FAQ

Frequently asked questions about PGS shares and other investment related items.

General FAQ


1. How many shares are there in PGS and where are they located?
There are 239 579 996 ordinary shares outstanding (including shares represented by ADSs). The Norwegian holdings represent 111 944 118 shares, or approximately 47% of the total number of our shares outstanding, the UK holdings represent 61 108 568 shares, or approximately 26% of the total numbers of our shares outstanding and the USholdings represent 19 117 683 shares, or approximately 8% of the total number of our shares as of August 8, 2016.

2. What is the address of PGS’ headquarters?
Petroleum Geo-Services ASA
Lilleakerveien 4C
N-0216 Oslo, Norway

3. What is PGS’ fiscal year and corresponding earnings release dates?
PGS’ fiscal year runs from 1 January to 31 December.  Key earnings dates are listed in the Investor Relations Financial Calendar.

4. What is the debt rating on PGS?
Moody’s Investors Service has a “Caa1” rating on PGS, while Standard & Poor’s Ratings Services has a “CCC+” rating. Both with Negative outlook.
 
5. Does PGS pay dividends?
PGS has a dividend policy aiming at distributing 25-50% of net income as dividends over the business cycle.

6. When is the next Annual General Meeting?
PGS’ Annual General Meeting of Shareholders is held each year before the end of June. Please view our Financial Calendar under Investor Relations for more information.

7. How can I contact investor relations at PGS?
You can reach investor relations at PGS by sending us an e-mail at ir@pgs.com.

 

Shares FAQ

Who is custodial bank for PGS Ordinary Shares?
DnB NOR Bank ASA,
Stranden 21,
Aker Brygge,
Oslo,
Norway.

Postal adress:
N-0021 Oslo,
0107 Oslo,
Norway.

Phone:+47 22 48 35 90

Where are PGS Ordinary Shares traded?
The Oslo Stock Exchange under the symbol “PGS”.

How do I buy PGS Ordinary Shares?
You can buy PGS' Ordinary Shares by contacting a stock broker or an investment advisor.

How can I find out how many Ordinary Shares I have?
You can obtain information about your account balance by contacting your registrar investor, that is your bank or broker that opened your Verdipapirsentralen (VPS) account.

Who should I notify of a change of address?
You can change your address by contacting your registrar investor, that is your bank or broker that opened your Verdipapirsentralen (VPS) account.

What is the ADR/Ordinary Share ratio?
One ADR represents one Ordinary Share.