The board of Subsea 7 has proposed an extraordinary dividend of USD 0.60 per share. The dividend is subject to approval at the Annual General Meeting (AGM) to be held on June 6, 2012. The Ex-date is yet to be determined. Provided that the AGM approves the proposal, NASDAQ OMX Derivatives Markets will carry out a re-calculation of options, forwards and futures in Subsea 7 (SUBCN).
For further information, please see the attached file.