Related Party Transaction • Dec 23, 2022
Related Party Transaction
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| 1 | Details of the Primary Insider/Close Associate | |||
|---|---|---|---|---|
| a) | Name | REDWHEEL - RWC EUROPEAN FOCUS (CAYMAN) |
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| 2 | Reason for the notification | |||
| a) | Position/status | Person closely associated with Petteri Soininen, board member (a PDMR of the issuer) |
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| b) | Initial notification/Amendment | Initial notification | ||
| 3 | Details of issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||
| a) | Name | Electromagnetic Geoservices ASA | ||
| b) | LEI | 5967007LIEEXZXI7OG55 | ||
| 4 | Details of the transaction(s): | |||
| a) | Description of the financial instrument, type of instrument Identification code |
ISIN NO0010821010 – Elec ASA 18/25 FRN USD FLOOR STEP C CONV |
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| b) | Nature of the transaction | Sale of bonds under public, voluntary buy-back offer made by the issuer | ||
| c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
| 86.5 per cent of par (USD 86.5 per Bond) |
48,800 | |||
| d) | Aggregated information | 48,800 bonds sold, each at USD 86.5 (being equal to 86.5 per cent of par) and an aggregate price of USD 4,221,200 |
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| e) | Date of the transaction | 2022-12-22 | ||
| f) | Place of the transaction | XOFF |
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