SDRL - Disclosure regarding Sevan Drilling Limited

SDRL - Disclosure regarding Sevan Drilling Limited

ID: 404130

(Thomson Reuters ONE) -


Hamilton, Bermuda, July 1, 2015 - We refer to the press releases dated January
30, 2013, February 7, 2013, May 10, 2013, August 7, 2013, August 29, 2013,
November 7, 2013, February 7, 2014, May 7, 2014, August 7,2014, November
7, 2014, February 9, 2015 and May 7, 2015 which announced the forward agreements
for Seadrill Limited's ("Seadrill") holdings in Sevan Drilling ASA ("Sevan ASA")
shares.

In connection with the migration of Sevan ASA  from Norway to Bermuda, we have
closed these agreements and entered in to new agreements with the equivalent
number of shares in Sevan Drilling Limited as follows:

Seadrill has entered into a forward agreement for 10,803,274 Sevan Drilling
Limited shares expiring August 10, 2015 at a price of NOK 9.795729.

Additionally, Seadrill has entered into a new forward agreement for 4,091,425
Sevan Drilling Limited shares expiring August 6, 2015 with a strike price of NOK
12.486.

Prior to the migration, Seadrill controlled 297,941,358 shares of Sevan ASA,
either through direct ownership or forward agreements, representing 50.11% of
all issued shares of Sevan ASA. Shareholders will after completion of the
settlement of the capital decrease effecting the migration, have approximately
the same ownership share in Sevan Drilling Limited as they had in Sevan ASA.
Seadrill will announce exact ownership share in Sevan Drilling Limited after
completion of the settlement if it deviates from the ownership share in Sevan
ASA

This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act




This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire 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: Seadrill Limited via GlobeNewswire
[HUG#1933225]




Weitere Infos zu dieser Pressemeldung:
Unternehmensinformation / Kurzprofil:
drucken  als PDF  an Freund senden  TeliaSonera and Telenor announce first members of Joint Venture top management team SIKA ACQUIRES ADDIMENT ITALIA FROM BUZZI UNICEM
Bereitgestellt von Benutzer: hugin
Datum: 01.07.2015 - 07:46 Uhr
Sprache: Deutsch
News-ID 404130
Anzahl Zeichen: 2318

contact information:
Town:

Hamilton



Kategorie:

Business News



Diese Pressemitteilung wurde bisher 160 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"SDRL - Disclosure regarding Sevan Drilling Limited"
steht unter der journalistisch-redaktionellen Verantwortung von

Seadrill Limited (Nachricht senden)

Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).


Alle Meldungen von Seadrill Limited



 

Werbung



Facebook

Sponsoren

foodir.org The food directory für Deutschland
Informationen für Feinsnacker finden Sie hier.

Firmenverzeichniss

Firmen die firmenpresse für ihre Pressearbeit erfolgreich nutzen
1 2 3 4 5 6 7 8 9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z