SDRL – SDRL Shareholder Approval of Written Resolutions
July 03 2019 - 1:09AM
SDRL – SDRL Shareholder Approval of Written Resolutions
Hamilton, Bermuda, July 3, 2019 – Seadrill
Limited (the “Company”) has received approval from the required
majority of shareholders for the written resolutions distributed on
June 21, 2019. As a result, the Board of Directors has been
increased back to seven seats after it was reduced to six on July
2, 2019 and the newly created seat may be filled by the
Directors.
The Board of Directors reappointed Scott Vogel on July 2, 2019
and his term runs until the next Annual General meeting. Mr. Vogel
will continue as Chairman of the Conflicts Committee and as a
member of the Audit Committee.
FORWARD LOOKING STATEMENTS
This news release includes forward looking statements. Such
statements are generally not historical in nature, and specifically
include statements about the Company's plans, strategies, business
prospects, changes and trends in its business, the markets in which
it operates and its restructuring efforts. These statements are
made based upon management's current plans, expectations,
assumptions and beliefs concerning future events impacting the
Company and therefore involve a number of risks, uncertainties and
assumptions that could cause actual results to differ materially
from those expressed or implied in the forward-looking statements,
which speak only as of the date of this news release. Consequently,
no forward-looking statement can be guaranteed. When considering
these forward-looking statements, you should keep in mind the risks
described from time to time in the Company's filings with the
Securities and Exchange Commission, including its Annual Report on
Form 20-F (File No. 333-224459). The Company undertakes no
obligation to update any forward looking statements to reflect
events or circumstances after the date on which such statement is
made or to reflect the occurrence of unanticipated events. New
factors emerge from time to time, and it is not possible for the
Company to predict all of these factors. Further, the Company
cannot assess the impact of each such factor on its business or the
extent to which any factor, or combination of factors, may cause
actual results to be materially different from those contained in
any forward looking statement. This information is
subject of the disclosure requirements pursuant to section 5-12 of
the Norwegian Securities Trading Act.
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