Derivatives: Anticipated adjustment in Seadrill due to dividend (54/12)


The following information is based on a press release from Seadrill Ltd (Seadrill) published on August 27, 2012 and may be subject to change.

The board of Seadrill has resolved to distribute an ordinary quarterly dividend of USD 0.84 per share. The scheduled Ex-date is September 4, 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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