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Awilco Drilling PLC

Major Shareholding Notification • Mar 3, 2021

3547_mrq_2021-03-03_513a84a2-c377-442f-93b5-72190a391d81.html

Major Shareholding Notification

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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.