SDRL - Mandatory Notification Of Trade

HAMILTON, Bermuda, Sept. 5, 2013 (GLOBE NEWSWIRE) --
Hamilton, Bermuda, September 5, 2013 - Seadrill Limited ("Seadrill") has settleda Total Return Swap agreement (TRS) expiring on September 4, 2013 with1,700,000 common shares in Seadrill Limited as underlying security. Seadrill hassubsequently entered into a new TRS agreement with exposure to 1,700,000Seadrill Limited common shares. The expiry date for the new TRS is December4, 2013 and the reference price is NOK291.2719 per share.This information is subject of the disclosure requirements pursuant to section5-12 of the Norwegian Securities Trading Act.[HUG#1727446]

More from Press Releases

NFL Pushes for Regulation Following Supreme Court's Sports Gambling Ruling

NFL Pushes for Regulation Following Supreme Court's Sports Gambling Ruling

21st Century Fox Scoops Up Local News Stations

21st Century Fox Scoops Up Local News Stations

Walmart CEO: 'We Are Transforming Globally' With Flipkart

Walmart CEO: 'We Are Transforming Globally' With Flipkart

Three-Part FREE Webinar Series

Three-Part FREE Webinar Series

March 24 Full-Day Course Offering: Professional Approach to Trading SPX

March 24 Full-Day Course Offering: Professional Approach to Trading SPX