Seadrill Limited
OSLO : SDRL

June 04, 2013 12:48 ET

SDRL - Mandatory Notification of Trade

HAMILTON, NORWAY--(Marketwired - Jun 4, 2013) - Seadrill Limited ("Seadrill") has settled a Total Return Swap agreement (TRS) expiring on June 4, 2013 with 2,000,000 common shares in Seadrill Limited as underlying security. Seadrill has subsequently entered into a new TRS agreement with exposure to 2,000,000 Seadrill Limited common shares. The expiry date for the new TRS is September 4, 2013 and the reference price is NOK241.8794 per share.

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

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: Seadrill Limited via Thomson Reuters ONE

[HUG#1707132]

Contact Information

  • Seadrill Limited
    P.O. Box HM 1593
    Par-la-Ville Place, 14 Par-la-Ville Road
    HM 08 Hamilton, Bermuda
    *T. +1 441 295 6935
    *F. +1 441 295 3494