Borr Drilling Ltd. and plans to release its financial results for the fourth quarter 2023 on Thursday, February 22, 2024. A conference call and webcast is scheduled for 15:00 CET and participants are encouraged to dial in 10 minutes before the start of the call. The earnings report and presentation will be available from the Investor Relations section on www.borrdrilling.com. In order to listen to the presentation, you [...]
Borr Drilling Ltd. is pleased to announce new contract commitments totaling 495 days and $82.2 million in contract revenue for three of its premium jack-up rigs, excluding mobilization and demobilization compensation. Firstly, BW Energy has extended the contract for the "Norve" by approximately two months through July 2024. The "Mist" has secured a contract extension from a subsidiary of Valeura Energy in Thailand. The [...]
Borr Drilling Ltd. and today announces that the Company's Board of Directors has approved a cash distribution of paid-in capital of US$0.05 per share for the third quarter of 2023. Note to shareholders registered in Euronext VPS, the Norwegian Central Security Depository: Due to implementation of the Central Securities Depository Regulation in Norway, please note the information regarding the payment date for the shares [...]
Borr Drilling Ltd. and advises that a Special General Meeting of the Company was held on December 22, 2023 at 10:00 local time, at the Registered Office of the Company, 2nd Floor, S.E. Pearman Building, 9 Par-la-Ville Road, Hamilton HM 11, Bermuda. The following resolution was approved by the Company's shareholders: "To approve a reduction of the Share Premium account of the Company from US$2,290,578,712 to US [...]
The board of directors in Borr Drilling Ltd. has today approved a share repurchase program for the Company's shares, to be purchased in the open market and limited to a total amount of USD 100,000,000. The timing and amount of any shares repurchased will be determined by the company based on its evaluation of market conditions and other factors and as permitted by securities laws and other legal requirements. The [...]
Borr Drilling Ltd. and advises that the Company will hold a Special General Meeting on December 22, 2023 to approve a reduction of the Company's Share Premium account and to credit the same amount resulting from this reduction to the Company's Contributed Surplus account, which will enable dividend payments to shareholders. The Board of Directors has fixed the close of business on November 27, 2023 as the record date for [...]
Borr Drilling Ltd. and advises that the Company will hold a Special General Meeting on Friday, December 22nd, 2023 to approve a reduction of the Company's Share Premium account and to credit the same amount resulting from this reduction to the Company's Contributed Surplus account, which will enable dividend payments to shareholders. The Board of Directors has fixed the close of business on Monday, 27th November, 2023 as [...]
Please find enclosed the presentation of Borr Drilling Ltd.'s third quarter 2023 results to be held on the webcast/conference call at 15:00 CET on November 16, 2023. In order to listen to the presentation, you may do one of the following: a) Webcast To access the webcast, please go to the following link: https://edge.media-server.com/mmc/p/3j6z5pav b) Conference Call Please use this link to register for the conference [...]
Borr Drilling Ltd. announces unaudited results for the three and nine months ended September 30, 2023. Highlights Third Quarter of 2023 Total operating revenues of $191.5 million, an increase of $4.0 million or 2% compared to the second quarter of 2023. Net income of $0.3 million, a decrease of $0.5 million compared to the second quarter of 2023. Adjusted EBITDA of $88.2 million, an increase of $4.2 million or 5% compared [...]
Borr Drilling Ltd. and plans to release its financial results for the third quarter 2023 on Thursday, November 16, 2023. A conference call and webcast is scheduled for 15:00 CET and participants are encouraged to dial in 10 minutes before the start of the call. The earnings report and presentation will be available from the Investor Relations section on www.borrdrilling.com. In order to listen to the presentation, you may [...]
HAMILTON, Bermuda, Oct. 27, 2023 /PRNewswire/ -- Borr Drilling Ltd. and refers to the private placement of 7,522,838 new shares at a subscription price of NOK 74/USD 6.65 announced on 24 October 2023 . Drew Holdings Ltd. , a close associate of Mr. Tor Olav Trøim, has subscribed to and received 752,284 of the New Shares at the Subscription Price. Mr. Trøim is the chair of Borr's board and thus, as per the Market Abuse [...]
Borr Drilling Ltd. and refers to the stock exchange releases on 23rd and 24th October 2023 related to the private placement with gross proceeds of USD 50 million . To arrange for a DVP settlement to the investors who were allocated any of the 7,522,838 offer shares in the Private Placement, estimated on 26 October 2023, of immediately tradeable shares, the Company has today, arranged the shares to be legally and validly [...]
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