News Column

Derivatives: Anticipated adjustment in Seadrill due to dividend (44/14)

May 28, 2014

The following information is based on a press release from Seadrill Ltd (Seadrill) published on May 28, 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 June 10, 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. Copyright 2014 OMX AB (publ).


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Source: OMX