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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.