New Share Capital

New Share Capital

ID: 402870

(Thomson Reuters ONE) -


ASKER, NORWAY (24 June 2015) - In reference to the decision made by the
shareholders of TGS-NOPEC Geophysical Company ASA (TGS) at the Annual General
Meeting on 6 May 2015 to cancel 1,048,298 treasury shares held, the cancellation
of these shares has now been registered in the Company Register in Brønnøysund.

The Share Capital of TGS is after the transaction NOK 25,533,997.50 consisting
of 102,135,990 shares at a nominal value of NOK 0.25 per share.  The balance of
treasury shares held is 852,800 shares.


Company summary

TGS-NOPEC Geophysical Company (TGS) provides multi-client geoscience data to oil
and gas Exploration and Production companies worldwide.  In addition to
extensive global geophysical and geological data libraries that include multi-
client seismic data, magnetic and gravity data, digital well logs, production
data and directional surveys, TGS also offers advanced processing and imaging
services, interpretation products and data integration solutions.

For more information visit TGS online at www.tgs.com.



Forward-looking statements and contact information

All statements in this press release other than statements of historical fact
are forward-looking statements, which are subject to a number of risks,
uncertainties and assumptions that are difficult to predict, and are based upon
assumptions as to future events that may not prove accurate. These factors
include TGS' reliance on a cyclical industry and principal customers, TGS'
ability to continue to expand markets for licensing of data, and TGS' ability to
acquire and process data products at costs commensurate with profitability.
Actual results may differ materially from those expected or projected in the
forward-looking statements. TGS undertakes no responsibility or obligation to
update or alter forward-looking statements for any reason.





TGS-NOPEC Geophysical Company ASA is listed on the Oslo Stock Exchange
(OSLO:TGS).

TGS sponsored American Depositary Shares trade on the U.S. over-the-counter
market under the symbol "TGSGY".

For additional information about this press release please contact:

Kristian Johansen
COO/Interim CFO
Tel: +47 47 60 33 34
Email: kristian.johansen(at)tgs.com

Will Ashby
Director Finance Western Hemisphere & Investor Relations
Tel: +1 713 860 2184
Email: will.ashby(at)tgs.com
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)




This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: TGS via GlobeNewswire
[HUG#1931274]




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Bereitgestellt von Benutzer: hugin
Datum: 24.06.2015 - 21:28 Uhr
Sprache: Deutsch
News-ID 402870
Anzahl Zeichen: 3295

contact information:
Town:

Asker



Kategorie:

Business News



Diese Pressemitteilung wurde bisher 193 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"New Share Capital"
steht unter der journalistisch-redaktionellen Verantwortung von

TGS (Nachricht senden)

Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).

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