Subsea 7 S.A. notification of major holding
19 Abril 2024 - 12:12PM
Subsea 7 S.A. notification of major holding
Luxembourg
– 19 April 2024 – Subsea 7 S.A. (Oslo
Børs: SUBC, ADR: SUBCY) today announced that, on 19 April 2024,
Barclays Capital Securities Limited1 informed the Company that it
had breached thresholds provided for by Luxembourg’s Transparency
Law of 11 January 2008 on transparency requirements for issuers of
securities as amended (the “Transparency Law”) as follows:
15 April 2024
- On 15 April
2024 the total number of voting rights in the Company according to
Article 8 and 9 of the Transparency Law attached to shares held by
Barclays was 22,559 representing less than 0.01% of the voting
rights in the Company
- On 15 April
2024 the total number of voting rights in the Company attached to
financial instruments with similar economic effect according to
Article 12 (1) (a) of the Transparency Law (right to recall) were
14,625,242 representing 4.80% of the voting rights in the
Company
- On 15 April
2024 the total number of voting rights in the Company attached to
financial instruments with similar economic effect according to
Article 12 (1) (b) of the Transparency Law (swaps) were 572,734
representing 0.18% of the voting rights in the Company
- When combined,
the above positions equate to 5.00% of voting rights of Subsea 7
S.A.
16 April 2024
- On 16 April
2024 the total number of voting rights in the Company according to
Article 8 and 9 of the Transparency Law attached to shares held by
Barclays was nil
- On 16 April
2024 the total number of voting rights in the Company attached to
financial instruments with similar economic effect according to
Article 12 (1) (a) of the Transparency Law (right to recall) was
nil
- On 16 April
2024 the total number of voting rights in the Company attached to
financial instruments with similar economic effect according to
Article 12 (1) (b) of the Transparency Law (swaps) was nil
- When combined,
the above positions equate to 0.00% of voting rights of Subsea 7
S.A.
A copy of the notifications received from
Barclays is available on the Subsea7 website www.subsea7.com.
1 A wholly-owned subsidiary of Barclays Plc
*******************************************************************************Subsea7
is a global leader in the delivery of offshore projects and
services for the evolving energy industry, creating 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 TonksInvestor Relations DirectorTel
+44 20 8210 5568ir@subsea7.com
This information is subject to the disclosure requirements
pursuant to Section 5-12 the Norwegian Securities Trading Act.
This stock exchange release was published by
Katherine Tonks, Investor Relations, Subsea7, on 19 April 2024 at
19:10 CET
- SUBC major shareholding disclosure 19 April 2024
- SUBSEA 7 SA Trade Date 16-04-2024
- SUBSEA 7 SA Trade Date 15-04-2024
Subsea 7 (TG:SOC)
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