Transocean Receives Shareholder Proposal

Transocean Receives Shareholder Proposal

ID: 237141

(Thomson Reuters ONE) -
Transocean Ltd. /
Transocean Receives Shareholder Proposal
. Processed and transmitted by Thomson Reuters ONE.
The issuer is solely responsible for the content of this announcement.

ZUG, SWITZERLAND--(Marketwire - March 7, 2013) - Transocean Ltd. (NYSE: RIG)
(SIX: RIGN) today announced that certain Funds affiliated with Carl Icahn
submitted to the company for vote at its 2013 Annual General Meeting of
Shareholders ("AGM") a dividend proposal of $4.00 per share. Additionally, the
Funds provided a notice of nomination of 3 director candidates for election to
Transocean's Board of Directors at its 2013 AGM and a proposal to repeal the
company's staggered board. The Transocean Board of Directors will evaluate the
proposals in due course.
Contact:
Guy Cantwell
713-232-7647



This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Transocean Ltd. via Thomson Reuters ONE
[HUG#1683712]






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Bereitgestellt von Benutzer: hugin
Datum: 07.03.2013 - 13:17 Uhr
Sprache: Deutsch
News-ID 237141
Anzahl Zeichen: 1416

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