Electromagnetic Geoservices ASA — Director's Dealing 2017

Jun 23, 2017

EMGS - Mandatory notification of trade

EMGS - Mandatory notification of trade

Perestroika AS, primary insider of Electromagnetic Geoservices ASA (EMGS), has

used their allocated subscription rights to subscribe for 12,504,736 new shares

in the ongoing Rights Issue in EMGS. The price per share is NOK 2.45.

Prior to the transaction, Perestroika AS held 6,993,857 of the issued shares in

EMGS.

An updated overview of the total holding of shares will be published following

the issuance and allocation of the new shares.

This information is subject of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.