Rowan Companies plc (NYSE:RDC) Files An 8-K Regulation FD Disclosure
Item 7.01Regulation FD Disclosure.
The information set forth inItem 8.01is incorporated herein by reference.
On March 27, 2019, Rowan Companies plc, a public limited company organized under the laws of England and Wales (the “Company” or “Rowan”) issued a press release in connection with the KSA Clearance (as defined below). A copy of the press release is hereby incorporated by reference and attached hereto as Exhibit 99.1.
In accordance with General Instruction B.2 of Form 8-K, the information set forth in this Item 7.01 and the attached Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item 8.01 Other Events.
Rowan is filing this Current Report on Form 8-K to provide an update regarding the transaction to effect a “merger-of-equals” with Ensco plc, a public limited company organized under the laws of England and Wales (the “Transaction”). On March 27, 2019, the Company received written clearance from the General Authority for Competition in the Kingdom of Saudi Arabia (the “KSA Clearance”). Receipt of the KSA Clearance satisfies the final regulatory condition to the closing of the Transaction, which remains subject to other customary closing conditions, including the High Court of Justice’s sanctioning of the scheme of arrangement.
Item 9.01. Financial Statements and Exhibits.
(d)Exhibits
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ROWAN COMPANIES PLC Exhibit
EX-99.1 2 tv517345_ex99-1.htm EXHIBIT 99.1 Press Release Contacts: Investor Relations [email protected] +1 713 621 7800 FOR IMMEDIATE RELEASE Rowan Companies plc Receives Clearance from the General Authority for Competition in the Kingdom of Saudi Arabia for Pending Combination with Ensco plc HOUSTON,…
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About Rowan Companies plc (NYSE:RDC)
Rowan Companies plc is a provider of offshore contract drilling services to the international oil and gas industry. The Company operates through two segments: deepwater and jack-ups. Its deepwater segment consists of drillship operations. Its fleet consists of approximately 30 mobile offshore drilling units, including self-elevating jack-up rigs and ultra-deepwater drillships. Its drilling fleet consists of approximately four ultra-deepwater drillships; 20 high-specification cantilever jack-up rigs, including three N-Class rigs, four EXL class rigs, three 240C class rigs, four enhanced Super Gorilla class rigs, one Gorilla class rig, and four Tarzan Class rigs, and eight cantilever jack-up rigs, including two Gorilla class rigs and six 116-C class rigs. The Company’s fleet operates across the world, including the United States Gulf of Mexico, the United Kingdom and Norwegian sectors of the North Sea, the Middle East and Trinidad.
