Folketrygdfondet increases Frontline plc stake above five percent

Folketrygdfondet has notified an acquisition of voting rights in Frontline plc, a prominent shipping company. The notification, dated October 9, 2025, reveals that Folketrygdfondet's direct voting rights in Frontline plc now stand at 5.14%, equating to 11,445,874 shares. This represents a notable increase from their previously reported position of 4.87%.

The transaction officially crossed the 5% ownership threshold, triggering a notification requirement. The shares are held directly by Folketrygdfondet, whose registered office is located in Oslo, Norway. The report indicates no indirect holdings or financial instruments contributing to this percentage.

This increased stake positions Folketrygdfondet as a more significant shareholder in Frontline plc, headquartered in Limassol, Cyprus. The notification was filed with both the issuer and the Cyprus Securities and Exchange Commission, ensuring full transparency of the change in major holdings.