s shares at the Oslo Stock Exchange on 20 June 2019.

2018

In 2018, the Company paid dividends in amounts of NOK 38.979 per share to its shareholders, in aggregate NOK 16.0 million, equivalent to approximately NOK 0.368 per share considering the share split resolved by the Company’s extraordinary General Meeting on 3 May 2019.

2017

No dividends were distributed to the shareholders of the Company in 2017.

FACTS ABOUT NORBIT

Company:
Organisation number:
Address:


ISIN:
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Listing:
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Independent auditors:

NORBIT ASA
992718196
Stiklestadveien 1
7041 Trondheim
Norway
NO0010856511
NORBT
Oslo Børs
20 June 2019
NOK 0.10
56,786,918
Per Jørgen Weisethaunet
PwC

Primary insiders

Companies listed on the Oslo Stock Exchange have an obligation to keep updated lists of primary insiders. NORBIT has registered its Board of Directors, Management, the company’s auditor and those responsible for financial administration as primary insiders.

An overview of the primary insiders is available at the Oslo Børs website: NORBIT at Oslo Børs