Notice is hereby given of an extraordinary 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 23 December 2014 at 08:00 a.m.
Siem Investments Inc., which is a shareholder of EMGS and represents more than one tenth of the Company's share capital, has pursuant to Section 5-7 of the Norwegian Public Limited Companies Act requested that the Board of EMGS summons an extraordinary general meeting in order to consider the election of new members of the Board. Also, Perestroika AS, which is a shareholder of EMGS and represents more than one twentieth of the Company's share capital, has requested an extraordinary general meeting in order to consider the election of new members of the Board.
The requests from the two shareholders will be treated in the same extraordinary general meeting.
The calling notice has today been distributed electronically or by post to all shareholders with a known address. It is also available on EMGS's website.
Please find attached the calling notice and appendixes.
Contacts
Charlotte Knudsen, EMGS head of investor relations, +47 97 56 19 59
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 explorationists 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 main offices in Trondheim and Oslo, Norway; Houston, USA; and Kuala Lumpur, Malaysia.
For more information, visit www.emgs.com
