HAMILTON, March 6, 2024 - Drew Holdings Ltd., a close associate of Mr. Tor Olav Trøim, has on 5 March, 2024, bought 200,000 common shares in Borr Drilling Ltd. at an average price of $5.9962 per share. Mr. Trøim is the chairman of Borr's board and thus, as per the Market Abuse Directive, a person discharging managerial responsibilities in Borr (a «PDMR»).
Mr. Trøim and his close associates will, following the completion of this transaction, own 16,022,385 shares in Borr Drilling.
A completed PDMR form reflecting the above is attached hereto.
Hamilton, Bermuda
6 March 2024
This information is subject to the disclosure requirements in Article 19 of the Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act.
CONTACT:
Questions should be directed to: Magnus Vaaler, CFO, +44 1224 289208
The following files are available for download:
| https://mb.cision.com/Public/16983/3941329/85f2ed4f2f149235.pdf | PDMR Form Drew |
View original content:https://www.prnewswire.com/news-releases/borr-drilling-limited--notification-of-pdmr-transaction-302080988.html
SOURCE Borr Drilling Ltd.
