Return of Capital to Shareholders through Reduction in Par Value
Noble-Switzerland Since Change in Place of Incorporation (Since March 27, 2009)
On April 30, 2010, the shareholders of the Company approved a regular return of capital through a reduction in par value in an aggregate amount equal to 0.52 CHF per share, to be paid in four installments as set forth below, as well as a special return of capital through a reduction in par value in an amount equal to 0.56 CHF (to be paid in August 2010 together with the first installment of the regular return of capital).
| August 2010: | CHF 0.69 (CHF 0.13 regular and CHF 0.56 special) |
| November 2010: | CHF 0.13 |
| February 2011: | CHF 0.13 |
| May 2011: | CHF 0.13 |
After giving effect to the return of capital paid on May 20, 2010, the par value of the Company’s shares was CHF 4.75 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 to date:
Declaration Date |
Ex-Dividend Date |
Record Date |
Payment Date |
Installment Amount |
Exchange Rate |
Installment Amount |
| 30-Apr-2010 | 06-May-2010 | 10-May-2010 | 20-May-2010 | 0.05 | 1.1287 | $0.044299 |
| 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 |
On May 28, 2009, the shareholders of the Company approved a return of capital to shareholders through a reduction in par value in an aggregate amount equal to 0.25 CHF per share, which was 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 |
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, its 2009 General Meeting of Shareholders and its 2010 General Meeting of Shareholderseach 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. | ||||