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Awilco Drilling PLC

Major Shareholding Notification Mar 27, 2018

3547_mrq_2018-03-27_d8a9913a-e2bc-4525-b23d-5b1e3cd4643f.html

Major Shareholding Notification

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Awilco Drilling PLC: Disclosure of Shareholdings

Awilco Drilling PLC: Disclosure of Shareholdings

On 23 March 2018, the Awilhelmsen Group, through Awilhelmsen Offshore AS, purchased an aggregate 4 921 000 shares in Awilco Drilling PLC ("Awilco Drilling") at a price of NOK 29 per share. These shares were purchased in connection with the private placement approved by an extraordinary general meeting of Awilco Drilling on 23 March 2018. After this transaction, the Awilhelmsen Group owns a total of 17 919 938 shares in Awilco Drilling, or 37,62% of the registered share capital.

The Awilhelmsen Group is represented on the Board of Directors of Awilco Drilling by Sigurd E. Thorvildsen, the CEO of the Awilhelmsen Group of companies, who acts as Non-executive Director and Chairman of the Board and Henrik Fougner, the COO of the Awilhelmsen Group, who acts as Non-executive Director of the Board.

For further information please contact:

Sigurd E. Thorvildsen

Phone: +47 22 01 42 00

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