August 2013 Dividend Cover 8-K


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8‑K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): August 6, 2013

TRANSOCEAN LTD.
(Exact name of registrant as specified in its charter)

Switzerland
 
000-53533
 
98-0599916
(State or other jurisdiction of
incorporation or organization)
 
(Commission
File Number)
 
(I.R.S. Employer
Identification No.)

10 Chemin de Blandonnet
1214 Vernier, Geneva
Switzerland
 
CH-1214
(Address of principal executive offices)
 
(zip code)

Registrant’s telephone number, including area code: +41 (22) 930-9000
 
 
(Former name or former address, if changed since last report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))






 
Item 8.01 Other Events.

On August 6, 2013, Transocean Ltd. (the "Company") issued a press release announcing the schedule for the payment of the second of four quarterly dividend installments totaling $2.24 per share, which was approved by the shareholders at the Company's 2013 Annual General Meeting held on May 17, 2013. The Company will pay the second installment of $0.56 in accordance with the following schedule:

August 21, 2013 - Ex-dividend date
August 23, 2013 - Record date
September 18, 2013 - Installment payment date to U.S. and Swiss shareholders

For shareholders who choose to receive the second dividend installment in Swiss francs, the dividend payment will be converted into Swiss francs as transacted by Computershare on or about September 16, 2013. The period to elect to receive payment of the second dividend installment in Swiss francs starts on August 26, 2013, 5 p.m. Eastern Daylight Time (EDT), 11 p.m. Central European Summer Time (CEST), and ends on August 30, 2013, 5 p.m., EDT, 11 p.m. CEST.

The Company’s press release is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. Statements regarding the proposed dividend and timing of dividend payment dates, as well as any other statements that are not historical facts, are forward-looking statements that involve certain risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated.


Item 9.01. Financial Statements and Exhibits

(d) Exhibits.
 
Exhibit No.

 
Description

 
 
99.1
 
Press Release dated August 6, 2013








SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
 
TRANSOCEAN LTD.
 
 
 
 
Date: August 6, 2013
By
/s/ Jill S. Greene
 
 
Jill S. Greene
 
 
Authorized Person





Index to Exhibits
Exhibit
 
 
Number
 
Description
 
 
 
99.1

 
Press Release dated August 6, 2013