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Stock options exercised

ASKER, NORWAY (14 August 2014) -Employees of TGS have today, 14 August 2014, exercised in total 76,800 stock options. All options were exercised from the award in August 2011 secured by treasury shares at an exercise price of NOK 113.80 per share. Following the exercise TGS holds 1,134,512 of the issued shares as treasury shares. TGS` share capital is NOK

25,796,072.00 consisting of 103,184,288 shares at a nominal value of NOK 0.25 per share. Attached is a list of primary insiders exercising stock options.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. Primary Insiders August 2014 Stock Option Exercises

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: TGS via GlobeNewswire