Borr Drilling — Director's Dealing 2018

Mar 23, 2018

BDRILL - Borr Drilling Limited - Mandatory notification of trade

BDRILL - 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 a trust where Troim has beneficiary interest, Drew Holdings Limited been allocated a total of 4.35 million new shares at a subscription price of US$ 4.60 in the Equity Offering. Troim will after the issue through the above mentioned affiliated parties represent an ownership of 42.760.588 shares or 8.03%.

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.