Luxembourg - 4 October 2021 - Subsea 7 S.A. (Oslo BĂžrs: SUBC, ADR: SUBCY)
announces mandatory notification of the following share transactions by primary
insiders:
âŠ
Vis bĂžrsmeldingen
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|1 |Details of the person discharging managerial responsibilities/person |
| |closely associated |
±â±---------------------------------±-------------------------------------+
|a) |Name |John Evans |
±â±---------------------------------±-------------------------------------+
|2 |Reason for the notification |
±â±---------------------------------±-------------------------------------+
|a) |Position/status |Chief Executive Officer |
±â±---------------------------------±-------------------------------------+
|b) |Initial notification/ Amendment |Initial notification |
±â±---------------------------------±-------------------------------------+
|3 |Details of the issuer, emission allowance market participant, auction |
| |platform, auctioneer or auction monitor |
±â±---------------------------------±-------------------------------------+
|a) |Name |Subsea 7 S.A. |
±â±---------------------------------±-------------------------------------+
|b) |LEI |222100AIF0CBCY80AH62 |
±â±---------------------------------±-------------------------------------+
| |Details of the transaction(s): section to be repeated for (i) each type |
|4 |of instrument; (ii) each type of transaction; (iii) each date; and (iv) |
| |each place where transactions have been conducted |
±â±---------------------------------±-------------------------------------+
| |Description of the financial |Subsea 7 S.A. shares |
|a) |instrument, type of instrument | |
| |Identification code |Oslo BĂžrs: SUBC |
| | |ISIN LU0075646355 |
±â±---------------------------------±-------------------------------------+
| | |Vesting (award) of shares under the |
|b)1.|Nature of the transaction |Issuers Long Term Incentive Plan |
| | |(LTIP) |
±â±---------------------------------±-------------------------------------+
|b)2.|Price(s) and volume(s) |Volume: 20,123 |
| | |Price: NOK 73.883691 |
±â±---------------------------------±-------------------------------------+
|c)1.|Nature of the transaction |Sale of shares to satisfy tax charge |
| | |on vesting of shares |
±â±---------------------------------±-------------------------------------+
|c)2.|Price(s) and volume(s) |Volume: 9,515 |
| | |Price: NOK 73.883691 |
±â±---------------------------------±-------------------------------------+
|d) |Aggregated information |N/A |
±â±---------------------------------±-------------------------------------+
|e) |Date of the transaction |2021-10-01 (1 October 2021) |
±â±---------------------------------±-------------------------------------+
|f) |Place of the transaction |Vesting - outside a trading venue |
| | |Share sale - Oslo BĂžrs |
±â±---------------------------------±-------------------------------------+
±â±------------------------------------------------------------------------+
|1 |Details of the person discharging managerial responsibilities/person |
| |closely associated |
±â±---------------------------------±-------------------------------------+
|a) |Name |Ricardo Rosa |
±â±---------------------------------±-------------------------------------+
|2 |Reason for the notification |
±â±---------------------------------±-------------------------------------+
|a) |Position/status |Chief Financial Officer |
±â±---------------------------------±-------------------------------------+
|b) |Initial notification/ Amendment |Initial notification |
±â±---------------------------------±-------------------------------------+
|3 |Details of the issuer, emission allowance market participant, auction |
| |platform, auctioneer or auction monitor |
±â±---------------------------------±-------------------------------------+
|a) |Name |Subsea 7 S.A. |
±â±---------------------------------±-------------------------------------+
|b) |LEI |222100AIF0CBCY80AH62 |
±â±---------------------------------±-------------------------------------+
| |Details of the transaction(s): section to be repeated for (i) each type |
|4 |of instrument; (ii) each type of transaction; (iii) each date; and (iv) |
| |each place where transactions have been conducted |
±â±---------------------------------±-------------------------------------+
| |Description of the financial |Subsea 7 S.A. shares |
|a) |instrument, type of instrument | |
| |Identification code |Oslo BĂžrs: SUBC |
| | |ISIN LU0075646355 |
±â±---------------------------------±-------------------------------------+
| | |Vesting (award) of shares under the |
|b)1.|Nature of the transaction |Issuers Long Term Incentive Plan |
| | |(LTIP) |
±â±---------------------------------±-------------------------------------+
|b)2.|Price(s) and volume(s) |Volume: 16,340 |
| | |Price: NOK 73.883691 |
±â±---------------------------------±-------------------------------------+
|c)1.|Nature of the transaction |Sale of shares to satisfy tax charge |
| | |on vesting of shares |
±â±---------------------------------±-------------------------------------+
|c)2.|Price(s) and volume(s) |Volume: 7,727 |
| | |Price: NOK 73.883691 |
±â±---------------------------------±-------------------------------------+
|d) |Aggregated information |N/A |
±â±---------------------------------±-------------------------------------+
|e) |Date of the transaction |2021-10-01 (1 October 2021) |
±â±---------------------------------±-------------------------------------+
|f) |Place of the transaction |Vesting - outside a trading venue |
| | |Share sale - Oslo BĂžrs |
±â±---------------------------------±-------------------------------------+
±â±------------------------------------------------------------------------+
|1 |Details of the person discharging managerial responsibilities/person |
| |closely associated |
±â±---------------------------------±-------------------------------------+
|a) |Name |Olivier Blaringhem |
±â±---------------------------------±-------------------------------------+
|2 |Reason for the notification |
±â±---------------------------------±-------------------------------------+
|a) |Position/status |Executive Vice President - Subsea & |
| | |Conventional |
±â±---------------------------------±-------------------------------------+
|b) |Initial notification/ Amendment |Initial notification |
±â±---------------------------------±-------------------------------------+
|3 |Details of the issuer, emission allowance market participant, auction |
| |platform, auctioneer or auction monitor |
±â±---------------------------------±-------------------------------------+
|a) |Name |Subsea 7 S.A. |
±â±---------------------------------±-------------------------------------+
|b) |LEI |222100AIF0CBCY80AH62 |
±â±---------------------------------±-------------------------------------+
| |Details of the transaction(s): section to be repeated for (i) each type |
|4 |of instrument; (ii) each type of transaction; (iii) each date; and (iv) |
| |each place where transactions have been conducted |
±â±---------------------------------±-------------------------------------+
| |Description of the financial |Subsea 7 S.A. shares |
|a) |instrument, type of instrument | |
| |Identification code |Oslo BĂžrs: SUBC |
| | |ISIN LU0075646355 |
±â±---------------------------------±-------------------------------------+
| | |Vesting (award) of shares under the |
|b)1.|Nature of the transaction |Issuers Long Term Incentive Plan |
| | |(LTIP) |
±â±---------------------------------±-------------------------------------+
|b)2.|Price(s) and volume(s) |Volume: 8,560 |
| | |Price: NOK 74.62 |
±â±---------------------------------±-------------------------------------+
|c)1.|Nature of the transaction |Sale of shares to satisfy tax charge |
| | |on vesting of shares |
±â±---------------------------------±-------------------------------------+
|c)2.|Price(s) and volume(s) |Volume: 4,075 |
| | |Price: NOK 74.62 |
±â±---------------------------------±-------------------------------------+
|d) |Aggregated information |N/A |
±â±---------------------------------±-------------------------------------+
|e) |Date of the transaction |2021-10-01 (1 October 2021) |
±â±---------------------------------±-------------------------------------+
|f) |Place of the transaction |Vesting - outside a trading venue |
| | |Share sale - Oslo BĂžrs |
±â±---------------------------------±-------------------------------------+
±-±--------------------------------------------------------------------------+
|1 |Details of the person discharging managerial responsibilities/person |
| |closely associated |
±-±----------------------------------±--------------------------------------+
|a)|Name |Stuart Fitzgerald |
±-±----------------------------------±--------------------------------------+
|2 |Reason for the notification |
±-±----------------------------------±--------------------------------------+
|a)|Position/status |Chief Executive Officer, Seaway 7 ASA |
±-±----------------------------------±--------------------------------------+
|b)|Initial notification/ Amendment |Initial notification |
±-±----------------------------------±--------------------------------------+
|3 |Details of the issuer, emission allowance market participant, auction |
| |platform, auctioneer or auction monitor |
±-±----------------------------------±--------------------------------------+
|a)|Name |Subsea 7 S.A. |
±-±----------------------------------±--------------------------------------+
|b)|LEI |222100AIF0CBCY80AH62 |
±-±----------------------------------±--------------------------------------+
| |Details of the transaction(s): section to be repeated for (i) each type of |
|4 |instrument; (ii) each type of transaction; (iii) each date; and (iv) each |
| |place where transactions have been conducted |
±-±----------------------------------±--------------------------------------+
| |Description of the financial |Subsea 7 S.A. shares |
|a)|instrument, type of instrument | |
| |Identification code |Oslo BĂžrs: SUBC |
| | |ISIN LU0075646355 |
±-±----------------------------------±--------------------------------------+
|b)|Nature of the transaction |Vesting (award) of shares under the |
| | |Issuers Long Term Incentive Plan (LTIP)|
±-±----------------------------------±--------------------------------------+
|c)|Price(s) and volume(s) |Volume: 6,469 |
| | |Price: NOK 74.62 |
±-±----------------------------------±--------------------------------------+
|d)|Aggregated information |N/A |
±-±----------------------------------±--------------------------------------+
|e)|Date of the transaction |2021-10-01 (1 October 2021) |
±-±----------------------------------±--------------------------------------+
|f)|Place of the transaction |Share sale - Oslo BĂžrs |
±-±----------------------------------±--------------------------------------+
±â±------------------------------------------------------------------------+
|1 |Details of the person discharging managerial responsibilities/person |
| |closely associated |
±â±---------------------------------±-------------------------------------+
|a) |Name |Phillip Simons |
±â±---------------------------------±-------------------------------------+
|2 |Reason for the notification |
±â±---------------------------------±-------------------------------------+
|a) |Position/status |Executive Vice President - Projects & |
| | |Operations |
±â±---------------------------------±-------------------------------------+
|b) |Initial notification/ Amendment |Initial notification |
±â±---------------------------------±-------------------------------------+
|3 |Details of the issuer, emission allowance market participant, auction |
| |platform, auctioneer or auction monitor |
±â±---------------------------------±-------------------------------------+
|a) |Name |Subsea 7 S.A. |
±â±---------------------------------±-------------------------------------+
|b) |LEI |222100AIF0CBCY80AH62 |
±â±---------------------------------±-------------------------------------+
| |Details of the transaction(s): section to be repeated for (i) each type |
|4 |of instrument; (ii) each type of transaction; (iii) each date; and (iv) |
| |each place where transactions have been conducted |
±â±---------------------------------±-------------------------------------+
| |Description of the financial |Subsea 7 S.A. shares |
|a) |instrument, type of instrument | |
| |Identification code |Oslo BĂžrs: SUBC |
| | |ISIN LU0075646355 |
±â±---------------------------------±-------------------------------------+
| | |Vesting (award) of shares under the |
|b)1.|Nature of the transaction |Issuers Long Term Incentive Plan |
| | |(LTIP) |
±â±---------------------------------±-------------------------------------+
|b)2.|Price(s) and volume(s) |Volume: 9,316 |
| | |Price: NOK 73.883691 |
±â±---------------------------------±-------------------------------------+
|c)1.|Nature of the transaction |Sale of shares to satisfy tax charge |
| | |on vesting of shares |
±â±---------------------------------±-------------------------------------+
|c)2.|Price(s) and volume(s) |Volume: 4,499 |
| | |Price: NOK 73.883691 |
±â±---------------------------------±-------------------------------------+
|d) |Aggregated information |N/A |
±â±---------------------------------±-------------------------------------+
|e) |Date of the transaction |2021-10-01 (1 October 2021) |
±â±---------------------------------±-------------------------------------+
|f) |Place of the transaction |Vesting - outside a trading venue |
| | |Share sale - Oslo BĂžrs |
±â±---------------------------------±-------------------------------------+
±â±------------------------------------------------------------------------+
|1 |Details of the person discharging managerial responsibilities/person |
| |closely associated |
±â±---------------------------------±-------------------------------------+
|a) |Name |Stephen McNeill |
±â±---------------------------------±-------------------------------------+
|2 |Reason for the notification |
±â±---------------------------------±-------------------------------------+
|a) |Position/status |Chief Operating Officer, Seaway 7 ASA |
±â±---------------------------------±-------------------------------------+
|b) |Initial notification/ Amendment |Initial notification |
±â±---------------------------------±-------------------------------------+
|3 |Details of the issuer, emission allowance market participant, auction |
| |platform, auctioneer or auction monitor |
±â±---------------------------------±-------------------------------------+
|a) |Name |Subsea 7 S.A. |
±â±---------------------------------±-------------------------------------+
|b) |LEI |222100AIF0CBCY80AH62 |
±â±---------------------------------±-------------------------------------+
| |Details of the transaction(s): section to be repeated for (i) each type |
|4 |of instrument; (ii) each type of transaction; (iii) each date; and (iv) |
| |each place where transactions have been conducted |
±â±---------------------------------±-------------------------------------+
| |Description of the financial |Subsea 7 S.A. shares |
|a) |instrument, type of instrument | |
| |Identification code |Oslo BĂžrs: SUBC |
| | |ISIN LU0075646355 |
±â±---------------------------------±-------------------------------------+
| | |Vesting (award) of shares under the |
|b)1.|Nature of the transaction |Issuers Long Term Incentive Plan |
| | |(LTIP) |
±â±---------------------------------±-------------------------------------+
|b)2.|Price(s) and volume(s) |Volume: 9,479 |
| | |Price: NOK 73.883691 |
±â±---------------------------------±-------------------------------------+
|c)1.|Nature of the transaction |Sale of shares to satisfy tax charge |
| | |on vesting of shares |
±â±---------------------------------±-------------------------------------+
|c)2.|Price(s) and volume(s) |Volume: 4,578 |
| | |Price: NOK 73.883691 |
±â±---------------------------------±-------------------------------------+
|d) |Aggregated information |N/A |
±â±---------------------------------±-------------------------------------+
|e) |Date of the transaction |2021-10-01 (1 October 2021) |
±â±---------------------------------±-------------------------------------+
|f) |Place of the transaction |Vesting - outside a trading venue |
| | |Share sale - Oslo BĂžrs |
±â±---------------------------------±-------------------------------------+
±â±------------------------------------------------------------------------+
|1 |Details of the person discharging managerial responsibilities/person |
| |closely associated |
±â±---------------------------------±-------------------------------------+
|a) |Name |Nathalie Louys |
±â±---------------------------------±-------------------------------------+
|2 |Reason for the notification |
±â±---------------------------------±-------------------------------------+
|a) |Position/status |General Counsel |
±â±---------------------------------±-------------------------------------+
|b) |Initial notification/ Amendment |Initial notification |
±â±---------------------------------±-------------------------------------+
|3 |Details of the issuer, emission allowance market participant, auction |
| |platform, auctioneer or auction monitor |
±â±---------------------------------±-------------------------------------+
|a) |Name |Subsea 7 S.A. |
±â±---------------------------------±-------------------------------------+
|b) |LEI |222100AIF0CBCY80AH62 |
±â±---------------------------------±-------------------------------------+
| |Details of the transaction(s): section to be repeated for (i) each type |
|4 |of instrument; (ii) each type of transaction; (iii) each date; and (iv) |
| |each place where transactions have been conducted |
±â±---------------------------------±-------------------------------------+
| |Description of the financial |Subsea 7 S.A. shares |
|a) |instrument, type of instrument | |
| |Identification code |Oslo BĂžrs: SUBC |
| | |ISIN LU0075646355 |
±â±---------------------------------±-------------------------------------+
| | |Vesting (award) of shares under the |
|b)1.|Nature of the transaction |Issuers Long Term Incentive Plan |
| | |(LTIP) |
±â±---------------------------------±-------------------------------------+
|b)2.|Price(s) and volume(s) |Volume: 10,263 |
| | |Price: NOK 73.883691 |
±â±---------------------------------±-------------------------------------+
|c)1.|Nature of the transaction |Sale of shares to satisfy tax charge |
| | |on vesting of shares |
±â±---------------------------------±-------------------------------------+
|c)2.|Price(s) and volume(s) |Volume: 4,853 |
| | |Price: NOK 73.883691 |
±â±---------------------------------±-------------------------------------+
|d) |Aggregated information |N/A |
±â±---------------------------------±-------------------------------------+
|e) |Date of the transaction |2021-10-01 (1 October 2021) |
±â±---------------------------------±-------------------------------------+
|f) |Place of the transaction |Vesting - outside a trading venue |
| | |Share sale - Oslo BĂžrs |
±â±---------------------------------±-------------------------------------+
±â±------------------------------------------------------------------------+
|1 |Details of the person discharging managerial responsibilities/person |
| |closely associated |
±â±---------------------------------±-------------------------------------+
|a) |Name |Katherine Lyne |
±â±---------------------------------±-------------------------------------+
|2 |Reason for the notification |
±â±---------------------------------±-------------------------------------+
|a) |Position/status |Executive Vice President - Human |
| | |Resources |
±â±---------------------------------±-------------------------------------+
|b) |Initial notification/ Amendment |Initial notification |
±â±---------------------------------±-------------------------------------+
|3 |Details of the issuer, emission allowance market participant, auction |
| |platform, auctioneer or auction monitor |
±â±---------------------------------±-------------------------------------+
|a) |Name |Subsea 7 S.A. |
±â±---------------------------------±-------------------------------------+
|b) |LEI |222100AIF0CBCY80AH62 |
±â±---------------------------------±-------------------------------------+
| |Details of the transaction(s): section to be repeated for (i) each type |
|4 |of instrument; (ii) each type of transaction; (iii) each date; and (iv) |
| |each place where transactions have been conducted |
±â±---------------------------------±-------------------------------------+
| |Description of the financial |Subsea 7 S.A. shares |
|a) |instrument, type of instrument | |
| |Identification code |Oslo BĂžrs: SUBC |
| | |ISIN LU0075646355 |
±â±---------------------------------±-------------------------------------+
| | |Vesting (award) of shares under the |
|b)1.|Nature of the transaction |Issuers Long Term Incentive Plan |
| | |(LTIP) |
±â±---------------------------------±-------------------------------------+
|b)2.|Price(s) and volume(s) |Volume: 6,076 |
| | |Price: NOK 73.883691 |
±â±---------------------------------±-------------------------------------+
|c)1.|Nature of the transaction |Sale of shares to satisfy tax charge |
| | |on vesting of shares |
±â±---------------------------------±-------------------------------------+
|c)2.|Price(s) and volume(s) |Volume: 2,873 |
| | |Price: NOK 73.883691 |
±â±---------------------------------±-------------------------------------+
|d) |Aggregated information | |
| | |N/A |
±â±---------------------------------±-------------------------------------+
|e) |Date of the transaction |2021-10-01 (1 October 2021) |
±â±---------------------------------±-------------------------------------+
|f) |Place of the transaction |Vesting - outside a trading venue |
| | |Share sale - Oslo BĂžrs |
±â±---------------------------------±-------------------------------------+
±â±------------------------------------------------------------------------+
|1 |Details of the person discharging managerial responsibilities/person |
| |closely associated |
±â±---------------------------------±-------------------------------------+
|a) |Name |Jean Cahuzac |
±â±---------------------------------±-------------------------------------+
|2 |Reason for the notification |
±â±---------------------------------±-------------------------------------+
|a) |Position/status |Non-Executive Director |
±â±---------------------------------±-------------------------------------+
|b) |Initial notification/ Amendment |Initial notification |
±â±---------------------------------±-------------------------------------+
|3 |Details of the issuer, emission allowance market participant, auction |
| |platform, auctioneer or auction monitor |
±â±---------------------------------±-------------------------------------+
|a) |Name |Subsea 7 S.A. |
±â±---------------------------------±-------------------------------------+
|b) |LEI |222100AIF0CBCY80AH62 |
±â±---------------------------------±-------------------------------------+
| |Details of the transaction(s): section to be repeated for (i) each type |
|4 |of instrument; (ii) each type of transaction; (iii) each date; and (iv) |
| |each place where transactions have been conducted |
±â±---------------------------------±-------------------------------------+
| |Description of the financial |Subsea 7 S.A. shares |
|a) |instrument, type of instrument | |
| |Identification code |Oslo BĂžrs: SUBC |
| | |ISIN LU0075646355 |
±â±---------------------------------±-------------------------------------+
| | |Vesting (award) of shares under the |
|b)1.|Nature of the transaction |Issuers Long Term Incentive Plan |
| | |(LTIP) |
±â±---------------------------------±-------------------------------------+
|b)2.|Price(s) and volume(s) |Volume: 36,708 |
| | |Price: NOK 73.883691 |
±â±---------------------------------±-------------------------------------+
|c)1.|Nature of the transaction |Sale of shares to satisfy tax charge |
| | |on vesting of shares |
±â±---------------------------------±-------------------------------------+
|c)2.|Price(s) and volume(s) |Volume: 16,619 |
| | |Price: NOK 73.883691 |
±â±---------------------------------±-------------------------------------+
|d) |Aggregated information |N/A |
±â±---------------------------------±-------------------------------------+
|e) |Date of the transaction |2021-10-01 (1 October 2021) |
±â±---------------------------------±-------------------------------------+
|f) |Place of the transaction |Vesting - outside a trading venue |
| | |Share sale - Oslo BĂžrs |
±â±---------------------------------±-------------------------------------+
Subsea 7 is a global leader in the delivery of offshore projects and services
for the evolving energy industry, creating sustainable value by being the
industryâs partner and employer of choice in delivering the efficient offshore
solutions the world needs.
Subsea 7 is listed on the Oslo BĂžrs (SUBC), ISIN LU0075646355, LEI
222100AIF0CBCY80AH62.
Contact for investment community enquiries:
Katherine Tonks
Investor Relations Director
Tel +44 20 8210 5568
katherine.tonks@subsea7.com (mailto:katherine.tonks@subsea7.com)
www.subsea7.com
Kilde