TGS: Mandatory Notification of Trades
29 Febrero 2024 - 4:36PM
TGS: Mandatory Notification of Trades
Oslo, Norway (29 February 2024) – In February
2019, TGS implemented an Employee Share Purchase Plan (ESPP)
pursuant to which eligible employees can purchase TGS common shares
at a discount through payroll deductions. The ESPP operates
in six-month periods, and at the end of each period, employees in
eligible jurisdictions (United States, United Kingdom and Canada)
have the option to purchase stock at a 15% discount to the market
price at the time of purchase. The plan sets a maximum
purchase of shares per employee per six-month period and ESPP
dividends are reinvested in shares. The following primary insiders
received shares from the ESPP purchase on February 26, 2024, as
participants in the ESPP. The schedule attached reflects the
holdings of the primary insiders following the ESPP
purchase.
---- Kristian Johansen – 100 shares
---- Tana Pool – 100 shares
---- Josef Heim – 100 shares
---- Whitney Eaton – 100 shares
---- Duncan Bate – 100 shares
---- Linda Santiago – 121 shares
About TGSTGS provides scientific data and
intelligence to companies active in the energy sector. In addition
to a global, extensive and diverse energy data library, TGS offers
specialized services such as advanced processing and analytics
alongside cloud-based data applications and solutions.
Forward Looking StatementAll statements in this
press release other than statements of historical fact are
forward-looking statements, which are subject to a number of risks,
uncertainties and assumptions that are difficult to predict and are
based upon assumptions as to future events that may not prove
accurate. These factors include volatile market conditions,
investment opportunities in new and existing markets, demand for
licensing of data within the energy industry, operational
challenges, and reliance on a cyclical industry and principal
customers. Actual results may differ materially from those expected
or projected in the forward-looking statements. TGS undertakes no
responsibility or obligation to update or alter forward-looking
statements for any reason.
For more information, visit TGS.com or contact:
Sven Børre LarsenChief Financial
Officerinvestor@tgs.com
- Primary_Insiders_Feb_2024
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