Reference is made to the mandatory offer ("Offer") fromTGS ASA for the acquisition of all the shares in Magseis Fairfield AS ("Magseis ") with an offer price ofNOK 8.08 per share according to the offer document dated10 November 2022 . On21 December 2022 ,Condire Management LP ("Condire") approved the Offer for all its 39,459,302 shares inMagseis , corresponding to 14.52% (the "Acceptance"). Following the Acceptance, Condire no longer holds any shares or voting rights inMagseis .
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