HAMILTON, Bermuda, Feb. 5, 2014 (GLOBE NEWSWIRE) -- Seadrill Limited ("Seadrill") has settled a Total Return Swap agreement (TRS) expiring on February 4, 2014 with 1,400,000 common shares in Seadrill Limited as underlying security. Seadrill has subsequently entered into a new TRS agreement with exposure to 1,400,000 Seadrill Limited common shares. The expiry date for the new TRS is March 4, 2014 and the reference price is NOK226.6311 per share. This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
SDRL - Mandatory Notification Of Trade
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