Viridien (formerly CGG): Viridien introduces its new ticker symbol

Rhea-AI Summary

On May 17, 2024, Viridien, formerly known as CGG, announced the approval of its name change by shareholders during the Annual General Meeting held on May 15, 2024. Starting May 21, 2024, the company's shares listed on Euronext Paris will trade under the new ticker symbol 'VIRI'. The change marks a significant rebranding effort for the company, aligning with its strategic objectives and market presence. The new ISIN code and Euronext code remain unchanged as FR0013181864.

Positive

• Shareholders approved the corporate name change, indicating strong support.
• New ticker symbol 'VIRI' aligns with rebranding efforts.

Negative

• Potential confusion among investors during the transition period.
• Administrative and marketing costs associated with rebranding.

Viridien Introduces Its New Ticker Symbol

Paris, France – May 17, 2024

The Company’s shareholders approved the corporate name change from CGG to Viridien at the Annual General Meeting on May 15, 2024.

The new ticker symbol for Viridien shares listed on Euronext Paris will be “VIRI”, effective May 21, 2024.

New Name	ISIN code	Euronext code	New ticker	Effective date
Viridien	FR0013181864	FR0013181864	VIRI	May 21, 2024

About Viridien (formerly CGG):

Viridien (www.cgg.com), formerly CGG, is an advanced technology, digital and Earth data company that pushes the boundaries of science for a more prosperous and sustainable future. With our ingenuity, drive and deep curiosity we discover new insights, innovations, and solutions that efficiently and responsibly resolve complex natural resource, digital, energy transition and infrastructure challenges. Viridien employs around 3,500 people worldwide and is listed as CGG on the Euronext Paris SA (ISIN: 0013181864).

Attachment

• CGG - Communiqué EN 2024_changement ticker

FAQ

When will Viridien's new ticker symbol 'VIRI' become effective?

Viridien's new ticker symbol 'VIRI' will become effective on May 21, 2024.

What was Viridien's former name?

Viridien was formerly known as CGG.

Which stock exchange lists Viridien's shares?

Viridien's shares are listed on Euronext Paris.

What is the new ISIN code for Viridien?

The new ISIN code for Viridien remains unchanged as FR0013181864.

When did shareholders approve Viridien's name change?

Shareholders approved Viridien's name change during the Annual General Meeting on May 15, 2024.