Return of Capital to Shareholders through Reduction in Par Value
Noble-Switzerland Since Change in Place of Incorporation (Since March 27, 2009)
On May 28, 2009, the shareholders of the Company approved a return of capital to shareholders through a reduction in par value (referred to in our 2009 Annual General Meeting of Shareholders Proxy Statement as a ‘dividend’) in an aggregate amount equal to 0.25 CHF per share, to be paid in four installments as follows:
| August 2009: | CHF 0.10 |
| November 2009: | CHF 0.05 |
| February 2010: | CHF 0.05 |
| May 2010: | CHF 0.05 |
The par value of the Company’s shares on May 28, 2009 was CHF 5.00 per share. In connection with the return of capital described above, the par value per share will be reduced by the indicated amount on or about the dates indicated above. The table below reflects installments which have been paid:
Declaration Date |
Ex-Dividend Date |
Record Date |
Payment Date |
Installment Amount |
Exchange Rate |
Installment Amount |
| 08-Feb-2010 | 16-Feb-2010 | 18-Feb-2010 | 26-Feb-2010 | 0.05 | 1.0819 | $0.046215 |
| 29-Oct-2009 | 05-Nov-2009 | 09-Nov-2009 | 19-Nov-2009 | 0.05 | 1.0117 | $0.049421 |
| 31-Jul-2009 | 07-Aug-2009 | 11-Aug-2009 | 26-Aug-2009 | 0.10 | 1.0622 | $0.094144 |
Under current Swiss tax law, distributions to shareholders in the form of a reduction in par value are exempt from Swiss withholding tax. However, we urge you to consult Noble’s Proxy Statements relating to its Change of Incorporation and its 2009 Annual General Meeting of Shareholders, each as filed with the U.S. Securities and Exchange Commission. We also urge you to consult your tax advisor for more information.
Dividend Information
Noble-Cayman Prior to Change in Place of Incorporation (March 27, 2009)
Declaration Date |
Ex-Dividend Date |
Record Date |
Payment Date |
Dividend Amount |
| 30-Jan-2009 | 09-Feb-2009 | 11-Feb-2009 | 02-Mar-2009 | $0.04 |
| 31-Oct-2008 | 12-Nov-2008 | 10-Nov-2008 | 01-Dec-2008 | $0.04 |
| 04-Aug-2008 | 11-Aug-2008 | 13-Aug-2008 | 29-Aug-2008 | $0.04 |
| 30-Apr-2008 | 12-May-2008 | 14-May-2008 | 30-May-2008 | $0.04 |
| 16-Apr-2008 | 28-Apr-2008 | 30-Apr-2008 | 16-May-2008 | $0.75 |
| 08-Feb-2008 | 15-Feb-2008 | 20-Feb-2008 | 03-Mar-2008 | $0.04 |
| 25-Oct-2007 | 05-Nov-2007 | 07-Nov-2007 | 03-Dec-2007 | $0.04 |
| 27-Jul-2007 | 05-Sep-2007 | 07-Sep-2007 | 21-Sep-2007 | $0.04 |
| 25-Apr-2007 | 03-May-2007 | 07-May-2007 | 01-Jun-2007 | $0.02* |
| 02-Feb-2007 | 12-Feb-2007 | 14-Feb-2007 | 01-Mar-2007 | $0.02* |
| 27-Oct-2006 | 06-Nov-2006 | 08-Nov-2006 | 01-Dec-2006 | $0.02* |
| 28-Jul-2006 | 07-Aug-2006 | 09-Aug-2006 | 01-Sep-2006 | $0.02* |
| 26-Apr-2006 | 04-May-2006 | 08-May-2006 | 01-Jun-2006 | $0.02* |
| 03-Feb-2006 | 13-Feb-2006 | 15-Feb-2006 | 01-Mar-2006 | $0.02* |
| 01-Nov-2005 | 07-Nov-2005 | 09-Nov-2005 | 01-Dec-2005 | $0.02* |
| 22-Jul-2005 | 01-Aug-2005 | 03-Aug-2005 | 01-Sep-2005 | $0.01* |
| 27-Apr-2005 | 05-May-2005 | 09-May-2005 | 01-Jun-2005 | $0.01* |
| 04-Feb-2005 | 14-Feb-2005 | 16-Feb-2005 | 01-Mar-2005 | $0.01* |
| *Dividend amount has been adjusted to reflect 2-for-1 stock split announced July 27, 2007. | ||||