-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Wu+Cpv/+HdP7/mQlOs1AE/o2Fz4BCzWsuJ3LYXx5YXsj3jxKkQyZh8JNC0ae3q8S SkhvT5dJ/IIj5FWcQFTS6A== 0000950129-02-003287.txt : 20020627 0000950129-02-003287.hdr.sgml : 20020627 20020627083119 ACCESSION NUMBER: 0000950129-02-003287 CONFORMED SUBMISSION TYPE: 425 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20020627 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WEATHERFORD INTERNATIONAL INC /NEW/ CENTRAL INDEX KEY: 0000032908 STANDARD INDUSTRIAL CLASSIFICATION: OIL & GAS FILED MACHINERY & EQUIPMENT [3533] IRS NUMBER: 042515019 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 425 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13086 FILM NUMBER: 02688296 BUSINESS ADDRESS: STREET 1: 515 POST OAK BLVD STREET 2: SUITE 600 CITY: HOUSTON STATE: TX ZIP: 77027-3415 BUSINESS PHONE: 7132978400 MAIL ADDRESS: STREET 1: 5 POST OAK PARK STREET 2: STE 1760 CITY: HOUSTON STATE: TX ZIP: 77027-3415 FORMER COMPANY: FORMER CONFORMED NAME: EVI INC DATE OF NAME CHANGE: 19980226 FORMER COMPANY: FORMER CONFORMED NAME: EVI WEATHERFORD INC DATE OF NAME CHANGE: 19980528 FORMER COMPANY: FORMER CONFORMED NAME: ENERGY VENTURES INC /DE/ DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WEATHERFORD INTERNATIONAL LTD CENTRAL INDEX KEY: 0001170565 STANDARD INDUSTRIAL CLASSIFICATION: DRILLING OIL & GAS WELLS [1381] STATE OF INCORPORATION: D0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 425 BUSINESS ADDRESS: STREET 1: 515 POST OAK BLVD STREET 2: STE 600 CITY: HOUSTON STATE: TX ZIP: 77027-3415 BUSINESS PHONE: 7136934000 MAIL ADDRESS: STREET 1: 515 POST OAK BLVD STREET 2: STE 600 CITY: HOUSTON STATE: TX ZIP: 77027-3415 425 1 h98047e425.txt RULE 425 FILING Filer: Weatherford International Ltd. Pursuant to Rule 425 under the Securities Act of 1933 and Rule 14a-6 under the Securities Exchange Act of 1934 Subject Company: Weatherford International, Inc. Commission File No.: 001-13086 Registration Statement No.: 333-85644 [WEATHERFORD LOGO] NEWS RELEASE WEATHERFORD COMPLETES RESTRUCTURING AFTER SHAREHOLDER APPROVAL HOUSTON, June 26, 2002 -- Weatherford International, Inc. (NYSE: WFT) announced today that at a Special Shareholders' Meeting a proposal to change the Company's place of incorporation from Delaware to Bermuda was overwhelmingly approved. 91,133,457 shares, or 93 percent of the total number of shares voted were cast in favor of the proposal. In all, 97,879,628 shares were voted, representing 82 percent of the 119,311,167 total shares outstanding and entitled to vote. The Company completed the restructuring transaction effective as of the close of business today. As a result, Weatherford International, Inc. has become a wholly owned, indirect subsidiary of Weatherford International Ltd. As of the close of business today, each share of Weatherford International, Inc. was automatically converted into the right to receive a share of Weatherford International Ltd. and all stockholders of Weatherford International, Inc. have become shareholders of Weatherford International Ltd. Weatherford shares will continue to be listed and traded on the New York Stock Exchange under the ticker symbol "WFT". Weatherford's transfer agent will mail stockholders a letter of transmittal and instructions for the exchange of their current stock certificates into shares of the Bermuda company. Weatherford is one of the largest global providers of innovative mechanical solutions, technology and services for the drilling and production sectors of the oil and gas industry. Weatherford operates in over 100 countries and employs approximately 15,000 people worldwide. # # # Contact: Don Galletly (713) 693-4148 Lisa Rodriguez (713) 693-4746 This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 concerning, among other things, Weatherford's prospects for its operations and the successful completion of the plan of restructuring, all of which are subject to certain risks, uncertainties and assumptions. These risks and uncertainties, which are more fully described in Weatherford International, Inc.'s reports and registration statements filed with the SEC, include the impact of oil and natural gas prices and worldwide economic conditions on drilling activity, the demand for and pricing of Weatherford's products and services, domestic and international economic and regulatory conditions and changes in tax and other laws affecting the proposed restructuring and our business. Should one or more of these risks or uncertainties materialize, or should the assumptions prove incorrect, actual results may vary in material aspects from those currently anticipated. -----END PRIVACY-ENHANCED MESSAGE-----