Today: December 12, 2018, 2:05 am
  
Business

TGS - Mandatory Notification of Trade

PR-Inside.com: 2018-08-09 22:11:01

HOUSTON, TEXAS (9 August 2018) - Zhiming Li, SVP Imaging, has today sold 32,800 shares in TGS-Nopec Geophysical Company ASA at an average price of NOK 347.8834 per share. Following the transaction, Mr. Li holds 75,694 shares and 89,000 Performance Share Units (PSUs) in the company.


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, 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 principle 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
SVP Investor Relations, HR & Communication
Tel: +1 713 860 2184 
Email: will.ashby@tgs.com

 

 

This information is subject to the disclosure requirements pursuant to section 5-12 of the 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




# 566 Words
Related Articles
More From The Author
EURO Ressources reports earnings for the 2nd [..]
Paris, France, August 9, 2018:  EURO Ressources S.A. ("EURO" or "the Company") (Paris: EUR) today announced [..]
Cyber Security 1 AB: CYBER1 ENTERS EXCLUSIVE [..]
PRESS RELEASE                                                                                 London, [..]
A.M. Best Affirms Credit Ratings of Milli [..]
A.M. Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of [..]
A.M. Best Affirms Credit Ratings of Delvag [..]
A.M. Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of [..]
Medtronic Launches Patient Engagement Program That Leverages [..]
DUBLIN - August 9, 2018 - Medtronic today announced the official U.S. launch of the Medtronic Inner CircleSM patient engagement [..]
 
More From Business
Cross Talks Awarded $5K Grant from the [..]
The Penn State Brandywine Boost, a program of the Invent Penn State initiative, has selected Delaware State Chamber Member, Soraya [..]
Huber Needles: Market is likely to register [..]
This Market Study provides key insights and forecast on the global Huber needles market for the forecast period 2017-2024. The [..]
GTA Boosting Offers the Best Way to [..]
10 December 2018 – GTA Boosting is offering the most effective and straightforward way to buy gta online money in [..]
Purtier Sales Is The Amazing New Solution [..]
Los Angeles, USA — 6 December 2018 — Purtier Sales is the web site that encourages people to buy the [..]
GPU Servers Offers the Best Quality Service
6 December 2018 – GPU Servers is offering the very best way to make the most from the gpu dedicated [..]

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.