A.P. Moller - Maersk and Maersk Drilling publish the statutory documents concerning the demerger and listing of Maersk Drilling
Maersk Drilling has published a listing document, which forms the basis for admission to trading and official listing of the Maersk Drilling shares on Nasdaq Copenhagen, the company said in its release. The demerger of A.P. Moller - Maersk must be approved at A.P. Moller - Maersk's Annual General Meeting. The notice to convene for A.P. Moller – Maersk’s annual general meeting, including the agenda and other relevant information concerning the demerger is accessible on A.P. Moller - Maersk's website https://investor.maersk.com under AGM2019.
Trading in A.P. Moller – Maersk including Maersk Drilling ceases 3 April 2019 at 5:00 p.m. CEST
Trading in shares in A.P. Moller - Maersk on Nasdaq Copenhagen up to and including 3 April 2019 at 5:00 pm CEST on usual market conditions will include Maersk Drilling and thus give the right to receive Maersk Drilling shares in connection with the demerger. On 4 April 2019, the separate shares are expected to begin trading on Nasdaq Copenhagen. Any trade of the A.P. Moller - Maersk shares on Nasdaq Copenhagen after 3 April 2019 at 5:00 pm CEST will not include Maersk Drilling and thus not give the right to receive Maersk Drilling shares in connection with the demerger.
First day of trading – 4 April 2019
The first day of admission for trading and official listing of the Maersk Drilling share on Nasdaq Copenhagen is 4 April 2019.
Demerger record date – 5 April 2019
Maersk Drilling shares will be distributed to A.P. Moller - Maersk shareholders registered in VP Securities on 5 April 2019 at 5:59 pm CEST.
Expected delivery of Maersk Drilling shares to shareholders – 8 April 2019
The Maersk Drilling shares delivered to A.P. Moller-Maersk's shareholders are expected to be available in VP Securities on or around 8 April 2019.