The shares listed on the New York Stock Exchange are identified by CUSIP G65431127. These shares are reflected in the US component of Noble's share register maintained by Computershare. The shares are tradable on the New York Stock Exchange, with transactions settling within the systems of the Depositary Trust Company ("DTC").
The share entitlements listed on Nasdaq Copenhagen are identified by ISIN GB00BMXNWH07. These share entitlements are reflected in and settled through the central securities depository system maintained by Euronext Securities Copenhagen (“Euronext”) and are tradable on Nasdaq Copenhagen A/S.
Both shares and share entitlements are entitled to identical dividends and voting rights. The only difference is that the shares listed on the New York Stock Exchange are denominated in USD and are eligible to receive dividends in USD, while the share entitlements listed on Nasdaq Copenhagen are traded in DKK and are eligible to receive dividends in DKK.
Noble's shares are listed on the New York Stock Exchange, and share entitlements are listed on Nasdaq Copenhagen. To settle trades placed on the New York Stock Exchange, securities must be recorded in an account of your broker in DTC on the settlement date, and to settle trades placed on Nasdaq Copenhagen securities must be recorded in an account of your account controller in Euronext on the settlement date, unless otherwise restricted. As such, shares cannot be traded on Nasdaq Copenhagen and share entitlements cannot be traded on New York Stock Exchange. However, it is possible to reposition securities between DTC and Euronext to complete trades placed in either market. Shareholders are advised to discuss the timings and processes with their nominated brokers/account controllers in advance of placing a trade.
Holders of Noble shares or share entitlements can transfer their shares tradeable on New York Stock Exchange from DTC to share entitlements tradeable on Nasdaq Copenhagen in Euronext or vice versa after completing a transferring procedure.
To transfer shares or share entitlements between markets, shareholders must instruct their financial intermediary (bank or broker) to contact Euronext (Noble's Danish transfer agent) or Computershare (Noble's US transfer agent), as may be relevant.
The procedure for transferring shares to share entitlements (or vice versa) by the assistance of the shareholders’ financial intermediary is expected to be completed within three trading days from the time a valid instruction is received from your bank/broker by Euronext or Computershare, as appropriate.
Based on this timing, and the expected timing for settlement in case of a sale, current holders of shares or share entitlements may be able to sell their shares on either the New York Stock Exchange or Nasdaq Copenhagen without delay. In the framework of corporate events (including the payment of dividends or shareholders' meetings), Noble may suspend the transfer of shares or share entitlements for a specific period of time. In such case, Noble will inform holders of shares or share entitlements about such event on its website. As the processes, services and timings may differ between different banks and brokers, shareholders are recommended to discuss timings and processes with their bank or broker before committing to a trade.
To transfer Noble share entitlements tradeable on Nasdaq Copenhagen from Euronext to shares tradeable on New York Stock Exchange in DTC, holders of share entitlements must be able to take delivery of shares in the US. This requires access to a US securities account. Please contact your financial intermediary (bank or broker) to assist with these arrangements.
To transfer Noble shares tradeable on the New York Stock Exchange from DTC to share entitlements tradeable on Nasdaq Copenhagen in Euronext, shareholders must be able to take delivery of their share entitlements in Denmark. This requires access to a Danish securities account. Please contact your financial intermediary (bank or broker) to assist with these arrangements.
Please contact your financial intermediary (bank or broker) about handling fees for the transfer of shares or share entitlements and costs associated with holding shares in DTC and trading on the New York Stock Exchange or holding share entitlements in Euronext and trading on Nasdaq Copenhagen.
The transfer of share entitlements held through Euronext and listed on Nasdaq Copenhagen into shares held through DTC and listed on the New York Stock Exchange, or vice versa, is not expected to have any US or Danish income tax consequences.
However, holders of shares or share entitlements should consult their qualified independent tax advisor regarding any potential tax treatment of the holders' investment in Noble shares or share entitlements before transferring their shares or share entitlements.
The shares traded and sold on the New York Stock Exchange can only be settled within DTC, however, they may be repositioned to be held through Euronext and traded on Nasdaq Copenhagen after completing the procedure for transferring shares into share entitlements.
The share entitlements traded and sold on Nasdaq Copenhagen can only be settled within Euronext, however, they may be repositioned to be shares held through DTC and traded on the New York Stock Exchange after completing the procedure for transferring into share entitlements.
Computershare
For general shareholder enquiries:
For specific enquiries regarding the process for the repositioning of shares between the US and Denmark:
Euronext
For all enquiries: