ISIN Number: AN8068571086
SCHLUMBERGER LIMITED (the “Company” or “Schlumberger”) hereby announces that the Company’s Board of Directors (the “Board”) in January 2020 approved the cancellation of the listing of the Company’s common stock (the “Shares”) on the standard segment of the Official List of the London Stock Exchange (the “LSE”) and the cancellation of admission to trading of such shares on the main market of the LSE (together, the “Cancellation”). Consequently, the Company intends to apply to the UK Financial Conduct Authority and the LSE to request the Cancellation.
In accordance with UK Listing Rule 5.2.8, the Company is required to give at least 20 business days’ notice to the LSE of the intended Cancellation. It is anticipated that the Cancellation will take effect on or about 27 March 2020.
The Board approved the Cancellation for the following reasons:
As a result of its primary listing on the NYSE, Schlumberger will continue to be subject to the rules and regulations of the US Securities and Exchange Commission and all other laws, rules and regulations applicable to a company with a primary listing of shares on the NYSE.
For further information, please contact:
Simon Farrant – Vice President of Investor Relations, Schlumberger Limited
Joy V. Domingo – Director of Investor Relations, Schlumberger Limited
Office +1 (713) 375-3535