The following information is based on a press release from Sevan Marine ASA (Sevan Marine) published on October 24, 2011 and may be subject to change.
The board of Sevan Marine will propose that the Extra General Meeting (EGM), scheduled for November 14, 2011, approves a reversed split whereby one hundred (100) existing shares will be consolidated into one (1) new share. NASDAQ OMX Derivatives Markets will carry out a re-calculation of options, forwards and futures in Sevan Marine.
For further information, please see the attached file.
