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TGS ASA

Share Issue/Capital Change Oct 11, 2022

3774_rns_2022-10-11_2ab9bea3-3e94-4d38-a584-76e2ebd0272e.html

Share Issue/Capital Change

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TGS - New Share Capital Registered

TGS - New Share Capital Registered

OSLO, Norway (11 October 2022) - Reference is made to the stock exchange

announcement today regarding the issuance of consideration shares under the

recommended voluntary exchange offer by TGS ASA to acquire all shares in Magseis

Fairfield ASA.

The share capital increase pertaining to the issuance of the 8,726,649

consideration shares has today been registered with the Norwegian Register of

Business Enterprises (Nw.: Foretaksregisteret). The new registered share capital

of TGS ASA is thus NOK 31,231,859.50, divided on 124,927,438 shares with a

nominal value of NOK 0.25 each.

Contact:

TGS: Sven Børre Larsen,

CFO Tel: +47 909 43 673

Email: [email protected]

About TGS:

TGS provides scientific data and intelligence to companies active in the energy

sector. In addition to a global, extensive and diverse energy data library, TGS

offers specialized services such as advanced processing and analytics alongside

cloud-based data applications and solutions.

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