SDRL - Seadrill Receives Notice from NYSE regarding Continued Listing Standard
Hamilton, Bermuda, April 8, 2020 – Seadrill Limited (the “Company” or “Seadrill”) (NYSE:SDRL, OSE:SDRL), today announced that on March 26, 2020, the Company has received written notice from the New York Stock Exchange (the “NYSE”) that the Company is not in compliance with the NYSE continued listing standard with respect to the minimum average share price required by the NYSE because the average closing price of its common shares had fallen below $1.00 per share over a period of 30 consecutive trading days. As of March 24, 2020, the average closing price per share of the Company over the