Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Seadrill Limited
(Name of Issuer)
Common Shares, par value $0.01 per share
(Title of Class of Securities)
G7997W102
(CUSIP Number)
July 11, 2023
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
| ¨ | Rule 13d-1(b) |
| ¨ | Rule 13d-1(c) |
| x | Rule 13d-1(d) |
*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
| Schedule 13G | Page 2 of 7 |
CUSIP No. G7997W102
| 1. | Name of Reporting Person: Støperigata Holding AS |
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) |
| (a) | ¨ | |
| (b) | ¨ |
| 3. | SEC Use Only |
| 4. |
Citizenship or Place of Organization: Norway |
|
Number of Shares Beneficially Owned by Each Reporting Person With: |
5. | Sole Voting Power: 0 |
| 6. | Shared Voting Power: 0 | |
| 7. | Sole Dispositive Power: 0 | |
| 8. | Shared Dispositive Power: 0 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person: 0 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨ |
| 11. | Percent of Class Represented by Amount in Row (9): 0% |
| 12. | Type of Reporting Person (See Instructions): OO |
| Schedule 13G | Page 3 of 7 |
CUSIP No. G7997W102
| 1. | Name of Reporting Person: Eksportfinansiering Norge |
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) |
| (a) | ¨ | |
| (b) | ¨ |
| 3. | SEC Use Only |
| 4. |
Citizenship or Place of Organization: Norway |
|
Number of Shares Beneficially Owned by Each Reporting Person With: |
5. | Sole Voting Power: 0 |
| 6. | Shared Voting Power: 0 | |
| 7. | Sole Dispositive Power: 0 | |
| 8. | Shared Dispositive Power: 0 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person: 0 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨ |
| 11. | Percent of Class Represented by Amount in Row (9): 0% |
| 12. | Type of Reporting Person (See Instructions): OO |
| Schedule 13G | Page 4 of 7 |
| Item 1. (a) |
Name of Issuer: Seadrill Limited |
| Item 1. (b) |
Address of Issuer's Principal Executive Offices: Park Place, 55 Par-la-Vile Road, Hamilton HM 11, Bermuda |
& #xA0;
| Item 2. (a) |
Names of Persons Filing: 1. Støperigata Holding AS 2. Eksportfinansiering Norge (each of the above, the "Reporting Persons")
This statement relates to Common Shares in Seadrill Limited held by Støperigata Holding AS. Eksportfinansiering Norge is the sole shareholder of Støperigata Holding AS.
The Reporting Persons have entered into a Joint Filing Agreement, a copy of which was filed as Exhibit 99.1 to the Schedule 13G filed by the Reporting Persons on January 10, 2023 with respect to the Common Shares of Seadrill Limited (the “Schedule 13G”), and is incorporated herein by reference. Pursuant to the Joint Filing Agreement, the Reporting Persons have agreed to file this Amendment No. 1 to Schedule 13G jointly in accordance with the provisions of Rule 13d-1(k)(1) under the Act. |
| Item 2. (b) |
Address of Principal Business Office or, if none, Residence:
The principal business address for Støperigata Holding AS is:
Haakon VIIs gate 1 0161 Oslo Norway
The principal business address for Eksportfinansiering Norge is:
Støperigata 1 0250 Oslo Norway |
| Item 2. (c) |
Citizenship: Støperigata Holding AS and Eksportfinansiering Norge are organized under the laws of Norway. |
| Item 2. (d) |
Title of Class of Securities: Common Shares, par value $0.01 per share |
| Item 2. (e) |
CUSIP Number: G7997W102 |
| Item 3. |
If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: Not applicable. |
| Item 4. |
Ownership The information set forth in rows 5 through 11 of the cover page hereto for each of the Reporting Persons is incorporated herein by reference.
As of July 11, 2023, none of the Reporting Persons beneficially owns any Common Shares in Seadrill Limited. |
| Schedule 13G | Page 5 of 7 |
| Item 5. | Ownership of Five Percent or Less of a Class |
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following x.
| Item 6. | Ownership of More than Five Percent on Behalf of Another Person |
Not applicable.
| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person |
Not applicable.
| Item 8. | Identification and Classification of Members of the Group |
Not applicable.
| Item 9. | Notice of Dissolution of Group |
Not applicable.
| Item 10. | Certifications |
Not applicable.
| Schedule 13G | Page 6 of 7 |
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Dated: August 8, 2023
| STØPERIGATA HOLDING AS | ||
| By: | /s/ Siri Hatlen | |
| Name: | Siri Hatlen | |
| Title: | Board Member | |
| By: | /s/ Lars Erik Grødal | |
| Name: | Lars Erik Grødal | |
| Title: | Board Member | |
| EKSPORTFINANSIERING NORGE | ||
| By: | /s/ Tone Cathrine Lunde Bakker | |
| Name: | Tone Cathrine Lunde Bakker | |
| Title: | Chief Executive Officer | |
| Schedule 13G | Page 7 of 7 |
LIST OF EXHIBITS
| Exhibit No. | Description |