JP Morgan Chase & Co has notified the AMF that it has indirectly crossed the 5% threshold in the capital of Viridien on February 4, following an off-market share acquisition.
The American bank specified that, through the companies it controls, it now holds 359,745 Viridien shares, representing an equal number of voting rights—equivalent to 5.006% of the capital and 4.99% of the voting rights of the geosciences group.
Viridien is one of the leading international providers of geophysics services and products intended for oil and gas companies. Net sales break down by activity as follows:
- geophysics services (70.5%): recording, processing, and interpretation of land and marine seismic data;
- manufacturing of seismic equipment (29.5%): recording and transmission equipment, vibrators for capturing seismic data, data processing and interpretation software, etc.
Net sales are distributed geographically as follows: Europe/Africa/Middle East (45.2%), North America (23.3%), Asia/Pacific (15.8%) and Latin America (15.7%).
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