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Reference is made to the joint stock exchange announcements on 11 June 2024 by PGS ASA ("PGS" or the “Company”, OSE: PGS) and TGS ASA ("TGS", OSE: TGS) regarding the combination of the two companies (the "Merger") to establish the premier energy data company being declared unconditional with an expected closing date on 1 July 2024. Reference is further made to the long-term incentive plans issued by PGS dated 21 April 2021, 27 April 2022 and 26 April 2023 (the “LTI Plans”) pursuant to which employees in PGS and its subsidiaries have been granted Performance based Restricted Stock Units (“PRSUs”).
June 26, 2024, Oslo, Norway: PGS held its Annual General Meeting today. The Annual General Meeting resolved to approve all matters as proposed in the Calling Notice. The minutes from the Annual General Meeting can be downloaded from www.newsweb.no or www.pgs.com.
Oslo, Norway (20 June 2024) - Reference is made to the joint stock exchange announcement on 18 September 2023 by TGS ASA ("TGS" or the "Company," OSE: TGS) and PGS ASA ("PGS," OSE: PGS) regarding the combination of the two companies (the "Merger") to establish the premier energy data company, as well as the announcements on 25 October 2023 and 1 December 2023 regarding, respectively, the execution of the definitive merger agreement and approval by the extraordinary general meetings.
Oslo, Norway (11 June 2024) - Reference is made to the joint stock exchange announcement on 18 September 2023 by PGS ASA ("PGS" or the "Company," OSE: PGS) and TGS ASA ("TGS," OSE: TGS) regarding the combination of the two companies (the "Merger") to establish the premier energy data company, as well as subsequent announcements on 25 October 2023 and 1 December 2023 regarding, respectively, the execution of the definitive merger agreement and approval by the extraordinary general meetings.
May 30, 2024, Oslo, Norway: All permits are in place, start-up meeting is completed and data acquisition on the large Petrobras 4D contract is about to start.
May 10, 2024, Oslo, Norway: PGS is awarded a 4D contract in West Africa for an international energy company. Mobilization is scheduled for early September. The contract has a total duration of approximately 65 days, with an option to extend.