The following information is based on a press release from Sevan Marine ASA (Sevan Marine) published on November 23, 2011 and may be subject to change.
Sevan Marine´s Extra General Meeting (EGM), held on November 14, 2011, approved a reversed split whereby one hundred (100) existing shares will be consolidated into one (1) new share. The Ex-date is scheduled for December 1, 2011. NASDAQ OMX Derivatives Markets will carry out a re-calculation of options, forwards and futures in Sevan Marine (SEVANN).
For further information, please see the attached file.
