Subsea 7 S.A. notification of major holding
August 16 2024 - 11:20AM
UK Regulatory
Subsea 7 S.A. notification of major holding
Luxembourg
– 16 August 2024 – Subsea 7 S.A. (Oslo
Børs: SUBC, ADR: SUBCY) today announced that, on 16 August 2024,
Barclays Capital Securities Limited1 informed the
Company that it had crossed thresholds provided for by Luxembourg’s
Transparency Law of 11 January 2008 on transparency requirements
for issuers of securities as amended (the “Transparency Law”) as
follows:
- On 13 August
2024 the total number of voting rights in the Company directly and
indirectly attached to shares according to Article 8 and 9 was
nil
- On 13 August
2024 the total number of voting rights in the Company attached to
financial instruments with similar economic effect according to
Article 12 (1) (a) of the Transparency Law (right to recall) was
nil
- On 13 August
2024 the total number of voting rights in the Company attached to
financial instruments with similar economic effect according to
Article 12 (1) (b) of the Transparency Law (swaps) was nil
- When combined,
the above positions equated to 0.00% (previously 5.03%) of voting
rights of Subsea 7 S.A on 13 August 2024.
A copy of the notifications received from
Barclays is available on the Subsea7 website www.subsea7.com.
1 A wholly-owned subsidiary of
Barclays Plc
*******************************************************************************
Subsea7 is a global leader in the delivery of offshore projects and
services for the evolving energy industry, creating sustainable
value by being the industry’s partner and employer of choice in
delivering the efficient offshore solutions the world needs.
Subsea7 is listed on the Oslo Børs (SUBC), ISIN LU0075646355,
LEI 222100AIF0CBCY80AH62.
*******************************************************************************
Contact for investment community enquiries:
Katherine Tonks
Investor Relations Director
Tel +44 20 8210 5568
ir@subsea7.com
This information is subject to the disclosure requirements
pursuant to Section 5-12 the Norwegian Securities Trading Act.
This stock exchange release was published by
Katherine Tonks, Investor Relations, Subsea7, on 16 August at 17:20
CET
- SUBC major shareholding disclosure 16 August 2024
- Barclays Notification 16 August 2024
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