Green Hydrogen Systems Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

BATS-CHIXE:GREEHC Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
26 Mar 24	BuyDKK 111,186	Karen Boesen	Individual		13,692	DKK 8.13

Insider Trading Volume

Insider Buying: GREEHC insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of GREEHC?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	1,316,444	0.701%
Private Companies	7,425,919	3.96%
Institutions	25,041,893	13.3%
VC/PE Firms	47,967,658	25.6%
General Public	105,981,988	56.5%

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 125.7%.

Top Shareholders

Top 25 shareholders own 43.51% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
25.6%	Nordic Alpha Partners	47,967,658	DKK 402.4m	87.9%	100.0%
6.76%	Arbejdsmarkedets Tillægspension (Atp)	12,690,000	DKK 106.5m	212%	1.43%
4.17%	A.P. Møller Holding A/S	7,826,418	DKK 65.7m	-5.89%	0.59%
3.96%	Norlys a.m.b.a.	7,425,919	DKK 62.3m	-10.7%	no data
0.54%	Mirae Asset Global Investments Co., Ltd.	1,005,348	DKK 8.4m	16.2%	no data
0.52%	Handelsbanken Asset Management	974,178	DKK 8.2m	0%	no data
0.46%	Christian Clausen	864,875	DKK 7.3m	125%	no data
0.33%	Van Eck Associates Corporation	627,491	DKK 5.3m	48%	no data
0.21%	Esaliens TFI S.A.	400,000	DKK 3.4m	400%	0.14%
0.14%	Thyge Boserup	260,383	DKK 2.2m	0%	no data
0.14%	ETFS Management (AUS) Limited	253,540	DKK 2.1m	0%	0.02%
0.13%	Penserra Capital Management LLC	239,195	DKK 2.0m	-3.01%	0.01%
0.09%	Danske Capital Denmark	169,153	DKK 1.4m	0%	no data
0.088%	ID-Sparinvest, Filial af Sparinvest S.A., Luxembourg	164,885	DKK 1.4m	0%	no data
0.068%	Sparinvest SA (Luxembourg)	128,580	DKK 1.1m	0%	0.06%
0.064%	Storebrand Fonder AB,	120,000	DKK 1.0m	0%	no data
0.059%	State Street Global Advisors, Inc.	110,916	DKK 930.6k	3.05%	no data
0.052%	Thomas Andersen	98,000	DKK 822.2k	0%	no data
0.037%	Impact S.P.A. Societa Di Intermediazione Mobiliare O In Forma Abbreviata Impact Sim S.P.A.	70,000	DKK 587.4k	0%	0.05%
0.035%	Nykredit Portefølje Administration A/S	64,835	DKK 544.0k	0%	no data
0.032%	Timeinvest FondsmÆGlerselskab A/S	60,000	DKK 503.4k	0%	0.48%
0.032%	Nordea Investment Management, AB	59,692	DKK 500.9k	0%	no data
0.019%	Lars Bertelsen	34,750	DKK 291.5k	21.9%	no data
0.018%	Simon Ibsen	33,436	DKK 280.5k	0%	no data
0.016%	Fondsmaeglerselskabet Investeringsradgivning A/S	30,000	DKK 251.7k	-24.9%	0.62%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2023/09/24 16:03
End of Day Share Price	2023/06/27 00:00
Earnings	2023/06/30
Annual Earnings	2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Green Hydrogen Systems A/S is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Lars Topholm	Carnegie Investment Bank AB
Patrick Jones	J.P. Morgan