Awilco Drilling PLC — Director's Dealing 2021

Mar 3, 2021

AWILCO DRILLING PLC (AWDR) – DISCLOSURE OF SHAREHOLDINGS

AWILCO DRILLING PLC (AWDR) – DISCLOSURE OF SHAREHOLDINGS

On 2 March 2021, funds managed by QVT Financial LP (“QVT”) purchased in the open market 37,896 shares in Awilco Drilling Plc (“Awilco Drilling”) at a price of NOK 3.85 per share.

Following the aforementioned transactions, funds managed or otherwise deemed controlled by QVT hereafter own a total of 4,808,188 shares in Awilco Drilling, or 8.81% 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.