Ensco plc Announces Cash Dividend and Conversion to Class A Ordinary Shares Listing on NYSE
LONDON--(BUSINESS WIRE)-- Ensco plc (ESV) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.375 per Class A Ordinary Share payable on 22 June 2012 to holders of Enscos shares as of the 11 June 2012 record date.
On 15 May 2012, Ensco announced its plan to convert to a Class A Ordinary Share listing on the NYSE. Ensco has received the necessary regulatory approvals, and effective today, 22 May 2012, Ensco will trade as Class A Ordinary Shares as expected under the same symbol ESV.
Ensco uses its website to disclose material and non-material information to investors, customers, employees and others interested in the Company. To receive regular updates on Ensco news or SEC filings, please sign-up for Email Alerts on the Companys website.
Ensco plc brings energy to the world as a global provider of offshore drilling services to the petroleum industry. For 25 years, the company has focused on operating safely and exceeding customer expectations. In the most recent independent survey of customers completed by EnergyPoint Research, Ensco received the top score in 13 of 17 categories including the #1 rating for total customer satisfaction. Operating the worlds newest ultra-deepwater fleet and largest fleet of active premium jackups, Ensco has a major presence in the most strategic offshore basins across six continents. To learn more about Ensco, visit www.enscoplc.com. Ensco plc is an English limited company (England No. 7023598) with its registered office and corporate headquarters located at 6 Chesterfield Gardens, London W1J 5BQ.
Statements contained in this press release 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. Forward-looking statements include words or phrases such as anticipate, believe, estimate, expect, intend, plan, project, could, may, might, should, will and similar words and specifically include statements regarding expected share trading information. Such statements are subject to numerous risks, uncertainties and assumptions that may cause actual results to vary materially from those indicated, including the eligibility and continued approval of Enscos Class A Ordinary Shares for deposit, book entry and clearing services of The Depository Trust Company and its related parties. In addition to the factors described above, you should also carefully read and consider Item 1A. Risk Factors in Part I and Item 7. Managements Discussion and Analysis of Financial Condition and Results of Operations in Part II of our most recent annual report on Form 10-K, as updated in our subsequent quarterly reports on Form 10-Q, which are available on the SECs website at www.sec.gov or on the Investor Relations section of our website at www.enscoplc.com. 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, except as required by law.
Sean ONeill, 713-430-4607
Vice President - Investor Relations and Communications
Alice Brink, 713-430-4658
Manager - Communications
Source: Ensco plcCopyright Business Wire 2012