Derivatives: Anticipated adjustment in Seadrill due to dividend (60/14)


The following information is based on a press release from Seadrill Ltd (Seadrill) published on August 27, 2014 and may be subject to change.

The board of Seadrill has resolved to distribute a dividend of USD 1.00 per share. The scheduled Ex-date is September 4, 2014. According to NASDAQ OMX Derivatives Markets Rules and Regulations 3.5.3.6.1 adjustment for ordinary dividend shall be made for underlyings specified with 100 % dividend adjustment in the Quotation list. 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

60_Seadrill (SDRLN)_dividend_1.pdf