EMGS Electromagnetic GeoServices AS

EMGS: Disclosure of Large Shareholding (Flagging)

EMGS: Disclosure of Large Shareholding (Flagging)

On 28 March 2025, Siem Investments S.à r.l., holding 43,327,467 shares in Electromagnetic Geoservices ASA (33.08% of shares and votes), was merged into Momentum S.à r.l.

Both entities are wholly owned subsidiaries of Siem Industries S.A. The merger did not result in any change in ultimate control.

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



EN
28/03/2025

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Reports on Electromagnetic GeoServices AS

 PRESS RELEASE

EMGS reports fourth quarter 2025 results

EMGS reports fourth quarter 2025 results Electromagnetic Geoservices ASA’s (“EMGS” or the “Company”) financial report for the fourth quarter of 2025 is attached. Summary: * The Company recorded revenues of USD 3.9 million, down from USD 9.7 million in the fourth quarter of 2024. * Adjusted EBITDA (including capitalised multi-client expenses and vessel and office lease expenses) of negative USD 1.3 million, down from USD 7.9 million in the fourth quarter of 2024.* EMGS impaired USD 3.9 million in long-term assets and USD 2.7 million in inventory in the fourth quarter * The Company continu...

 PRESS RELEASE

EMGS – Vessel activity and multi-client sales update for the fourth qu...

EMGS – Vessel activity and multi-client sales update for the fourth quarter 2025 Electromagnetic Geoservices ASA (the “Company” or “EMGS”) releases information on vessel activity and multi-client sales during the quarter approximately 4-5 working days after the close of each quarter. The Company defines vessel utilisation as the percentage of the vessel charter period spent on proprietary or multi-client data acquisition. Downtime (technical or maritime), mobilisation, steaming, and some standby activities are not included in the utilisation rate.  The Atlantic Guardian was redelivered to h...

 PRESS RELEASE

EMGS: Going Concern & Capital Structure

EMGS: Going Concern & Capital Structure Reference is made to the stock exchange announcement published by Electromagnetic Geoservices ASA's (the "Company" or "EMGS") on 5 November 2025 and to the Company's interim financial report for the third quarter of 2025. As announced, EMGS expects to require additional funding within the near term to sustain operations, and the Company is evaluating several alternatives to preserve value for its stakeholders, including restructuring options. The Company has retained an external advisory firm to support in the ongoing evaluation of all available opti...

 PRESS RELEASE

EMGS reports third quarter 2025 results

EMGS reports third quarter 2025 results Electromagnetic Geoservices ASA’s (“EMGS” or the “Company”) financial report for the third quarter of 2025 is attached. No separate market presentation will be published this quarter. Summary: * The Company recorded revenues of USD 0.1 million, down from USD 1.1 million in the third quarter of 2024. * Adjusted EBITDA (including capitalised multi-client expenses and vessel and office lease expenses) of negative USD 6.3 million, down from negative USD 5.9 million in the third quarter of 2024.* Free cash increased with USD 0.2 million during the quarte...

 PRESS RELEASE

EMGS – Vessel activity and multi-client sales update for the third qua...

EMGS – Vessel activity and multi-client sales update for the third quarter 2025 Electromagnetic Geoservices ASA (the “Company” or “EMGS”) releases information on vessel activity and multi-client sales during the quarter approximately 4-5 working days after the close of each quarter. The Company defines vessel utilisation as the percentage of the vessel charter period spent on proprietary or multi-client data acquisition. Downtime (technical or maritime), mobilisation, steaming, and some standby activities are not included in the utilisation rate.  At the end of the third quarter 2025 the Co...

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