|Mon, 02 Jul 2018
|NADL - Chapter 11 Plan Effective
Hamilton, Bermuda, July 2, 2018 - North Atlantic Drilling Ltd. ("NADL" or the "Company"), makes reference to the announcement made by Seadrill Limited today, July 2, 2018. Further to Seadrill Limited emerging from chapter 11, the common shares in NADL will be deregistered from the Norwegian OTC market and cancelled in due course with no recovery for existing shareholders. 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.