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IGSS buys shares of GEOTECH Seismic Services

17 Nov 2014 16:00

RNS Number : 2387X
IG Seismic Services PLC
17 November 2014
 



 

 

IG Seismic Services PLC

 

IG SEISMIC SERVICES ANNOUNCES A 100% PURCHASE OF ORDINARY SHARES OF GEOTECH SEISMIC SERVICES PJSC

 

Moscow, 17 November 2014

 

On 7th of November 2014 the buyout procedure of 1.16% shares based on the previously sent to GEOTECH Seismic Services PJSC shareholders Demand on securities buyout was finished.

 

As a result IGSS owns 100% of ordinary shares of GEOTECH Seismic Services PJSC.

 

 

GEOTECH Seismic Servicesis the largest Russian land and transition-zone geophysical company, a member of IG Seismic Services PLC (IGSS) and the management company for seismic operating subsidiaries. The Company provides a wide range of services, using latest technologies and modern equipment, also for high density seismic data acquisition to oil and gas companies in all Russia's oil and gas provinces, in the CIS and abroad. The Company operates onshore and in transition zones.

 

Contacts

 

For further information please visit www.igseis.com or contact:

 

IGSS Investor Relations

 

Alla Muzhzhevleva

 

+ 7 495 580 7882 ext. 195

 

a.muzhzhevleva@igseis.com

 

 

 

 

 

This document may contain "forward-looking statements" which include all statements other than statements of historical fact. Such forward-looking statements can often be identified by words such as "plans", "expects", "intends", "estimates", "will", "may", "continue", "should" and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors beyond the IG Seismic Services PLC's (the "Company") control that could cause the actual results, performance or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding the Company's present and future business strategies and the environment in which the Company will operate in the future. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. These forward-looking statements speak only as at the date as of which they are made, and neither the Company, nor any of its respective agents, employees or advisors intends or has any duty or obligation to supplement, amend, update or revise any of the forward-looking statements contained herein to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based. The information and opinions contained in this document are provided as at the date of this document or as otherwise specified herein and are subject to change without notice.

This information is provided by RNS
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