Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) (the "Company") announced that the Company has transferred 848,961 shares held in treasury to satisfy employee share awards under the Company's Long-term Incentive Plan.
Following the above transfer, the number of common shares held in treasury is 2,603,275 representing 0.87% of the Company's issued common shares. The total number of shares in issue, including treasury shares, is unchanged at 299,600,000.
******************************************************************************** ** Subsea7 is a global leader in the delivery of offshore projects and services for the evolving energy industry, creating sustainable value by being the industry's partner and employer of choice in delivering the efficient offshore solutions the world needs.
Subsea7 is listed on the Oslo Børs (SUBC), ISIN LU0075646355, LEI 222100AIF0CBCY80AH62. ******************************************************************************** **
Contact for investment community enquiries: Katherine Tonks Investor Relations Director Tel +44 (0)20 8210 5568 ir@subsea7.com (mailto:ir@subsea7.com)
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