EMGS Calling of Annual General Meeting - new date
Post# of 301275
Reference is made to the stock exchange notice on 23 March 2017 from Electromagnetic Geoservices ASA (EMGS) regarding the intended share issue. Notice is hereby given of the Annual General Meeting of Electromagnetic Geoservices ASA (EMGS) in the Company's offices on the 7th floor of Dronning Mauds gt 15, 0250 Oslo to be held on 25 April 2017 at 10:00. In the meeting, the Board of Directors of EMGS will propose to the shareholders of the Company to increase the share capital through the issuance of new shares with preferential and tradable subscription rights for the shareholders with the gross proceeds of the NOK equivalent of USD 17 million. The proposed rights issue is fully underwritten. The calling notice will be distributed electronically or by post to all shareholders with a known address. The calling notice, as well as appendices, is also available on EMGS' website. Please find attached the calling notice. The annual report for 2016 is sent out in a separate stock exchange notice today. Contact Hege Veiseth, EMGS Chief Financial Officer, +47 992 16 743 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 exploration experts 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, Villahermosa, Rio de Janeiro and Kuala Lumpur. For more information, visit www.emgs.com This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
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