The Articles of Association of Maersk Drilling will be available on Maersk Drilling’s website, www.maerskdrilling.com.
Maersk Drilling will submit its application for admission to trading and official listing of its shares on Nasdaq Copenhagen A/S. The first day of trading and official listing of the shares in Maersk Drilling on Nasdaq Copenhagen A/S is expected to take place on 4 April 2019 at 9.00 a.m. (CEST), under the permanent ISIN code DK0061135753 and ticker symbol DRLCO.
The shares of Maersk Drilling are distributed proportionally 2:1 to the holders of APMM shares of a nominal value of DKK 1,000 and proportionally 1:1 to the holders of APMM shares of a nominal value of DKK 500 that are registered as holders of shares in APMM in VP Securities A/S at 5:59 p.m. (CEST) on 5 April 2019.
Any ordinary trading in the shares of APMM prior to 3 April 2019 at 5:00 p.m. (CEST) will include an entitlement to receive shares in Maersk Drilling for the buyer in connection with the demerger of APMM. However, this will not apply if the registration in VP Securities A/S of a particular trade in shares of APMM does not take place until after 5 April 2019 at 5:59 p.m. (CEST). Any trading in the shares of APMM after 3 April 2019 at 5:00 p.m. (CEST) will be exclusive of rights to receive shares in Maersk Drilling for the buyer unless the parties to the trade in question have taken specific measures to settle the trade in VP Securities A/S prior to 5 April 2019 at 5:59 p.m. (CEST) and, thus, chosen not to settle according to the customary settlement cycle with settlement occurring two trading days after the transaction date.
For more details in this regard and generally on the demerger and listing, please refer to Maersk Drilling’s website, www.maerskdrilling.com.
This announcement does not constitute a prospectus or an offering memorandum and nothing herein contains an offering of securities in A.P. Møller - Mærsk A/S, The Drilling Company of 1972 A/S or any of their respective affiliates. This announcement is not intended for distribution or release, directly or indirectly, in or into a jurisdiction where publication, distribution or release would be unlawful. This announcement is not an offer to sell or a solicitation of any offer to buy any securities in A.P. Møller - Mærsk A/S, The Drilling Company of 1972 A/S or any of their respective affiliates nor shall it or any part of it nor the fact of its distribution or communication form the basis of, or be relied on in connection with, any contract, commitment or investment decision in relation thereto.