AI assistant
Subsea 7 — Director's Dealing 2021
Mar 23, 2021
6244_dirs_2021-03-23_fa33ed75-0440-4b22-88b0-8d77d2acfdba.pdf
Director's Dealing
Open in viewerOpens in your device viewer
Subsea 7 S.A. mandatory notification of share trades
Luxembourg – 23 March 2021 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) announces mandatory notification of the following share transaction by a primary insider:
| 1 | Details of the person discharging managerial responsibilities/person closely associated |
||
|---|---|---|---|
| a) | Name | Cayman Islands | Siem Industries S.A., P.O. Box 309, South Church Street, George Town, Grand Cayman, KY1-1104, |
| 2 | Reason for the notification | ||
| a) | Position/status | Chairman of Siem Industries S.A., Mr. Kristian Siem, is the Chairman of the Issuer |
|
| 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 | |
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
||
| a) | Description of the financial | Shares ISIN LU0075646355 |
|
| instrument, type of instrument |
|||
| Identification code | |||
| b) | Nature of the transaction | Sale of shares | |
| c) | Price(s) and volume(s) | Price 90.9946 |
Volume 4,000,000 |
| d) | Aggregated information | 4,000,000 shares sold NOK 90.9946 per share |
|
| e) | Date of the transaction | 2021-03-22 |
Following this transaction, the aggregate number of shares held by Siem Industries SA. in Subsea 7 S.A. is 69,035,377.
**************************************
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
Subsea 7 is listed on the Oslo Børs (SUBC), ISIN LU0075646355, LEI 222100AIF0CBCY80AH62.
Contact for investment community enquiries:
Katherine Tonks Investor Relations Director Tel +44 20 8210 5568 [email protected] www.subsea7.com