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PGS ASA

Director's Dealing Aug 25, 2023

3712_dirs_2023-08-25_69e549fe-b673-46e4-a191-e252c5d322f4.pdf

Director's Dealing

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PGS ASA: REPORTING OF TRANSACTIONS MADE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM IN PGS ASA'S SHARES

Oslo, 25 August 2023: Pursuant to the Market Abuse Regulation article 19, PGS ASA (the "Company"), hereby notify receipt of information of the following transactions made by persons discharging managerial responsibilities in the Company and persons closely associated with them in the Company's shares and other financial instruments linked thereto.

1 Details of the Reporting Person / their Closely Associated Persons
a) Name Rune Olav Pedersen
2 Reason for the notification
a) Position/status President & CEO
b) Initial notification
/Amendment
Initial Notification
3 auctioneer or auction monitor Details of the issuer, emission allowance market participant, auction platform,
a) Name PGS ASA
b) LEI 213800T66DRTE6O6BV87
4.
1
been conducted 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
a) Description of the
financial instrument, type
of instrument and
identification code
Ordinary shares in PGS ASA
ISIN: NO 0010199151
b) Nature of the transaction Shares transferred to employees in connection with settlement of
awarded Performance based Restricted Stock Units (PRSUs) under
the Company's 2020 Long Term Incentive Plan
c) Price(s) and volume(s) Price(s) in
NOK
0
Volume(s)
81 786
d) Aggregated information
Aggregated volume
-
A total of 81 786 shares received for an aggregate price of NOK 0
-
Price
NOK 0 per share
e) Date of the transaction 2023-08-24
f) Place of the transaction Outside a trading venue
1 Details of the Reporting Person / their Closely Associated Persons
a) Name Gottfred Langseth
2 Reason for the notification
a) Position/status Executive Vice President & Chief Financial Officer
b) Initial notification
/Amendment
Initial Notification
3 auctioneer or auction monitor Details of the issuer, emission allowance market participant, auction platform,
a) Name PGS ASA
b) LEI 213800T66DRTE6O6BV87
4.
1
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 and
identification code
Ordinary shares in PGS ASA
ISIN: NO 0010199151
b) Nature of the transaction Shares transferred to employees in connection with settlement of
awarded Performance based Restricted Stock Units (PRSUs) under
the Company's 2020 Long Term Incentive Plan
c) Price(s) and volume(s) Price(s) in
Volume(s)
NOK
0
36 511
d) Aggregated information
-
Aggregated volume
A total of 36 511 shares received for an aggregate price of NOK 0
-
Price
NOK 0 per share
e) Date of the transaction 2023-08-24
f) Place of the transaction Outside a trading venue
1 Details of the Reporting Person / their Closely Associated Persons
a) Name Nathan Selvoy Oliver
2 Reason for the notification
a) Position/status Executive Vice President Sales & Services
b) Initial notification
/Amendment
Initial Notification
3 auctioneer or auction monitor Details of the issuer, emission allowance market participant, auction platform,
a) Name PGS ASA
b) LEI 213800T66DRTE6O6BV87
4.
1
been conducted 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
a) Description of the
financial instrument, type
of instrument and
identification code
Ordinary shares in PGS ASA
ISIN: NO 0010199151
b) Nature of the transaction Shares transferred to employees in connection with settlement of
awarded Performance based Restricted Stock Units (PRSUs) under
the Company's 2020 Long Term Incentive Plan (shares sold to
cover tax liabilities)
c) Price(s) and volume(s) Price(s) in
NOK
0
Volume(s)
18 256
d) Aggregated information
-
Aggregated volume
A total of 18 256 shares sold for an aggregate price of NOK 0
NOK 0 per share
-
Price
e) Date of the transaction 2023-08-24
f) Place of the transaction Outside a trading venue
4.
1
been conducted 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
a) Description of the
financial instrument, type
of instrument and
Ordinary shares in PGS ASA
ISIN: NO 0010199151
identification code
b) Nature of the transaction Shares transferred to employees in connection with settlement of
awarded Performance based Restricted Stock Units (PRSUs) under
the Company's 2020 Long Term Incentive Plan (net amount of
shares received, after deduction of the shares sold to cover tax
liabilities
c) Price(s) and volume(s) Price(s) in
NOK
0
Volume(s)
18 255
d) Aggregated information
-
Aggregated volume
A total of 18 255 shares received for an aggregate price of NOK 0
-
Price
NOK 0 per share
e) Date of the transaction 2023-08-24
f) Place of the transaction Outside a trading venue
1 Details of the Reporting Person / their Closely Associated Persons
a) Name Robert James Adams
2 Reason for the notification
a) Position/status Executive Vice President Operations
b) Initial notification
/Amendment
Initial Notification
3 auctioneer or auction monitor Details of the issuer, emission allowance market participant, auction platform,
a) Name PGS ASA
b) LEI 213800T66DRTE6O6BV87
4.
1
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 and
identification code
Ordinary shares in PGS ASA
ISIN: NO 0010199151
b) Nature of the transaction Shares transferred to employees in connection with settlement of
awarded Performance based Restricted Stock Units (PRSUs) under
the Company's 2020 Long Term Incentive Plan
c) Price(s) and volume(s) Price(s) in
Volume(s)
NOK
0
36 511
d) Aggregated information
-
Aggregated volume
A total of 36 511 shares received for an aggregate price of NOK 0
-
Price
NOK 0 per share
e) Date of the transaction 2023-08-24
f) Place of the transaction Outside a trading venue
1 Details of the Reporting Person / their Closely Associated Persons
a) Name Berit Osnes
2 Reason for the notification
a) Position/status Executive Vice President New Energy
b) Initial notification
/Amendment
Initial Notification
3 auctioneer or auction monitor Details of the issuer, emission allowance market participant, auction platform,
a) Name PGS ASA
b) LEI 213800T66DRTE6O6BV87
4.
1
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 and
identification code
Ordinary shares in PGS ASA
ISIN: NO 0010199151
b) Nature of the transaction Shares transferred to employees in connection with settlement of
awarded Performance based Restricted Stock Units (PRSUs) under
the Company's 2020 Long Term Incentive Plan
c) Price(s) and volume(s) Price(s) in
Volume(s)
NOK
0
24 341
d) Aggregated information
-
Aggregated volume
A total of 24 341 shares received for an aggregate price of NOK 0
Price
-
NOK 0 per share
e) Date of the transaction 2023-08-2
f) Place of the transaction Outside a trading venue
1 Details of the Reporting Person / their Closely Associated Persons
a) Name Lars Ragnar van der Bijl Mysen
2 Reason for the notification
a) Position/status General Counsel
b) Initial notification
/Amendment
Initial Notification
3 auctioneer or auction monitor Details of the issuer, emission allowance market participant, auction platform,
a) Name PGS ASA
b) LEI 213800T66DRTE6O6BV87
4.
1
been conducted 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
a) Description of the
financial instrument, type
of instrument and
identification code
Ordinary shares in PGS ASA
ISIN: NO 0010199151
b) Nature of the transaction Shares transferred to employees in connection with settlement of
awarded Performance based Restricted Stock Units (PRSUs) under
the Company's 2020 Long Term Incentive Plan (shares sold to
cover tax liabilities)
c) Price(s) and volume(s) Price(s) in
NOK
0
Volume(s)
6 329
d) Aggregated information
-
Aggregated volume
A total of 6 329 shares sold for an aggregate price of NOK 0
NOK 0 per share
-
Price
e) Date of the transaction 2023-08-24
f) Place of the transaction Outside a trading venue
4.
1
been conducted 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
a) Description of the
financial instrument, type
of instrument and
Ordinary shares in PGS ASA
ISIN: NO 0010199151
identification code
b) Nature of the transaction Shares transferred to employees in connection with settlement of
awarded Performance based Restricted Stock Units (PRSUs) under
the Company's 2020 Long Term Incentive Plan (net amount of
shares received, after deduction of the shares sold to cover tax
liabilities
c) Price(s) and volume(s) Price(s) in
NOK
0
Volume(s)
6 328
d) Aggregated information
-
Aggregated volume
A total of 6 328 shares received for an aggregate price of NOK 0
Price
-
NOK 0 per share
e) Date of the transaction 2023-08-24
f) Place of the transaction Outside a trading venue
1 Details of the Reporting Person / their Closely Associated Persons
a) Name Erik Ewig
2 Reason for the notification
a) Position/status Senior Vice President Technology & Digitalization
b) Initial notification
/Amendment
Initial Notification
3 auctioneer or auction monitor Details of the issuer, emission allowance market participant, auction platform,
a) Name PGS ASA
b) LEI 213800T66DRTE6O6BV87
4.
1
been conducted 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
a) Description of the
financial instrument, type
of instrument and
identification code
Ordinary shares in PGS ASA
ISIN: NO 0010199151
b) Nature of the transaction Shares transferred to employees in connection with settlement of
awarded Performance based Restricted Stock Units (PRSUs) under
the Company's 2020 Long Term Incentive Plan (shares sold to
cover tax liabilities)
c) Price(s) and volume(s) Price(s) in
NOK
Volume(s)
d) Aggregated information
-
Aggregated volume
0
9 737
A total of 9 737 shares sold for an aggregate price of NOK 0
NOK 0 per share
-
Price
e) Date of the transaction 2023-08-24
f) Place of the transaction Outside a trading venue
4.
1
been conducted 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
a) Description of the
financial instrument, type
of instrument and
Ordinary shares in PGS ASA
ISIN: NO 0010199151
identification code
b) Nature of the transaction Shares transferred to employees in connection with settlement of
awarded Performance based Restricted Stock Units (PRSUs) under
the Company's 2020 Long Term Incentive Plan (net amount of
shares received, after deduction of the shares sold to cover tax
liabilities
c) Price(s) and volume(s) Price(s) in
NOK
0
Volume(s)
9 736
d) Aggregated information
Aggregated volume
-
A total of 9 736 shares received for an aggregate price of NOK 0
-
Price
NOK 0 per share
e) Date of the transaction 2023-08-24
f) Place of the transaction Outside a trading venue
1 Details of the Reporting Person / their Closely Associated Persons
a) Name Kristin Omreng
2 Reason for the notification
a) Position/status Senior Vice President Global HR
b) Initial notification
/Amendment
Initial Notification
3 Details of the issuer, emission allowance market participant, auction platform,
auctioneer or auction monitor
a) Name PGS ASA
b) LEI 213800T66DRTE6O6BV87
4.
1
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 and
identification code
Ordinary shares in PGS ASA
ISIN: NO 0010199151
b) Nature of the transaction Shares transferred to employees in connection with settlement of
awarded Performance based Restricted Stock Units (PRSUs) under
the Company's 2020 Long Term Incentive Plan
c) Price(s) and volume(s) Price(s) in
Volume(s)
NOK
0
12 657
d) Aggregated information
-
Aggregated volume
A total of 12 657 shares received for an aggregate price of NOK 0
-
Price
NOK 0 per share
e) Date of the transaction 2023-08-24
f) Place of the transaction Outside a trading venue
1 Details of the Reporting Person / their Closely Associated Persons
a) Name Kai Reith
2 Reason for the notification
a) Position/status Senior Vice President Corporate Development
b) Initial notification
/Amendment
Initial Notification
3 auctioneer or auction monitor Details of the issuer, emission allowance market participant, auction platform,
a) Name PGS ASA
b) LEI 213800T66DRTE6O6BV87
4.
1
been conducted 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
a) Description of the
financial instrument, type
of instrument and
identification code
Ordinary shares in PGS ASA
ISIN: NO 0010199151
b) Nature of the transaction Shares transferred to employees in connection with settlement of
awarded Performance based Restricted Stock Units (PRSUs) under
the Company's 2020 Long Term Incentive Plan (all shares sold to
receive cash net of tax liabilities)
c) Price(s) and volume(s) Price(s) in
Volume(s)
NOK
0
12 657
d) Aggregated information
-
Aggregated volume
A total of 12 657 shares sold for an aggregate price of NOK 0
-
Price
NOK 0 per share
e) Date of the transaction 2023-08-24
f) Place of the transaction Outside a trading venue
1 Details of the Reporting Person / their Closely Associated Persons
a) Name Bård Stenberg
2 Reason for the notification
a) Position/status Vice President Investor Relations & Corporate Communications
b) Initial notification
/Amendment
Initial Notification
3 auctioneer or auction monitor Details of the issuer, emission allowance market participant, auction platform,
a) Name PGS ASA
b) LEI 213800T66DRTE6O6BV87
4.
1
been conducted 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
a) Description of the
financial instrument, type
of instrument and
identification code
Ordinary shares in PGS ASA
ISIN: NO 0010199151
b) Nature of the transaction Shares transferred to employees in connection with settlement of
awarded Performance based Restricted Stock Units (PRSUs) under
the Company's 2020 Long Term Incentive Plan (shares sold to
cover tax liabilities)
c) Price(s) and volume(s) Price(s) in
Volume(s)
NOK
0
5 598
d) Aggregated information
-
Aggregated volume
A total of 5 598 shares sold for an aggregate price of NOK 0
-
Price
NOK 0 per share
e) Date of the transaction 2023-08-24
f) Place of the transaction Outside a trading venue
4.
1
been conducted 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
a) Description of the
financial instrument, type
of instrument and
Ordinary shares in PGS ASA
ISIN: NO 0010199151
identification code
b) Nature of the transaction Shares transferred to employees in connection with settlement of
awarded Performance based Restricted Stock Units (PRSUs) under
the Company's 2020 Long Term Incentive Plan (net amount of
shares received, after deduction of the shares sold to cover tax
liabilities
c) Price(s) and volume(s) Price(s) in
NOK
0
Volume(s)
5 598
d) Aggregated information
-
Aggregated volume
A total of 5 598 shares received for an aggregate price of NOK 0
-
Price
NOK 0 per share
e) Date of the transaction 2023-08-24
f) Place of the transaction Outside a trading venue
1 Details of the Reporting Person / their Closely Associated Persons
a) Name Anette Valbø
2 Reason for the notification
a) Position/status Board Member
b) Initial notification
/Amendment
Initial Notification
3 auctioneer or auction monitor Details of the issuer, emission allowance market participant, auction platform,
a) Name PGS ASA
b) LEI 213800T66DRTE6O6BV87
4.
1
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 and
identification code
Ordinary shares in PGS ASA
ISIN: NO 0010199151
b) Nature of the transaction Shares transferred to employees in connection with settlement of
awarded Performance based Restricted Stock Units (PRSUs) under
the Company's 2020 Long Term Incentive Plan
c) Price(s) and volume(s) Price(s) in
NOK
0
2 677
Volume(s)
d) Aggregated information
-
Aggregated volume
A total of 2 677 shares received for an aggregate price of NOK 0
-
Price
NOK 0 per share
e) Date of the transaction 2023-08-24
f) Place of the transaction Outside a trading venue
1 Details of the Reporting Person / their Closely Associated Persons
a) Name Carine Roalkvam
2 Reason for the notification
a) Position/status Board Member
b) Initial notification
/Amendment
Initial Notification
3 auctioneer or auction monitor Details of the issuer, emission allowance market participant, auction platform,
a) Name PGS ASA
b) LEI 213800T66DRTE6O6BV87
4.
1
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 and
identification code
Ordinary shares in PGS ASA
ISIN: NO 0010199151
b) Nature of the transaction Shares transferred to employees in connection with settlement of
awarded Performance based Restricted Stock Units (PRSUs) under
the Company's 2020 Long Term Incentive Plan
c) Price(s) and volume(s) Price(s) in
NOK
0
Volume(s)
2 920
d) Aggregated information
-
Aggregated volume
A total of 2 920 shares received for an aggregate price of NOK 0
-
Price
NOK 0 per share
e) Date of the transaction 2023-08-24
f) Place of the transaction Outside a trading venue
1 Details of the Reporting Person / their Closely Associated Persons
a) Name Gunhild Myhr
2 Reason for the notification
a) Position/status Alternate Board Member
b) Initial notification
/Amendment
Initial Notification
3 auctioneer or auction monitor Details of the issuer, emission allowance market participant, auction platform,
a) Name PGS ASA
b) LEI 213800T66DRTE6O6BV87
4.
1
been conducted 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
a) Description of the
financial instrument, type
of instrument and
identification code
Ordinary shares in PGS ASA
ISIN: NO 0010199151
b) Nature of the transaction Shares transferred to employees in connection with settlement of
awarded Performance based Restricted Stock Units (PRSUs) under
the Company's 2020 Long Term Incentive Plan (shares sold to
cover tax liabilities)
c) Price(s) and volume(s) Price(s) in
NOK
0
Volume(s)
1 826
d) Aggregated information
-
Aggregated volume
A total of 1 826 shares sold for an aggregate price of NOK 0
NOK 0 per share
-
Price
e) Date of the transaction 2023-08-24
f) Place of the transaction Outside a trading venue
4.
1
been conducted 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
a) Description of the
financial instrument, type
of instrument and
Ordinary shares in PGS ASA
ISIN: NO 0010199151
identification code
b) Nature of the transaction Shares transferred to employees in connection with settlement of
awarded Performance based Restricted Stock Units (PRSUs) under
the Company's 2020 Long Term Incentive Plan (net amount of
shares received, after deduction of the shares sold to cover tax
liabilities
c) Price(s) and volume(s) Price(s) in
NOK
0
Volume(s)
1 825
d) Aggregated information
-
Aggregated volume
A total of 1 825 shares received for an aggregate price of NOK 0
-
Price
NOK 0 per share
e) Date of the transaction 2023-08-24
f) Place of the transaction Outside a trading venue
1 Details of the Reporting Person / their Closely Associated Persons
a) Name Merethe Bryn
2 Reason for the notification
a) Position/status Alternate Board Member
b) Initial notification
/Amendment
Initial Notification
3 Details of the issuer, emission allowance market participant, auction platform,
auctioneer or auction monitor
a) Name PGS ASA
b) LEI 213800T66DRTE6O6BV87
4.
1
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 and
identification code
Ordinary shares in PGS ASA
ISIN: NO 0010199151
b) Nature of the transaction Shares transferred to employees in connection with settlement of
awarded Performance based Restricted Stock Units (PRSUs) under
the Company's 2020 Long Term Incentive Plan
c) Price(s) and volume(s) Price(s) in
Volume(s)
NOK
0
9 736
d) Aggregated information
-
Aggregated volume
A total of 9 736 shares received for an aggregate price of NOK 0
Price
-
NOK 0 per share
e) Date of the transaction 2023-08-24
f) Place of the transaction Outside a trading venue
1 Details of the Reporting Person / their Closely Associated Persons
a) Name Christopher Watts
2 Reason for the notification
a) Position/status Alternate Board Member
b) Initial notification
/Amendment
Initial Notification
3 auctioneer or auction monitor Details of the issuer, emission allowance market participant, auction platform,
a) Name PGS ASA
b) LEI 213800T66DRTE6O6BV87
4.
1
been conducted 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
a) Description of the
financial instrument, type
of instrument and
identification code
Ordinary shares in PGS ASA
ISIN: NO 0010199151
b) Nature of the transaction Shares transferred to employees in connection with settlement of
awarded Performance based Restricted Stock Units (PRSUs) under
the Company's 2020 Long Term Incentive Plan (all shares sold to
receive cash net of tax liabilities)
c) Price(s) and volume(s) Price(s) in
Volume(s)
NOK
0
4 868
d) Aggregated information
-
Aggregated volume
A total of 4 868 shares sold for an aggregate price of NOK 0
-
Price
NOK 0 per share
e) Date of the transaction 2023-08-24
f) Place of the transaction Outside a trading venue

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