Shareholder information
Nel’s shares are listed on the Oslo Stock Exchange under the ticker “NEL”.
The company seeks to create sustained shareholder value. The Board of Directors emphasizes communicating and maintaining good relationships with shareholders through financial reports, press releases and presentations. The company has one class of shares. Nel has not yet reached the stage when it can pay dividends from ongoing earnings.
Nel’s Board of Directors has adopted corporate governance principles aimed at ensuring that the board remains informed and independent. The Board of Directors is elected by the share owners to oversee management and to assure that the long-term interests of the share owners are being served.
Additional information about the Nel ASA share can be found here.
20 largest shareholders as of 03.03.2025
| # | Shareholder | Shares | % |
|---|---|---|---|
| 1 | CLEARSTREAM BANKING S.A. | 1,162,754,631 | 69.57% |
| 2 | SIX SIS AG | 21,427,552 | 1.28% |
| 3 | State Street Bank and Trust Comp | 21,019,745 | 1.26% |
| 4 | CACEIS Bank | 18,084,930 | 1.08% |
| 5 | Nordnet Bank AB | 16,751,204 | 1.0% |
| 6 | UBS Switzerland AG | 16,212,885 | 0.97% |
| 7 | State Street Bank and Trust Comp | 14,305,329 | 0.86% |
| 8 | Saxo Bank A/S | 11,903,576 | 0.71% |
| 9 | The Bank of New York Mellon SA/NV | 10,784,969 | 0.65% |
| 10 | Avanza Bank AB | 9,690,486 | 0.58% |
| 11 | Euroclear Bank S.A./N.V. | 8,921,957 | 0.53% |
| 12 | KBC Bank NV | 8,833,984 | 0.53% |
| 13 | KOMMUNAL LANDSPENSJONSKASSE GJENSI | 8,044,772 | 0.48% |
| 14 | JPMorgan Chase Bank, N.A., London | 8,038,221 | 0.48% |
| 15 | State Street Bank and Trust Comp | 7,957,555 | 0.48% |
| 16 | The Bank of New York Mellon SA/NV | 7,898,550 | 0.47% |
| 17 | The Northern Trust Comp, London Br | 7,642,392 | 0.46% |
| 18 | Danske Bank A/S | 6,849,058 | 0.41% |
| 19 | J.P. Morgan SE | 6,629,390 | 0.40% |
| 20 | FOLKETRYGDFONDET | 6,515,173 | 0.39% |
Total number of shares out: 1,671,325,304
Source: Euronext Securities, Offentlig Aksjeeierportal
In accordance with Norwegian law, anyone wishing to obtain a more comprehensive shareholder overview may submit a request to ir@nelhydrogen.com. The latest collected overview was completed on 27 February 2025, six weeks prior to the planned Annual General Meeting.
Shareprice details
Analyst coverage
| Firm | Analyst | Phone | |
|---|---|---|---|
ABG Sundal Collier | |||
AlphaValue | |||
Arctic | |||
Bank of America | |||
Bank Pekao | |||
Barclays | |||
Berenberg | |||
Bernstein | |||
Bryan Garnier | |||
Citi | |||
Danske Bank | |||
DNB | |||
Fearnleys | |||
Goldman Sachs | |||
HSBC | |||
Jefferies | |||
JP Morgan | |||
Kepler Chevreux | |||
Morgan Stanley | |||
Nordea | |||
Norne | |||
Pareto | |||
RBC | |||
Redburn | |||
Santander | |||
SEB | |||
SpareBank 1 Markets | |||
UBS |
Consensus
Before the publication of Nel ASA’s quarterly results, we invite the sell-side analysts to provide input to the consensus estimates.
Reports and presentations
| Item | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| Quarterly report |  | | | |
| Quarterly presentation | | | | |
| Recordings |  | | | |
| Other reports | ZIP / XBRL | XBRL (viewer) | |
|---|---|---|---|
| Annual report | | | |
| Remuneration report | |
| Item | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| Quarterly report | | | | |
| Quarterly presentation | | | | |
| Recordings | | | | |
| Other reports | ZIP / XBRL | XBRL (viewer) | |
|---|---|---|---|
| Annual report | | | |
| Remuneration report | |
| Item | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| Quarterly report | | | | |
| Quarterly presentation | | | | |
| Recordings | | |
| Other reports | ZIP / XBRL | XBRL (viewer) | |
|---|---|---|---|
| Annual report | | | |
| Remuneration report | |
| Item | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| Quarterly report | | | | |
| Quarterly presentation | | | | |
| Recordings |
| Other reports | ZIP / XBRL | XBRL (viewer) | |
|---|---|---|---|
| Annual report | | | |
| Remuneration report | |
| Item | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| Quarterly report | | | | |
| Quarterly presentation | | | | |
| Recordings |
| Other reports | ZIP / XBRL | XBRL (viewer) | |
|---|---|---|---|
| Annual report | | ||
| Remuneration report | |||
| Sustainability report | |
| Item | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| Quarterly report | | | | |
| Quarterly presentation | | | | |
| Recordings |
| Other reports | ZIP / XBRL | XBRL (viewer) | |
|---|---|---|---|
| Annual report | | ||
| Remuneration report |
| Item | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| Quarterly report | | | | |
| Quarterly presentation | | | | |
| Recordings |
| Other reports | ZIP / XBRL | XBRL (viewer) | |
|---|---|---|---|
| Annual report | | ||
| Remuneration report |
| Item | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| Quarterly report | | | | |
| Quarterly presentation | | | | |
| Recordings |
| Other reports | ZIP / XBRL | XBRL (viewer) | |
|---|---|---|---|
| Annual report | | ||
| Remuneration report |
| Item | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| Quarterly report | | | | |
| Quarterly presentation | | |||
| Recordings |
| Other reports | ZIP / XBRL | XBRL (viewer) | |
|---|---|---|---|
| Annual report | | ||
| Remuneration report |
| Item | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| Quarterly report | | | | |
| Quarterly presentation | ||||
| Recordings |
| Other reports | ZIP / XBRL | XBRL (viewer) | |
|---|---|---|---|
| Annual report | | ||
| Remuneration report |
| Item | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| Quarterly report | | | | |
| Quarterly presentation | | |||
| Recordings |
| Other reports | ZIP / XBRL | XBRL (viewer) | |
|---|---|---|---|
| Annual report | | ||
| Remuneration report |
Press releases
Nel ASA: Board resolution to increase the share capital
Nel ASA: Employee share option program
Financial calendar
FINANCIAL YEAR 2024
26.02.2025 – Quarterly Report – Q4
FINANCIAL YEAR 2025
16.07.2025 – Half-yearly Report
26.02.2025 – Annual Report
30.04.2025 – Quarterly Report – Q1
29.10.2025 – Quarterly Report – Q3
As part of the ambitions of equal treatment of all shareholder and transparent communications, Nel has imposed a silent period in the two weeks prior to the reporting of quarterly financial figures. In the silent period, the management will not engage in investor-dialogue and -meetings.
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