PGS ASA

Major Shareholding Notification • Aug 15, 2019

Major Shareholding Notification - PGS ASA (PGS NO Equity; ISIN NO0010199151)

Major Shareholding Notification - PGS ASA (PGS NO Equity; ISIN NO0010199151)

We are Caius Capital LLP, a FCA regulated entity under Reference Number 735887 acting as an Alternative Investment Fund Manager for two underlying clients. As at the close of business on Thursday 15th August 2019 we held 17,937,666 shares of PGS ASA having ISIN NO0010199151 representing a 5.2979% shareholding of the issued share capital of the company and requiring us to report the position for a public disclosure as per sections 4-2 and 4-3 of the Norwegian Securities Trading Act and chapter 4 of the Norwegian Securities Regulations.

1. Name of the person subject to the notification requirement: Caius Capital LLP

2. Background for the notification: Crossing above 5% holding threshold

3. Name of the issuer: PGS ASA

4. Description of the financial instrument: Equity

5. Type of transaction: Purchase

6. Timing of and market for the transaction: 15th August 2019

7. Price and volume of the transaction: +1,951,815 @ 10.8371

8. Holding after the transaction. 17,937,666 shares (5.2979%)