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PGS ASA: Mandatory notification of trade

Reference is made to the stock exchange notice by PGS ASA (the "Company") on 4 May 2022 regarding the successfully placed private placement of 216,216,216 new shares in the Company (the "Private Placement"). The ....

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Investegate |PGS ASA Announcements | PGS ASA: PGS ASA: Mandatory notification of trade

Investegate |PGS ASA Announcements | PGS ASA: PGS ASA: Mandatory notification of trade
investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.

Bijl Mysen , Eivind Vester , Ebrahim Attarzadeh , Lars Ragnar , Richard Herbert , Gottfred Langseth , Anne Grethe Dalane , Trond Brandsrud , Kai Reith , Walter Qvam , Marianne Kah , Olav Pedersen , Company The Private Placement , Private Placement , Grethe Dalane , General Counsel , Market Abuse Regulation , Norwegian Securities Trading Act ,

Investegate |PGS ASA Announcements | PGS ASA: PGS ASA: Implementation of Employee 2021 Long Term Incentive Plan


PGS ASA: Implementation of Employee 2021 Long Term Incentive Plan
May 14, 2021: Oslo, Norway, PGS (or the Company ) announces that the 2021 Long Term Incentive Plan (“LTI Plan”), as approved by the Annual General Meeting on April 21, 2021, has now been implemented by allocating 5 993 000 Performance Restricted Stock Units ( PRSUs ).
The awards are based on amongst other considerations the position in the Company and a review on the individual participant s performance prior to award. Any PRSU awarded will, subject to the participant s continued employment with PGS and the Company reaching certain financial goals, be settled three years after award. The complete terms and conditions of the LTI Plan are described in the calling notice for the 2021 Annual General Meeting. ....

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