Schroders plc , hereby notifies you according to the Securities Trading Act thatSchroders plc crossed below the 5% threshold for shares held in the total number of shares in issue forTGS NOPEC Geophysical Co ASA on the22nd May 2020 . The total number of shares held bySchroders plc as of22nd May 2020 was 5,398,349; which represented 4.540% of the total number of shares in issue, namely 118,906,778. The total number of shares held with proxy voting as of22nd May 2020 was 5,316,093, which represented 4.471% of the total number of shares in issue, namely 118,906,778. This disclosure obligation was triggered by a sale of 572,881 shares bySchroder Investment Management Limited on22nd May 2020 . The group's position was held across two legal entities shown below: Shares held with proxy voting:Schroder Investment Management Limited 4,531,036 3.811Schroder Investment Management North America Limited 785,057 0.660 Total number of shares held:Schroder Investment Management Limited 4,607,577 3.875Schroder Investment Management North America Limited 790,772 0.665 Chain of Controlled Undertakings:Schroders plc is the parent company ofSchroder Administration Limited , which is the parent company ofSchroder International Holdings Limited .Schroder International Holdings Limited is the parent company ofSchroder Investment Management Limited which is a discretionary fund manager holding shares indirectly on behalf of its clients with power to exercise voting rights.Schroder Investment Management Limited is the parent company ofSchroder Investment Management North America Limited which is a discretionary fund manager holding shares indirectly on behalf of its clients with power to exercise voting rights.
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