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  • Globe Newswire

    TGS Shares Received by Board of Directors

    OSLO, Norway (13 May 2022) - The Annual General Meeting of TGS held on 11 May 2022, approved that each of the Directors should receive restricted shares in the Company as part of their compensation. The Chairman of the Board received 3300 shares and the other Directors 1650 shares each. The shares were transferred to the Directors on 13 May 2022. The Company has distributed the restricted shares to the Directors from its balance of treasury shares. Following the transfer of restricted shares to

  • Globe Newswire

    TGS Quarterly Dividend

    OSLO, Norway (12 May 2022) – Following the authorization from the Annual General Meeting on 11 May 2021, the Board of TGS ASA has resolved to distribute a quarterly dividend of the NOK equivalent of USD 0.14 per share (NOK 1.36 per share) in Q2 2022. Key information relating to the cash dividend: Dividend amount and declared currency: USD 0.14 per share (equivalent to NOK 1.36 per share)Last trading day including right: 18 May 2022 Ex-date: 19 May 2022Record date: 20 May 2022Payment date: 2 June

  • Globe Newswire

    TGS Announces Q1 2022 Results

    OSLO, Norway (12 May 2022) - TGS today reported interim financial results for Q1 2022. Total revenue amounted to USD 132 million in Q1 2022 versus USD 142 million in Q1 2021. EBITDA was USD 101 million, and the operating result was USD 34 million, compared to USD 119 million and USD 25 million, respectively, in Q1 2021. Percentage-of-completion (PoC) revenue (1) amounted to USD 114 million in Q1 2022, a significant increase from USD 75 million in Q1 2021. Free cash flow (2) amounted to USD 31 mi