HAMILTON, BERMUDA--(Marketwire - Oct 29, 2012) - North Atlantic Drilling Ltd. (NADL), a
majority owned subsidiary of Seadrill Limited, announced today that it
confidentially submitted its first draft registration statement to the US
Securities and Exchange Commission (SEC) on Friday, October 26, 2012. The
initial public offering of NADL's common shares is expected to commence
the SEC completes its review process.
This announcement is being made pursuant to, and in accordance with, Rule
under the Securities Act of 1933. This press release does not constitute an
offer to sell or the solicitation of an offer to buy securities, and shall
constitute an offer, solicitation or sale in any jurisdiction in which such
offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of that jurisdiction.
This information is subject of the disclosure requirements pursuant to
5-12 of the Norwegian Securities Trading Act.
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originality of the information contained therein.
Source: Seadrill Limited via Thomson Reuters ONE