CGGVeritas: General Meeting of Shareholders and Five-for-One Stock Split
May 15 2008 - 1:00AM
PR Newswire (US)
PARIS, May 15 /PRNewswire-FirstCall/ -- CGGVeritas (ISIN:
0000120164 - NYSE: CGV) reports that shareholders voted in favor of
all resolutions during the Annual Meeting of shareholders (AGM)
that was held April 29th 2008. 54.3% of total share capital
outstanding was present or represented at the AGM. An overview of
the voting results per resolution is available on the CGGVeritas
website at http://www.cggveritas.com/. A five-for-one stock split
was approved for the CGGVeritas ordinary shares listed on Euronext
Paris. Each shareholder of record at market close on June 2nd 2008
will receive five additional shares for every outstanding share
held on the record date and trading will begin on a split-adjusted
basis on June 3rd, 2008. This five-for-one split will not apply to
the American Depositary Shares (ADSs) listed on the New York Stock
Exchange (NYSE). As a result of the split, starting June 3rd, 2008,
each ADS will represent one share. About CGGVeritas: CGGVeritas
(http://www.cggveritas.com/) is a leading international pure-play
geophysical company delivering a wide range of technologies,
services and equipment through Sercel, to its broad base of
customers mainly throughout the global oil and gas industry.
CGGVeritas is listed on Euronext Paris SA (ISIN: 0000120164) and
the New York Stock Exchange (in the form of American Depositary
Shares, NYSE: CGV). Investor Relations Contacts: Paris: Houston:
Christophe Barnini Hovey Cox Tel: +33-1-64-47-38-10 Tel:
+1-832-351-8821 E-Mail: E-Mail: DATASOURCE: CGGVeritas CONTACT:
Investor Relations Contacts: Paris: Christophe Barnini, Tel:
+33-1-64-47-38-10, E-Mail: ; Houston: Hovey Cox, Tel:
+1-832-351-8821, E-Mail:
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