Subsea 7 S.A. mandatory notification of share trades
Luxembourg – 21 November 2022 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) announces mandatory notification of the following share transaction by a person discharging managerial responsibilities:
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | Marcelo Lopes Xavier |
| 2 | Reason for the notification | |
| a) | Position/status | Executive Vice President – Strategy & Sustainability |
| 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 |
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |
| a) | Description of the financial instrument, type of instrument Identification code | Shares Oslo Børs: SUBC ISIN LU0075646355 LU0075646355 |
| b) | Nature of the transaction | Share sale |
| c) | Price(s) and volume(s) | Price: NOK 105.85 Volume: 2,163 |
| d) | Aggregated information | N/A |
| e) | Date of the transaction | 2022-11-18 |
| f) | Place of the transaction | Oslo Børs |
This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.
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Subsea7 creates sustainable value by delivering the offshore energy transition solutions the world needs.
Subsea7 is listed on the Oslo Børs (SUBC), ISIN LU0075646355, LEI 222100AIF0CBCY80AH62.
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Contact for investment community enquiries:
Katherine Tonks
Investor Relations Director
Tel 8
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