Seadrill Limited
OSLO : SDRL

August 29, 2013 02:46 ET

Seadrill Limited: SDRL - Mandatory notification of trade

HAMILTON, BERMUDA--(Marketwired - Aug 29, 2013) - Seadrill Limited ("the Company") has through market purchases executed on August 28, repurchased 300,000 of the Company's own common stock at an average price of NOK273.5 per share.

After this transaction the Company has a holding of 327,016 treasury shares.

The Total Return Swap agreement entered into on June 4(th), 2013 at the same time has been reduced from 2 million shares to 1.7 million shares.

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#1725566]

Contact Information

  • Seadrill
    +47 51 30 99 00