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PGS ASA

Director's Dealing May 3, 2022

3712_dirs_2022-05-03_4cf5d83c-f59f-4bb1-b7ba-d467d8bf9a19.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, 4 May 2022: 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 Walter Qvam
2 Reason for the notification
a) Position/status Chairperson of the Board
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
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 Company Subscription of shares in private placement of new shares in the
c) Price(s) and volume(s) Price(s) in
Volume(s)
NOK
3.70
100,000
d) Aggregated information
-
Aggregated volume
A total of 100,000 shares subscribed for an aggregate price of NOK
370,000
Price
-
NOK 3.70 per share
e) Date of the transaction 2022-05-04
f) Place of the transaction Outside a trading venue
1 Details of the Reporting Person / their Closely Associated Persons
a) Name Anne Grethe Dalane
2 Reason for the notification
a) Position/status Director
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 Subscription of shares in private placement of new shares in the
Company
c) Price(s) and volume(s) Price(s) in
Volume(s)
NOK
3.70
25,000
d) Aggregated information
Aggregated volume
-
A total of 25,000 shares subscribed for an aggregate price of NOK
92,500
-
Price
NOK 3.70 per share
e) Date of the transaction 2022-05-04
f) Place of the transaction Outside a trading venue
1 Details of the Reporting Person / their Closely Associated Persons
a) Name Trond Brandsrud
2 Reason for the notification
a) Position/status Director
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 Subscription of shares in private placement of new shares in the
Company
c) Price(s) and volume(s) Price(s) in
Volume(s)
NOK
3.70
30,000
d) Aggregated information
Aggregated volume
-
A total of 30,000 shares subscribed for an aggregate price of NOK
111,000
-
Price
NOK 3.70 per share
e) Date of the transaction 2022-05-04
f) Place of the transaction Outside a trading venue
1 Details of the Reporting Person / their Closely Associated Persons
a) Name Richard Herbert
2 Reason for the notification
a) Position/status Director
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
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 Company Subscription of shares in private placement of new shares in the
c) Price(s) and volume(s) Price(s) in
NOK
3.70
Volume(s)
70,000
d) Aggregated information
Aggregated volume
-
A total of 70,000 shares subscribed for an aggregate price of NOK
259,000
-
Price
NOK 3.70 per share
e) Date of the transaction 2022-05-04
f) Place of the transaction Outside a trading venue
1 Details of the Reporting Person / their Closely Associated Persons
a) Name Marianne Kah
2 Reason for the notification
a) Position/status Director
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 Subscription of shares in private placement of new shares in the
Company
c) Price(s) and volume(s) Price(s) in
Volume(s)
NOK
3.70
25,000
d) Aggregated information
Aggregated volume
-
A total of 25,000 shares subscribed for an aggregate price of NOK
92,500
-
Price
NOK 3.70 per share
e) Date of the transaction 2022-05-04
f) Place of the transaction Outside a trading venue
1 Details of the Reporting Person / their Closely Associated Persons
a) Name Ebrahim Attarzadeh
2 Reason for the notification
a) Position/status Director
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
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 Company Subscription of shares in private placement of new shares in the
c) Price(s) and volume(s) Price(s) in
NOK
3.70
Volume(s)
140,000
d) Aggregated information
Aggregated volume
-
A total of 140,000 shares subscribed for an aggregate price of NOK
518,000
-
Price
NOK 3.70 per share
e) Date of the transaction 2022-05-04
f) Place of the transaction Outside a trading venue
1 Details of the Reporting Person / their Closely Associated Persons
a) Name Shona Grant
2 Reason for the notification
a) Position/status Director
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
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 Company Subscription of shares in private placement of new shares in the
c) Price(s) and volume(s) Price(s) in
NOK
3.70
Volume(s)
30,000
d) Aggregated information
Aggregated volume
-
A total of 30,000 shares subscribed for an aggregate price of NOK
111,000
-
Price
NOK 3.70 per share
e) Date of the transaction 2022-05-04
f) Place of the transaction Outside a trading venue
1 Details of the Reporting Person / their Closely Associated Persons
a) Name Eivind Vesterås
2 Reason for the notification
a) Position/status Director
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
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 Company Subscription of shares in private placement of new shares in the
c) Price(s) and volume(s) Price(s) in
Volume(s)
NOK
3.70
50,000
d) Aggregated information
Aggregated volume
-
A total of 50,000 shares subscribed for an aggregate price of NOK
185,000
-
Price
NOK 3.70 per share
e) Date of the transaction 2022-05-04
f) Place of the transaction Outside a trading venue
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 Details of the issuer, emission allowance market participant, auction platform,
auctioneer or auction monitor
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 Company Subscription of shares in private placement of new shares in the
c) Price(s) and volume(s) Price(s) in
NOK
3.70
Volume(s)
200,000
d) Aggregated information
-
Aggregated volume
A total of 200,000 shares subscribed for an aggregate price of NOK
740,000
-
Price
NOK 3.70 per share
e) Date of the transaction 2022-05-04
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 EVP & CFO
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 Subscription of shares in private placement of new shares in the
Company
c) Price(s) and volume(s) Price(s) in
Volume(s)
NOK
3.70
500,000
d) Aggregated information
Aggregated volume
-
A total of 500,000 shares subscribed for an aggregate price of NOK
1,850,000
-
Price
NOK 3.70 per share
e) Date of the transaction 2022-05-04
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 Subscription of shares in private placement of new shares in the
Company
c) Price(s) and volume(s) Price(s) in
Volume(s)
NOK
3.70
70,000
d) Aggregated information
-
Aggregated volume
A total of 70,000 shares subscribed for an aggregate price of NOK
259,000
-
Price
NOK 3.70 per share
e) Date of the transaction 2022-05-04
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 VP & Finance Manager
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
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 Company Subscription of shares in private placement of new shares in the
c) Price(s) and volume(s) Price(s) in
Volume(s)
NOK
3.70
40,000
d) Aggregated information
Aggregated volume
-
A total of 40,000 shares subscribed for an aggregate price of NOK
148,000
-
Price
NOK 3.70 per share
e) Date of the transaction 2022-05-04
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 VP IR & Corporate Communication
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
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 Ordinary shares in PGS ASA
financial instrument,
type of instrument and
identification code
ISIN: NO 0010199151
b) Nature of the transaction Company Subscription of shares in private placement of new shares in the
c) Price(s) and volume(s) Price(s) in
NOK
Volume(s)
3.70 5,000
d) Aggregated information
Aggregated volume
-
A total of 5,000 shares subscribed for an aggregate price of NOK
18,500
-
Price
NOK 3.70 per share
e) Date of the transaction 2022-05-04
f) Place of the transaction Outside a trading venue

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