Transocean Ltd. (RIG) filed a Form 8K - Other Events - with the U.S Securities and Exchange Commission on November 23, 2015.

 

On November 20, 2015, the board of directors of Transocean Ltd. (the "Company") authorized the Company's management to take action to delist the Company's shares from the SIX Swiss Exchange (the "SIX"). The Company's shares will continue to be listed and traded on the New York Stock Exchange, and the Company will remain incorporated in Switzerland. The Company expects the delisting from the SIX to become effective in the first quarter of 2016.

Our press release dated November 23, 2015, concerning our intent to delist from the SIX Swiss Exchange is incorporated by reference herein.

Forward-Looking Statements

The statements in this Form 8-K that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements may contain words such as "possible," "intend," "will," "if," "expect" or other similar expressions. Forward-looking statements are based on management's current expectations and assumptions, and are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. As a result, actual results could differ materially from those indicated in these forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in tax estimates, impairment of goodwill, asset impairments, operating hazards and delays, risks associated with international operations, actions by customers, the SIX listing authorities and other third parties, fleet utilization, the future prices of oil and gas, capital markets and other factors, including those and other risks discussed in the company's most recent Annual Report on Form 10-K for the year ended December 31, 2014, and in the company's other filings with the SEC, which are available free of charge on the SEC's website at www.sec.gov. Should one or more of these risks or uncertainties materialize (or the other consequences of such a development worsen), or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or expressed or implied by such forward-looking statements. All subsequent written and oral forward-looking statements attributable to the company or to persons acting on our behalf are expressly qualified in their entirety by reference to these risks and uncertainties. You should not place undue reliance on forward-looking statements. Each forward-looking statement speaks only as of the date of the particular statement, and we undertake no obligation to publicly update or revise any forward-looking statements to reflect events or circumstances that occur, or which we become aware of, after the date hereof, except as otherwise may be required by law.

 

The full text of this SEC filing can be retrieved at: http://www.sec.gov/Archives/edgar/data/1451505/000145150515000168/form8-kxsixdelisting1.htm

 

Any exhibits and associated documents for this SEC filing can be retrieved at: http://www.sec.gov/Archives/edgar/data/1451505/000145150515000168/0001451505-15-000168-index.htm

 

Public companies must file a Form 8-K, or current report, with the SEC generally within four days of any event that could materially affect a company's financial position or the value of its shares.

 
 

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(END) Dow Jones Newswires

November 23, 2015 16:09 ET (21:09 GMT)

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