Derivatives: Anticipated adjustment in Seadrill due to dividend (30/11)


The following information is based on a press release from Seadrill Ltd (Seadrill) published on February 24, 2011 and may be subject to change.

The board of Seadrill has resolved to distribute an ordinary dividend of USD 0.675 per share plus an extra dividend of USD 0.20 per share. The scheduled Ex-date is March 2, 2011. According to NASDAQ OMX Derivatives Markets Rules and Regulations 4.5.3.6.1 adjustment for ordinary dividend shall be made for underlyings specified with 100 % dividend adjustment in the Quotation list, in addition to adjustment for the extra dividend. NASDAQ OMX Derivatives Markets will carry out a re-calculation of options, forwards and futures in Seadrill (SDRLN).

For further information, please see the attached file.


Attachments

30_Seadrill SDRLN_dividend_1.pdf