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Thursday, September 21, 2017

Equity Corporate Actions Alert #2017 - 26
Information Regarding the Scheme of Arrangement for Ocean Rig UDW Inc. (ORIG)

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  • Listing

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The previously announced Scheme of Arrangement for Ocean Rig UDW Inc. (ORIG) is expected to become effective at 5:00PM, today Thursday, September 21, 2017. In conjunction with the effectiveness the outstanding shares of common stock will be exchanged on a one-for-nine thousand two hundred (1-9200) basis and the company will issue approximately 90,651,799 new shares of common stock on a post-split basis.

The currently listed Ocean Rig UDW Inc. (ORIG) Common Stock will be suspended from trading on Nasdaq. The details are as follows:

Company: Ocean Rig UDW Inc.
Issue: Common Stock
CUSIP#: G66964100
Symbol: ORIG
Marketplace Effective Date for Suspension: September 22, 2017
Consideration: 1 share Ocean Rig UDW Inc. NEW for every 9200 held.

The NEW shares of Ocean Rig UDW Inc. (ORIG) will list on Nasdaq at the open of business on September 22, 2017. The details are as follows:

Company Ocean Rig UDW Inc. New
Issue: Common Stock
CUSIP#: G66964118
Symbol: ORIG

If you would like to register as a market maker in ORIG, contact Nasdaq Trading Operations at +1 212 231 5100.

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