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Awilco Drilling PLC

Major Shareholding Notification Apr 10, 2018

3547_mrq_2018-04-10_4c9f3223-b428-4ac6-b634-defec8b4c1ba.html

Major Shareholding Notification

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DISCLOSURE OF SHAREHOLDINGS

DISCLOSURE OF SHAREHOLDINGS

On 9 April 2018, funds deemed controlled by QVT Financial LP ("QVT") purchased in the open market 160,480 shares in Awilco Drilling Plc ("Awilco Drilling") at a price of NOK 35.4 per share.

Following the aforementioned transaction, funds managed or otherwise deemed controlled by QVT hereafter own a total of 4,087,044 shares in Awilco Drilling, or 8.58% 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.

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