Today: December 17, 2017, 2:45 pm
  
Business

Share Capital Registered

PR-Inside.com: 2017-11-20 15:20:02

ASKER, NORWAY (20 November 2017) Following the stock option exercises as notified by Oslo Stock Exchange on 9 November 2017, 176,850 new shares were today registered in the Company Register in Brønnøysund for exercises from the 2013 stock option plans secured by warrants. The share capital of TGS is thereafter NOK 25,586,472.50 consisting of 102,345,890 shares at a nominal value of NOK 0.25 per share. TGS holds 116,180 of the issued shares as treasury shares.

 

Company summary     

TGS-NOPEC Geophysical Company (TGS) provides multi-client geoscience data to oil and gas Exploration and Production companies worldwide.  In addition to extensive global geophysical and geological data libraries that include multi-client seismic data, magnetic and gravity data, digital well logs, production data and directional surveys, TGS also offers advanced processing and imaging services, interpretation products, permanent reservoir monitoring and data integration solutions.

For more information visit TGS online at www.tgs.com.

Forward-looking statements and contact information

All statements in this press release other than statements of historical fact are forward-looking statements, which are subject to a number of risks, uncertainties and assumptions that are difficult to predict, and are based upon assumptions as to future events that may not prove accurate. These factors include TGS' reliance on a cyclical industry and principal customers, TGS' ability to continue to expand markets for licensing of data, and TGS' ability to acquire and process data products at costs commensurate with profitability. Actual results may differ materially from those expected or projected in the forward-looking statements. TGS undertakes no responsibility or obligation to update or alter forward-looking statements for any reason.

TGS-NOPEC Geophysical Company ASA is listed on the Oslo Stock Exchange (OSLO:TGS).

TGS sponsored American Depositary Shares trade on the U.S. over-the-counter market under the symbol "TGSGY".


For additional information about this press release please contact:

Sven Børre Larsen
Chief Financial Officer
Tel: +47 90 94 36 73
Email: sven.larsen@tgs.com

Will Ashby
VP HR & Communication
Tel: +1 713 860 2184 
Email: will.ashby@tgs.com

 

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act).

 




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: TGS via Globenewswire




# 583 Words
Related Articles
More From The Author
Medtronic Announces FDA Approval and U.S. Launch [..]
Azure(TM) with BlueSync(TM) Technology Improves Device Longevity and Provides Automatic, Wireless Remote Patient Monitoring DUBLIN [..]
Leading Broker ActivTrades Wins Le Fonti Forex [..]
ActivTrades : This press release features multimedia. View the full release here. ActivTrades was awarded at the Le Fonti Awards [..]
European Commission Extends License for Janssen’s ZYTIGA® [..]
Janssen-Cilag International NV (Janssen) today announced that the European Commission (EC) has granted approval to broaden the [..]
NuCana plc to Participate in the Evercore [..]
EDINBURGH, United Kingdom, Nov. 20, 2017 (GLOBE NEWSWIRE) -- NuCana plc (Nasdaq:NCNA), a clinical-stage biopharmaceutical company [..]
Charlotte Tilbury's Magic Mirror Created By Holition [..]
LONDON, Nov. 20, 2017 (GLOBE NEWSWIRE) -- Charlotte Tilbury's Magic Mirror Created By Holition has been shortlisted as [..]
 
More From Business
This Week, Woo your Friends with Beautiful [..]
The company can provide flowers and cakes to any place around the Adipur or Vadodara town in just 3 to [..]
Eram Scientific Wins India’s First-ever Swachh Bharat [..]
Dubai, United Arab Emirates, December 15, 2017: Eram Group, a diversified business conglomerate headquartered in Dubai, announced [..]
Hire A Bookaskip Mini Skip For That [..]
As we all know, December is ‘party month’ and, although we all love a good party, we are not so [..]
Cirtek Holdings Philippines Corp Holds Its First-Ever [..]
SAN FRANCISCO, CA, Dec 8, 2017 - (ACN Newswire) - All-Asia institutional equities broker Decker & Co. hosted Cirtek Holdings [..]
Business of Intellectual Property (BIP Asia) Forum [..]
Industry Experts Gather in Hong Kong to Promote IP and Innovation HONG KONG, Dec 7, 2017 - (ACN Newswire) - [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.