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Borr Drilling — Director's Dealing 2017
Oct 9, 2017
6241_dirs_2017-10-09_c84b2d71-fac4-4d6e-b5d4-5ae7aa2a3198.html
Director's Dealing
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Borr Drilling Limited - Mandatory notification of trade
Borr Drilling Limited - Mandatory notification of trade
Reference is made to Borr Drilling Limited's ("Borr
Drilling" or the "Company") stock exchange notice relating
to the successful completion of the Equity Offering.
Tor Olav Trøim, Chairman of the Board, has through his
affiliated company Magni Partners (Bermuda) and two trust
where Troim has beneficiary interest, Taran Holdings Limited
and Drew Holdings Limited been allocated a total of 6.25
million new shares at a subscription price of US$ 4.00 in
the Equity Offering. Troim will after the issue through the
above mentioned affiliated parties represent an ownership of
37.410.588 shares or 7.82%.
This information is subject to duty of disclosure pursuant
to Section 4-2 of the Norwegian Securities Trading Act.
About Borr Drilling
Borr Drilling is an international drilling contractor that
owns and operates jack-up rigs of modern and high-
specification designs providing drilling services to the oil
and gas exploration and production industry worldwide in
water depths up to approximately 400 feet. With a low cost
base, a strong and experienced organisational culture,
combined with a unique capital structure, Borr Drilling is
built to make a difference.
Additional information about Borr Drilling can be found at
www.borrdrilling.com.