Transocean Ltd. Announces Currency Election Period for June Dividend Installment
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Transocean Ltd. /
Transocean Ltd. Announces Currency Election Period for June Dividend Installment
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The issuer is solely responsible for the content of this announcement.
Applicable Exchange Rate Details Provided
ZUG, SWITZERLAND--(Marketwire - May 18, 2011) - Transocean Ltd. (NYSE: RIG)
(SIX: RIGN) today announced the period during which shareholders may elect to
receive their June dividend installment of $0.79 per outstanding share in Swiss
francs. The dividend installment is denominated in U.S. dollars and represents
the first of four installments totaling $3.16 per outstanding share. The
dividend, to be paid out of additional paid-in capital, was approved by
shareholders at the company's Annual General Meeting May 13, 2011. For
shareholders who choose to receive the first dividend installment in Swiss
francs, the dividend payment will be converted into Swiss francs using the
closing U.S. dollar-to-Swiss franc exchange rate as reported by Bloomberg on May
27, 2011.
The period to elect to receive payment of the first dividend installment in
Swiss francs starts on May 23, 2011, 5 p.m. EDT, 11 p.m. CEST, and ends on May
27, 2011, 5 p.m. EDT, 11 p.m. CEST.
Holders of shares registered in our share register who would like to receive the
first dividend installment in Swiss francs must make their election in writing
to the following address during the election period:
BNY Mellon Shareowner Services
Attn: Steven Myers
480 Washington Boulevard
29th Floor
Jersey City, NJ 07310 USA
Email: steven.myers(at)bnymellon.com
Fax: 1-201-680-4606
Phone: 1-201-680-5333
If you hold your shares in the name of a bank, broker or nominee, please contact
your bank, broker or nominee to make the election arrangements.
As announced previously on April 4, 2011, the schedule for the first dividend
installment is as follows:
* May 18, 2011 - Ex-Dividend Date
* May 20, 2011 - Record Date
* June 15, 2011 - Installment Payment Date
Forward-Looking Statements
Statements regarding the distribution to shareholders, including timing,
duration, source of funding, uses of cash, as well as any other statements that
are not historical facts, are forward-looking statements that involve certain
risks, uncertainties and assumptions. These include but are not limited to the
factors stated in the preceding paragraphs, the exchange rates, and other
factors detailed in the company's most recent Form 10-K and other filings with
the Securities and Exchange Commission (SEC), which are available free of charge
on the SEC's website atwww.sec.gov. Should one or more of these risks or
uncertainties materialize, or should underlying assumptions prove incorrect,
actual results may vary materially from those indicated.
About Transocean
Transocean is the world's largest offshore drilling contractor and the leading
provider of drilling management services worldwide. With a fleet of 138 mobile
offshore drilling units as well as three high-specification jackups under
construction, Transocean's fleet is considered one of the most modern and
versatile in the world due to its emphasis on technically demanding segments of
the offshore drilling business. Transocean owns or operates a contract drilling
fleet of 48 High-Specification Floaters (Ultra-Deepwater, Deepwater and Harsh-
Environment semisubmersibles and drillships), 25 Midwater Floaters, nine High-
Specification Jackups, 53 Standard Jackups and other assets utilized in the
support of offshore drilling activities worldwide.
For more information about Transocean, please visit our website at
www.deepwater.com.
Analyst Contact:
Gregory S. Panagos
+1 713-232-7551
Media Contact:
Guy A. Cantwell
+1 713-232-7647
--- End of Message ---
Transocean Ltd.
Chemin de Blandonnet 10 Vernier Switzerland
ISIN: CH0048265513;
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#1517063]
Unternehmensinformation / Kurzprofil:
Datum: 18.05.2011 - 22:15 Uhr
Sprache: Deutsch
News-ID 54809
Anzahl Zeichen: 4917
contact information:
Town:
Vernier
Kategorie:
Business News
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