UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a) of the
Securities
Exchange Act of 1934
Filed by the Registrant þ
Filed by a Party other than the Registrant o
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Preliminary Proxy Statement |
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Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) |
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Definitive Proxy Statement |
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Definitive Additional Materials |
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Soliciting Material Pursuant to § 240.14a-12 |
GLOBAL INDUSTRIES, LTD.
(Name of Registrant as Specified In Its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of Filing Fee (Check the appropriate box):
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Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. |
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Fee paid previously with preliminary materials. |
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Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2)
and identify the filing for which the offsetting fee was paid previously. Identify the
previous filing by registration statement number, or the Form or Schedule and the date of its
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FORM OF CLIENT LETTER
Re: Global Industries Merger with Technip
Dear:
I am pleased to personally share with you important news for our clients, employees and
shareholders. On September 12, 2011, we announced an agreement to merge Global Industries with
Technip. This event is obviously a significant strategic milestone in our evolution from a North
American diving and installation contractor to a leading international contractor focused on
technically challenging offshore projects in growth markets.
We enthusiastically support this merger as our most effective strategy for engaging our growing
deepwater fleet in industry leading projects around the world and providing expanding opportunities
for our staff while simultaneously delivering enhanced value to our shareholders. Those familiar
with our respective offshore assets, expertise and geographic strengths will recognize the
substantial synergies created in our combined company.
We bring to Technip state-of-the-art S-Lay vessels to expand the types of projects they can
undertake and the experienced people to plan and execute those projects safely, on time and cost
effectively. Technip brings to us an impressive track record in complex deepwater projects, market
presence, engineering depth, proprietary technology, financial strength, and project management
expertise to support to our customers worldwide developments. We each also offer complementary
geographic strengths.
It is expected that the merger will close in early 2012. We will commence integration planning
through joint teamwork in the near future. In the interim, I assure you we are 100% focused on
delivering Global Industries project commitments for on-time, on-budget and high quality
performance.
I look forward to keeping you informed on our exciting developments as plans unfold. Please do not
hesitate to contact me if you have any questions or concerns.
Sincerely,
John B. Reed
Chief Executive Officer
Important Additional Information Will Be Filed with the SEC
In connection with the proposed transaction, the Company intends to file a proxy statement and
other relevant documents concerning the transaction with the
Securities and Exchange Commission (the "SEC") . COMPANY STOCKHOLDERS ARE URGED TO
READ THE PROXY STATEMENT AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC WHEN THEY BECOME
AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE COMPANY AND THE MERGER. The
proxy statement and other documents incorporated by reference in the proxy statement will be
available free of charge at the SECs website at www.sec.gov or by directing a request to Global
Industries, Ltd., 11490 Westheimer, Suite 400, Houston, Texas 77077, Attention: Secretary.
The Company and its directors and officers may be deemed participants in the solicitation of
proxies in connection with the proposed transaction. Information about the directors and executive
officers of the Company is set forth in the Companys most recent definitive proxy statement, which
was filed with the SEC on April 5, 2011. Certain directors and executive officers of the Company
may have direct or indirect interests in the proposed transaction that may be different from those
of the Companys stockholders generally. Investors may obtain additional information regarding such
interests by reading the proxy statement and other relevant documents that the Company will file
with the SEC when they become available.