The chairman of the board of directors of Electromagnetic Geoservices ASA ("EMGS" or the "Company"), Mr Eystein Eriksrud, has received open proxies to represent and vote for 60,795,914 shares at the general meeting of the Company 13 June 2019.
In addition, Mr Eriksrud will represent Laburnum AS, an entity controlled by Mr Eriksrud and which holds 299,271 shares in EMGS.
In total, Mr Eriksrud will hence represent and vote for 61,095,185 shares at the AGM, corresponding to approx. 46.65 per cent of the total number of outstanding shares in the Company.
Contact
Hege Veiseth, CFO, +47 99 21 67 43
About EMGS
EMGS, the marine EM market leader, uses its proprietary electromagnetic (EM) technology to support oil and gas companies in their search for offshore hydrocarbons. EMGS supports each stage in the workflow, from survey design and data acquisition to processing and interpretation. The Company's services enable the integration of EM data with seismic and other geophysical and geological information to give explorationists a clearer and more complete understanding of the subsurface. This improves exploration efficiency and reduces risks and the finding costs per barrel.
EMGS operates on a worldwide basis with offices in Trondheim, Oslo, Houston, Mexico City, Rio de Janeiro and Kuala Lumpur.
The chairman of the board of directors of Electromagnetic Geoservices ASA ("EMGS" or the "Company"), Mr Eystein Eriksrud, has received open proxies to represent and vote for 60,795,914 shares at the general meeting of the Company 13 June 2019.
In addition, Mr Eriksrud will represent Laburnum AS, which holds 299,271 shares in EMGS.
In total, Mr Eriksrud will hence represent and vote for 61,095,185 shares in the Company at the AGM, corresponding to approx. 46.65 per cent of the total number of outstanding shares in the Company.
Contact
Hege Veiseth, CFO, +47 99 21 67 43
About EMGS
EMGS, the marine EM market leader, uses its proprietary electromagnetic (EM) technology to support oil and gas companies in their search for offshore hydrocarbons. EMGS supports each stage in the workflow, from survey design and data acquisition to processing and interpretation. The Company's services enable the integration of EM data with seismic and other geophysical and geological information to give explorationists a clearer and more complete understanding of the subsurface. This improves exploration efficiency and reduces risks and the finding costs per barrel.
EMGS operates on a worldwide basis with offices in Trondheim, Oslo, Houston, Mexico City, Rio de Janeiro and Kuala Lumpur.
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act