PGS PGS ASA

PGS ASA: Mandatory Notification of Trade

PGS ASA: Mandatory Notification of Trade

December 8, 2023, Oslo, Norway: Ebrahim Attarzadeh, Board member of PGS, has today sold 140 000 shares in the Company at an average price of NOK 8.084 per share. After the transaction, Mr. Attarzadeh does not own shares in PGS.

The PDMR notification form is attached to this notice and can be downloaded from

This information is subject to the disclosure requirements pursuant to MAR article 19 and Section 5-12 of the Norwegian Securities Trading Act.

 

Attachment



EN
08/12/2023

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Reports on PGS ASA

Steffen Evjen
  • Steffen Evjen

Winter is coming

Streamer vessel demand remains muted (2024e tracks ~10% below pandemic levels). We believe a potential recovery in the TGS equity case rests on supply-side discipline remaining intact despite what appears to be a challenging winter season utilisation-wise along with key peer Shearwater’s cash flow-supportive agreement with Viridien expiring in January.

ABGSC Oil & Oil Services Research ... (+6)
  • ABGSC Oil & Oil Services Research
  • Haakon Amundsen
  • John Olaisen
  • Martin Mauseth
  • Oliver Dunvold
  • Stian Wibstad

Crude Quarterly Q3'24: Lower oil price

Oil inventory draws for the rest of 2024. IEA is wrong – peak demand is not imminent. Both E&P and oil service shares look highly attractive.

ABGSC Oil & Oil Services Research ... (+2)
  • ABGSC Oil & Oil Services Research
  • John Olaisen

Terminating coverage

ABGSC has ceased coverage of PGS due to its acquisition by TGS.

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