SDRL - Result of the mandatory offer for all outstanding shares in
HAMILTON, BERMUDA -- (Marketwire) -- 12/11/12 -- Reference is made
to Seadrill Limited's ("Seadrill") mandatory offer to purchase all of
the shares in Asia Offshore Ltd.
("AOD") at NOK 28.71 per share which
expired on Monday, December 10, 2012 (the
Seadrill has received acceptances of the Offer totalling 83,520
will, together with the shares already owned by Seadrill
in AOD, take Seadrill's
total holding of AOD shares to 26,463,050,
representing approximately 66.16 percent of all of the issued shares
Seadrill hereby announces that it will perform settlement of the
Offer on the
forthcoming Monday, December 17, 2012. As such, all AOD
shareholders having accepted the Offer should have the funds
available on their respective bank accounts shortly thereafter.
This information is subject of the disclosure requirements pursuant
5-12 of the Norwegian Securities Trading Act.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Seadrill Limited via Thomson Reuters ONE
For further information please contact:
Rune Magnus Lundetrae
Chief Financial Officer
Seadrill Management AS
Tel: +47 51 30 91 26
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