Subsea 7 S.A. Mandatory notification of share trades
04 Octubre 2023 - 5:29AM
Subsea 7 S.A. Mandatory notification of share trades
Luxembourg – 4 October 2023 -
Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) announces mandatory
notification of the following share transactions by primary
insiders:
1 |
Details of the person discharging managerial
responsibilities/person closely associated |
a) |
Name |
John Evans |
2 |
Reason for the notification |
a) |
Position/status |
Chief Executive Officer |
b) |
Initial notification/ Amendment |
Initial Notification |
3 |
Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor |
a) |
Name |
Subsea 7 S.A. |
b) |
LEI |
222100AIF0CBCY80AH62 |
4 |
Details of the transaction(s): section to be repeated for
(i) each type of instrument; (ii) each type of transaction; (iii)
each date; and (iv) each place where transactions have been
conducted |
a) |
Description of the financial instrument, type of instrument
Identification code |
Subsea 7 S.A. Shares Oslo Børs: SUBCISIN
LU0075646355 |
b)1. |
Nature of the transaction |
Vesting (award) of shares under the Issuer’s Long Term Incentive
Plan (LTIP) |
c)1. |
Price(s) and volume(s) |
Volume: 14,263 Price: NOK 143.59 |
b)2. |
Nature of the transaction |
Sale of shares to satisfy tax charge on vesting of shares |
c)2. |
Price(s) and volume(s) |
Volume: 6,731 Price: NOK 143.59 |
d) |
Aggregated information |
N/A |
e) |
Date of the transaction |
2023-10-02 (2 October 2023) |
f) |
Place of the transaction |
Vesting – Outside a trading venue Sale of Shares – Oslo Børs |
1 |
Details of the person discharging managerial
responsibilities/person closely associated |
a) |
Name |
Olivier Blaringhem |
2 |
Reason for the notification |
a) |
Position/status |
Executive Vice President – Subsea & Conventional |
b) |
Initial notification/ Amendment |
Initial Notification |
3 |
Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor |
a) |
Name |
Subsea 7 S.A. |
b) |
LEI |
222100AIF0CBCY80AH62 |
4 |
Details of the transaction(s): section to be repeated for
(i) each type of instrument; (ii) each type of transaction; (iii)
each date; and (iv) each place where transactions have been
conducted |
a) |
Description of the financial instrument, type of instrument
Identification code |
Subsea 7 S.A. Shares Oslo Børs: SUBCISIN
LU0075646355 |
b)1. |
Nature of the transaction |
Vesting (award) of shares under the Issuer’s Long Term Incentive
Plan (LTIP) |
c)1. |
Price(s) and volume(s) |
Volume: 7,315 Price: NOK 143.59 |
b)2. |
Nature of the transaction |
Sale of shares to satisfy tax charge on vesting of shares |
c)2. |
Price(s) and volume(s) |
Volume: 3,452 Price: NOK 143.59 |
d) |
Aggregated information |
N/A |
e) |
Date of the transaction |
2023-10-02 (2 October 2023) |
f) |
Place of the transaction |
Vesting – Outside a trading venue Sale of Shares – Oslo Børs |
1 |
Details of the person discharging managerial
responsibilities/person closely associated |
a) |
Name |
Stuart Fitzgerald |
2 |
Reason for the notification |
a) |
Position/status |
Chief Executive Officer – Seaway 7 |
b) |
Initial notification/ Amendment |
Initial Notification |
3 |
Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor |
a) |
Name |
Subsea 7 S.A. |
b) |
LEI |
222100AIF0CBCY80AH62 |
4 |
Details of the transaction(s): section to be repeated for
(i) each type of instrument; (ii) each type of transaction; (iii)
each date; and (iv) each place where transactions have been
conducted |
a) |
Description of the financial instrument, type of instrument
Identification code |
Subsea 7 S.A. Shares Oslo Børs: SUBCISIN
LU0075646355 |
b) |
Nature of the transaction |
Vesting (award) of shares under the Issuer’s Long Term Incentive
Plan (LTIP) |
c) |
Price(s) and volume(s) |
Volume: 4,722 Price: NOK 148.00 |
d) |
Aggregated information |
N/A |
e) |
Date of the transaction |
2023-10-02 (2 October 2023) |
f) |
Place of the transaction |
Vesting – Outside a trading venue |
1 |
Details of the person discharging managerial
responsibilities/person closely associated |
a) |
Name |
Nathalie Louys |
2 |
Reason for the notification |
a) |
Position/status |
General Counsel |
b) |
Initial notification/ Amendment |
Initial Notification |
3 |
Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor |
a) |
Name |
Subsea 7 S.A. |
b) |
LEI |
222100AIF0CBCY80AH62 |
4 |
Details of the transaction(s): section to be repeated for
(i) each type of instrument; (ii) each type of transaction; (iii)
each date; and (iv) each place where transactions have been
conducted |
a) |
Description of the financial instrument, type of instrument
Identification code |
Subsea 7 S.A. Shares Oslo Børs: SUBCISIN
LU0075646355 |
b)1. |
Nature of the transaction |
Vesting (award) of shares under the Issuer’s Long Term Incentive
Plan (LTIP) |
c)1. |
Price(s) and volume(s) |
Volume: 7,183 Price: NOK 143.59 |
b)2. |
Nature of the transaction |
Sale of shares to satisfy tax charge on vesting of shares |
c)2. |
Price(s) and volume(s) |
Volume: 3,390 Price: NOK 143.59 |
d) |
Aggregated information |
N/A |
e) |
Date of the transaction |
2023-10-02 (2 October 2023) |
f) |
Place of the transaction |
Vesting – Outside a trading venue Sale of Shares – Oslo Børs |
1 |
Details of the person discharging managerial
responsibilities/person closely associated |
a) |
Name |
Katherine Lyne |
2 |
Reason for the notification |
a) |
Position/status |
Executive Vice President – Human Resources |
b) |
Initial notification/ Amendment |
Initial Notification |
3 |
Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor |
a) |
Name |
Subsea 7 S.A. |
b) |
LEI |
222100AIF0CBCY80AH62 |
4 |
Details of the transaction(s): section to be repeated for
(i) each type of instrument; (ii) each type of transaction; (iii)
each date; and (iv) each place where transactions have been
conducted |
a) |
Description of the financial instrument, type of instrument
Identification code |
Subsea 7 S.A. Shares Oslo Børs: SUBCISIN
LU0075646355 |
b)1. |
Nature of the transaction |
Vesting (award) of shares under the Issuer’s Long Term Incentive
Plan (LTIP) |
c)1. |
Price(s) and volume(s) |
Volume: 4,869 Price: NOK 143.59 |
b)2. |
Nature of the transaction |
Sale of shares to satisfy tax charge on vesting of shares |
c)2. |
Price(s) and volume(s) |
Volume: 2,298 Price: NOK 143.59 |
d) |
Aggregated information |
N/A |
e) |
Date of the transaction |
2023-10-02 (2 October 2023) |
f) |
Place of the transaction |
Vesting – Outside a trading venue Sale of Shares – Oslo Børs |
1 |
Details of the person discharging managerial
responsibilities/person closely associated |
a) |
Name |
Phillip Simons |
2 |
Reason for the notification |
a) |
Position/status |
Executive Vice President – Projects & Operations |
b) |
Initial notification/ Amendment |
Initial Notification |
3 |
Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor |
a) |
Name |
Subsea 7 S.A. |
b) |
LEI |
222100AIF0CBCY80AH62 |
4 |
Details of the transaction(s): section to be repeated for
(i) each type of instrument; (ii) each type of transaction; (iii)
each date; and (iv) each place where transactions have been
conducted |
a) |
Description of the financial instrument, type of instrument
Identification code |
Subsea 7 S.A. Shares Oslo Børs: SUBCISIN
LU0075646355 |
b)1. |
Nature of the transaction |
Vesting (award) of shares under the Issuer’s Long Term Incentive
Plan (LTIP) |
c)1. |
Price(s) and volume(s) |
Volume: 6,924 Price: NOK 143.59 |
b)2. |
Nature of the transaction |
Sale of shares to satisfy tax charge on vesting of shares |
c)2. |
Price(s) and volume(s) |
Volume: 3,407 Price: NOK 143.59 |
d) |
Aggregated information |
N/A |
e) |
Date of the transaction |
2023-10-02 (2 October 2023) |
f) |
Place of the transaction |
Vesting – Outside a trading venue Sale of Shares – Oslo Børs |
1 |
Details of the person discharging managerial
responsibilities/person closely associated |
a) |
Name |
Marcelo Lopes Xavier |
2 |
Reason for the notification |
a) |
Position/status |
Executive Vice President – Strategy & Sustainability |
b) |
Initial notification/ Amendment |
Initial Notification |
3 |
Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor |
a) |
Name |
Subsea 7 S.A. |
b) |
LEI |
222100AIF0CBCY80AH62 |
4 |
Details of the transaction(s): section to be repeated for
(i) each type of instrument; (ii) each type of transaction; (iii)
each date; and (iv) each place where transactions have been
conducted |
a) |
Description of the financial instrument, type of instrument
Identification code |
Subsea 7 S.A. Shares Oslo Børs: SUBCISIN
LU0075646355 |
b)1. |
Nature of the transaction |
Vesting (award) of shares under the Issuer’s Long Term Incentive
Plan (LTIP) |
c)1. |
Price(s) and volume(s) |
Volume: 4,736 Price: NOK 143.59 |
b)2. |
Nature of the transaction |
Sale of shares to satisfy tax charge on vesting of shares |
c)2. |
Price(s) and volume(s) |
Volume: 1,308 Price: NOK 143.59 |
d) |
Aggregated information |
N/A |
e) |
Date of the transaction |
2023-10-02 (2 October 2023) |
f) |
Place of the transaction |
Vesting – Outside a trading venue Sale of Shares – Oslo Børs |
***********************************************************************Subsea7
is a global leader in the delivery of offshore projects and
services for the evolving energy industry. We create sustainable
value by being the industry’s partner and employer of choice in
delivering the efficient offshore solutions the world needs.
Subsea7 is listed on the Oslo Børs (SUBC), ISIN LU0075646355,
LEI 222100AIF0CBCY80AH62.
***********************************************************************
Contact for investment community
enquiries:Katherine TonksHead of Investor Relations Tel
+44 (0)20 8210 5568ir@subsea7.com
This stock exchange release was published by Katherine Tonks,
Investor Relations, Subsea7, on 4 October 2023 at 12:30
CET.
- SUBC Vesting 2023 04102023
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