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2021-10-04

Subsea 7 S.A. - mandatory notification of share trades

Luxembourg – 4 October 2021 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) announces mandatory notification of the following share transactions by primary insiders:

1Details of the person discharging managerial responsibilities/person closely associated
a)NameJohn Evans
2Reason for the notification
a)Position/statusChief Executive Officer
b)Initial notification/ AmendmentInitial notification
3Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)NameSubsea 7 S.A.
b)LEI222100AIF0CBCY80AH62
4Details 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
Subsea 7 S.A. shares

Oslo Børs: SUBC

ISIN LU0075646355
b)1.Nature of the transactionVesting (award) of shares under the Issuers Long Term Incentive Plan (LTIP)
b)2.Price(s) and volume(s)Volume: 20,123

Price: NOK 73.883691
c)1.Nature of the transactionSale of shares to satisfy tax charge on vesting of shares
c)2.Price(s) and volume(s)Volume: 9,515

Price: NOK 73.883691
d)Aggregated informationN/A
e)Date of the transaction2021-10-01 (1 October 2021)
f)Place of the transactionVesting - outside a trading venue
Share sale - Oslo Børs


1Details of the person discharging managerial responsibilities/person closely associated
a)NameRicardo Rosa
Författare GlobeNewswire