Awilco Drilling PLC

Director's Dealing • Dec 24, 2022

Correction: Awilco Drilling PLC: Mandatory notification of trade - primary insiders

Correction: Awilco Drilling PLC: Mandatory notification of trade - primary insiders

Reference is made to the stock exchange announcement by Awilco Drilling PLC (the

"Company") published on 21 December 2022, regarding the successful private

placement of new Sponsored Norwegian Depository Receipts in the Company (the

"Private Placement").

Certain of the Company's primary insiders and their close associates have

subscribed and been allocated new Sponsored Norwegian Depository Receipts in the

Private Placement as further described in the attached forms.

Aberdeen, 24 December 2022

For further information please contact:

Erik Jacobs, CEO of Awilco Drilling; Tel: +44 1224 737900

Cathrine Haavind, Investor Relations of Awilco Drilling; Tel: +47 93 42 84 64,

ch@awilcodrilling.com (mailto:ch@awilcodrilling.com)

This information is subject to the disclosure requirements in Article 19 of MAR

(Regulation (EU) No. 596/2014 on market abuse) as implemented in Norway in

accordance with section 3-1 of the Norwegian Securities Trading Act.

.