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Subsea 7 — Director's Dealing 2021
Oct 11, 2021
6244_dirs_2021-10-11_fc7decab-96ef-41b8-b7f7-d16f12fd577e.html
Director's Dealing
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Subsea 7 S.A. Mandatory notification of share trades (corrected)
Subsea 7 S.A. Mandatory notification of share trades (corrected)
Luxembourg - 11 October 2021 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY)
issues a revised notification of the following share transaction by a primary
insider. The update corrects section "4(f) - Place of the transaction" of the
publication on 4 October 2021 relating to Stuart Fitzgerald.
+--+---------------------------------------------------------------------------+
|1 |Details of the person discharging managerial responsibilities/person |
| |closely associated |
+--+-----------------------------------+---------------------------------------+
|a)|Name |Stuart Fitzgerald |
+--+-----------------------------------+---------------------------------------+
|2 |Reason for the notification |
+--+-----------------------------------+---------------------------------------+
|a)|Position/status |Chief Executive Officer, Seaway 7 ASA |
+--+-----------------------------------+---------------------------------------+
|b)|Initial notification/ Amendment |Initial notification |
+--+-----------------------------------+---------------------------------------+
|3 |Details of the issuer, emission allowance market participant, auction |
| |platform, auctioneer or auction monitor |
+--+-----------------------------------+---------------------------------------+
|a)|Name |Subsea 7 S.A. |
+--+-----------------------------------+---------------------------------------+
|b)|LEI |222100AIF0CBCY80AH62 |
+--+-----------------------------------+---------------------------------------+
| |Details of the transaction(s): section to be repeated for (i) each type of |
|4 |instrument; (ii) each type of transaction; (iii) each date; and (iv) each |
| |place where transactions have been conducted |
+--+-----------------------------------+---------------------------------------+
| |Description of the financial |Subsea 7 S.A. shares |
|a)|instrument, type of instrument | |
| |Identification code |Oslo Børs: SUBC |
| | |ISIN LU0075646355 |
+--+-----------------------------------+---------------------------------------+
|b)|Nature of the transaction |Vesting (award) of shares under the |
| | |Issuers Long Term Incentive Plan (LTIP)|
+--+-----------------------------------+---------------------------------------+
|c)|Price(s) and volume(s) |Volume: 6,469 |
| | |Price: NOK 74.62 |
+--+-----------------------------------+---------------------------------------+
|d)|Aggregated information |N/A |
+--+-----------------------------------+---------------------------------------+
|e)|Date of the transaction |2021-10-01 (1 October 2021) |
+--+-----------------------------------+---------------------------------------+
|f)|Place of the transaction |Vesting - outside a trading venue |
+--+-----------------------------------+---------------------------------------+
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Subsea 7 is a global leader in the delivery of offshore projects and services
for the evolving energy industry, creating sustainable value by being the
industry's partner and employer of choice in delivering the efficient offshore
solutions the world needs.
Subsea 7 is listed on the Oslo Børs (SUBC), ISIN LU0075646355, LEI
222100AIF0CBCY80AH62.
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Contact for investment community enquiries:
Katherine Tonks
Investor Relations Director
Tel +44 20 8210 5568
[email protected] (mailto:[email protected])
www.subsea7.com