Awilco Drilling PLC — Board/Management Information 2021

Sep 9, 2021

AWILCO DRILLING PLC (AWDR) - Notification of Trade of Primary Insider

AWILCO DRILLING PLC (AWDR) - Notification of Trade of Primary Insider

On 8 September 2021, funds managed by QVT Financial LP ("QVT") purchased in the

open market 1,997 shares in Awilco Drilling Plc ("Awilco Drilling") at a price

of NOK 4 per share.

Following the aforementioned transactions, funds managed or otherwise deemed

controlled by QVT hereafter own a total of 5,062,073 shares in Awilco Drilling,

or 9.27% of the registered share capital. QVT's CEO and founder, Dan Gold, is a

member of the board of directors of Awilco Drilling.

For further information, please contact Meg Eisner at QVT Financial LP at +1

(212) 705-6229.

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act.