Seaway 7 ASA: Mandatory notification of trade

02 Mar 2023 09:10 CET

Reference is made to the announcement by Subsea 7 S.A. (the "Company" or
"Subsea7") on 2 March 2023 regarding the acquisition of 187,889,551 shares in
Seaway 7 ASA by Subsea7.


Subsea7 is a close associate of Kristian Siem, Chairman of the Board of
Directors of Subsea 7 S.A. and primary insider in Seaway 7 ASA.

Please see the attached notification for further information.

This information is subject to the disclosure requirements in article 19 of
Regulation (EU) No 596/2014 (the EU Market Abuse Regulation) and section 5-12 of
the Norwegian Securities Trading Act.

More information:
Access the news on Oslo Bors NewsWeb site

584086_Subsea 7 S.A. - Transactions by PDMRs and closely associated persons (Acquisition).pdf