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TGS: VESTING OF 2023 RESTRICTED SHARE UNIT AWARD
04 Mar 2025 17:10 CET
Issuer
TGS ASA
Oslo, Norway (4 March 2025) - On 1 March 2025, 15,000 Restricted Share Units
(RSUs) granted to Carel Hooijkaas on 1 March 2023, in accordance with the terms
of his employment agreement, as approved by the Board of Directors of TGS ASA,
and TGS Remuneration Policy, approved by the shareholders of TGS ASA, vested.
Each vested RSU represents the right to receive one share of the Company's
common stock, with the shares to be issued from the Company's treasury stock.
The vested RSUs may be partially settled in cash using the fair market value of
the shares as defined under the award agreement, to cover tax withholding
obligations and other necessary deductions that arise in connection with the
vest.
The schedule attached reflects the holdings of the primary insider.
About TGS
TGS provides advanced data and intelligence to companies active in the energy
sector. With leading-edge technology and solutions spanning the entire energy
value chain, TGS offers a comprehensive range of insights to help clients make
better decisions. Our broad range of products and advanced data technologies,
coupled with a global, extensive and diverse energy data library, make TGS a
trusted partner in supporting the exploration and production of energy resources
worldwide. For further information, please visit www.tgs.com.
More information:
Access the news on Oslo Bors NewsWeb site
Source
TGS ASA
Provider
Oslo Børs Newspoint
Company Name
TGS ASA
ISIN
NO0003078800
Symbol
TGS
Market
Euronext Oslo Børs