CGG: Norges Bank cuts stake to under 5%
(CercleFinance.com) - Norges Bank has informed the AMF that on 11 June it had reduced its stake in CGG to below the thresholds of 5% of the group's capital and voting rights.
Norges Bank has said that it now holds 33,906,703 CGG shares, representing as many voting rights, i.e. 4.78% of the group's capital and voting rights.
The AMF said that these thresholds were crossed due to the restitution of shares held as collateral.
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