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Borr Drilling — Director's Dealing 2024
May 30, 2024
6241_dirs_2024-05-30_7f114995-09c6-4502-8180-26e0ea0af030.pdf
Director's Dealing
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| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||
|---|---|---|---|---|
| a) | Name | Patrick Schorn | ||
| 2 | Reason for the notification | |||
| a) | Position/status | Chief Executive Officer | ||
| b) | Initial notification/Amendment | Initial notification | ||
| 3 | Details of issuer | |||
| a) | Name | Borr Drilling Limited | ||
| b) | LEI | 213800J2JPCTXLHQ5R78 | ||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type | |||
| of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
| a) | Description of the financial | Derivative, time based restricted share units ("RSUs") and performance based restricted share units ("PSUs") in Borr Drilling Limited (ISIN: BMG1466R1732) |
||
| instrument, type of instrument | ||||
| Identification code | ||||
| b) | Nature of the transaction | Granting/acceptance of restricted and performance share units | ||
| c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
| 0 | 1 000 000 | |||
| d) | Aggregated information Aggregated volume — Price — |
The RSUs and PSUs will vest as follows: 500,000 RSUs December 31, 2025 250,000 RSUs will vest December 31, 2026 250,000 PSUs will vest December 31, 2026 at a price of \$0 |
||
| e) | Date of the transaction | 30 May 2024 | ||
| f) | Place of the transaction | Outside a trading venue |
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