Global Geo Services to Spin-Off of Spectrum Seismic Business

The listing process of Spectrum ASA is progressing according to plan, and the board of Spectrum ASA has submitted the listing application to Oslo Stock Exchange for listing on Oslo Axess.

The indicative timetable below summaries the key dates for the listing process of Spectrum ASA going forward.

  • May 22, 2008: Submission of listing application
  • On or about June 9, 2008: Last day inclusive for the GGS share including preferential rights to allocation of Spectrum ASA shares.
  • On or about June 10, 2008: Ex date (First day for the GGS share excluding preferential rights to allocation of Spectrum ASA shares.)

  • On or about June 16, 2008: First day of the offering period
  • June 19, 2008: Oslo Bors board meeting
  • On or about June 27, 2008: Last day of the offering period
  • On or about July 1, 2008: First day of listing on Oslo Axess
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