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Petroleum Geo-Services ASA : Mandatory Notification of Trade

08 Feb 2012

 

February 8, 2012: Oslo, Norway, Petroleum Geo-Services ASA ('PGS' or the 'Company') advises that the Company yesterday re-purchased a total of $800,000 of nominal value of its Convertible Bonds (the CBs') with ISIN NO 0010402761 at a price of 100.25% of nominal value.

 

Following the transaction PGS owns $223,300,000 of CBs representing 55.8% of the total outstanding issue, and 1,223,921 shares.

 

FOR DETAILS, CONTACT:
Bård Stenberg, Investor Relations Manager

Phone:   +47 67 51 43 16

Mobile: +47 99 24 52 35

Tore Langballe, SVP Corporate Communications

Phone:   +47 67 51 43 75

Mobile: +47 90 77 78 41

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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Tore Langballe
Senior Vice President Group Communications
Direct: +47 67 52 64 00
Cell: +47 907 77 841
info@pgs.com

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