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Borr Drilling Limited - Notification of PDMR transaction

PR Newswire
·1-min read

HAMILTON, Bermuda, March 6, 2024 /PRNewswire/ -- Drew Holdings Ltd., a close associate of Mr. Tor Olav Trøim, has on 5 March, 2024, bought 200,000 common shares in Borr Drilling Limited 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

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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

 

Cision
Cision

View original content:https://www.prnewswire.com/news-releases/borr-drilling-limited--notification-of-pdmr-transaction-302080988.html

SOURCE Borr Drilling Limited