LUXEMBOURG--(BUSINESS WIRE)--
Pacific Drilling S.A. (NYSE: PACD) (the “Company”) announced
today that it has provided Notice of its Annual General Meeting and
Notice of an Extraordinary General Meeting to shareholders, both
meetings to be held on May 24, 2016.
The Notice of Annual General Meeting is being distributed to the
Company’s common shareholders of record as of April 8, 2016 in advance
of the Annual General Meeting, which will be held on May 24, 2016,
at 10:00 a.m. (Central European Time) at the Company’s registered
office, located at 8-10 Avenue de la Gare, L-1610 Luxembourg.
The Notice of Extraordinary General Meeting is being distributed
to Pacific Drilling common shareholders of record as of April 22, 2016
in advance of the Extraordinary General Meeting, which will be held
on May 24, 2016, at 3:00 p.m. (Central European Time) at the Company’s
registered office.
The purpose of the Extraordinary General Meeting is to submit to
shareholders for approval a 10-for-1 reverse stock split of the
Company’s shares with the intent to increase the per share trading price
of the Company’s shares in order to satisfy the continued listing
requirements of the New York Stock Exchange.
The notices are available on the Company website at www.pacificdrilling.com in
the “Events & Presentations” subsection of the “Investor Relations”
section.
About Pacific Drilling
With its best-in-class drillships and highly experienced team, Pacific
Drilling is committed to becoming the industry’s preferred
ultra-deepwater drilling contractor. Pacific Drilling’s fleet of seven
drillships represents one of the youngest and most technologically
advanced fleets in the world. For more information about Pacific
Drilling, including its current Fleet Status, please visit www.pacificdrilling.com.
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Source: Pacific Drilling