AI assistant
Fugro N.V. — Major Shareholding Notification 2012
Sep 13, 2012
3845_iss_2012-09-13_7ad73441-d3e7-4398-8ab2-097d36efd82b.pdf
Major Shareholding Notification
Open in viewerOpens in your device viewer
PRESS RELEASE
Leidschendam, The Netherlands, 13 September 2012
FUGRO SOLD STAKE IN EMGS
Fugro announced today that it has sold its financial investment (27,777,778 shares representing up to 14%) in Electromagnetic Geoservices ASA (EMGS) in Norway for a total value of approximately NOK 444.4 million (EUR 60 million).
Fugro obtained the shares in April 2011 as result of the conversion of a convertible loan that Fugro provided to EMGS in April 2009.
For further information: Fugro N.V. A. Steenbakker, Chairman Board of Management Telephone +31 70 311 11 12
Fugro collects, processes and interprets data related to the earth's surface and soil composition and provides advice based on the results. As an extension to these activities, Fugro provides services such as precise positioning, construction materials testing, reservoir engineering and data management. Fugro's operations have been organised into three divisions: Geotechnical, Survey and Geoscience. Fugro is listed on Euronext Amsterdam and is included in the AEX-Index. Fugro has approximately 14,400 employees in more than sixty countries