Awilco Drilling PLC — Major Shareholding Notification 2021

Jul 10, 2021

AWILCO DRILLING PLC (AWDR) - Notification of primary insider trade

AWILCO DRILLING PLC (AWDR) - Notification of primary insider trade

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

market 20,386 shares in Awilco Drilling Plc ("Awilco Drilling") at a price of

NOK 3.3 per share.

Following the aforementioned transactions, funds managed or otherwise deemed

controlled by QVT hereafter own a total of 4,881,167 shares in Awilco Drilling,

or 8.94% of the registered share capital. QVT's CEO and founder, Dan Gold, is a

member of the board of directors of Awilco Drilling PLC.

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