Derivatives: Anticipated adjustment in Seadrill due to dividend (09/12)


The following information is based on a press release from Seadrill Ltd (Seadrill) published on February 29, 2012 and may be subject to change.

The board of Seadrill has resolved to distribute a cash dividend of USD 0.80 per share. The scheduled Ex-date is March 8, 2012. 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. 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.

 


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