Nagarro SE, the Munich-headquartered global software engineering and technology services company, has disclosed that Norges Bank crossed the 3% voting rights threshold in the firm on 9 November 2026. The notification was filed by the Ministry of Finance on behalf of the State of Norway, acting as the ultimate controlling entity above Norges Bank. The disclosure was made pursuant to Article 40, Section 1 of the German Securities Trading Act (WpHG) and distributed Europe-wide via EQS News. Investors tracking institutional ownership movements in Nagarro SE may note this as the first filing of its kind from this particular notifying party, as previous notification figures were listed as not applicable.

Key Points

  • Nagarro SE (ticker: 0AA3), listed under ISIN DE000A3H2200, is a global software engineering company headquartered in München, Germany
  • Norges Bank, acting for Norway's Ministry of Finance, crossed the 3% voting rights threshold in Nagarro SE on 9 November 2026
  • Total combined voting rights position stands at 3.08%, comprising 3.00% via shares (388,261 shares, held indirectly) and 0.08% via instruments (10,176 shares lent or otherwise transferred)
  • Investors should watch for any further threshold crossings or changes in the Norwegian state's position in future regulatory filings

Norges Bank's 3.08% Combined Stake in Nagarro SE Broken Down by Share and Instrument Holdings

According to the regulatory filing, Norges Bank holds 388,261 shares indirectly in Nagarro SE, representing 3.00% of voting rights attached to shares under Section 34 of the WpHG. An additional 10,176 voting rights, equating to 0.08%, are held through instruments classified as shares lent or otherwise transferred, subject to recall at any time with no fixed expiration date. The combined total position of 3.08% is calculated against a total number of voting rights in Nagarro SE of 12,922,297, as stated in the announcement pursuant to Section 41 of the WpHG. No direct shareholding under Section 33 is recorded for Norges Bank in this filing.

State of Norway Acts as Ultimate Controlling Entity Above Norges Bank in This Disclosure

The filing identifies the Ministry of Finance on behalf of the State of Norway as the legal entity subject to the notification obligation, with Norges Bank named as the shareholder directly holding the voting rights at or above the 3% level. The announcement confirms the State of Norway sits at the top of the control chain, with Norges Bank beneath it holding the 3.00% voting rights in shares. The filing states that the person subject to the notification obligation is not controlled by, nor does it control, any other undertaking that directly or indirectly holds an interest in Nagarro SE beyond the chain described.

First Recorded Threshold Filing From This Notifying Party in Nagarro SE

The previous notification column in the filing shows figures listed as not applicable across all categories, indicating this represents the first major holdings notification submitted by the Ministry of Finance on behalf of the State of Norway in relation to Nagarro SE. The company, which provides digital engineering and technology services to global clients, is incorporated in Germany and maintains its registered address at Baierbrunner Straße 15, 81379 München. The announcement was disseminated on 10 November 2026 in compliance with Europe-wide regulatory distribution requirements under German securities law.