Subsea 7 share repurchase

Luxembourg – 12 November 2018 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced that on 12 November 2018 the Company purchased 530,000 of its shares at an average price of NOK 100.99 per share. This represents approximately 0.16% of the Company's issued share capital.

The shares were purchased in accordance with the Company's share repurchase programme initially announced on 31 July 2014 and extended to July 2019, as announced on 26 July 2017. The shares have been acquired on the Oslo Børs in accordance with the authority granted by the Board.

As at close of business on 12 November 2018 Subsea 7 S.A. held 1,795,024 treasury shares representing approximately 0.55% of the total number of issued shares. Total shares in issue, including treasury shares, were 327,367,111.


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Subsea 7 S.A. is a leading global contractor in seabed-to-surface engineering, construction and services to the offshore energy industry. We provide technical solutions to enable the delivery of complex projects in all water depths and challenging environments.
Subsea 7 is listed on the Oslo Bors (SUBC), ISIN LU0075646355.
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Contact for enquiries:
Isabel Green
Investor Relations Director
Tel +44 20 8210 5568
isabel.green@subsea7.com
www.subsea7.com