Press Release
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PDMR Form
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BORR DRILLING LIMITED
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Date: August 10, 2022
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By:
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/s/ Mi Hong Yoon
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Name:
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Mi Hong Yoon
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Title:
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Director
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1
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Details of the person discharging managerial responsibilities/person closely associated
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a)
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Name
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Patrick Schorn
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2
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Reason for the notification
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a)
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Position/status
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Chief Executive Officer
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b)
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Initial notification/Amendment
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Initial notification
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3
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Details of issuer
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a)
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Name
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Borr Drilling Limited
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b)
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LEI
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213800J2JPCTXLHQ5R78
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4
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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
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a)
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Description of the financial instrument, type of instrument
Identification code
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Common shares in Borr Drilling Limited (ISIN: BMG1466R1732)
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b)
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Nature of the transaction
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Subscription in public offering
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c)
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Price(s) and volume(s)
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Price(s)
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Volume(s)
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3.60
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100,000
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d)
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Aggregated information
— Aggregated volume
— Price
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100,000 shares at a price of USD 3,60 per share for a total of USD 360,000
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e)
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Date of the transaction
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10/08/2022
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f)
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Place of the transaction
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New York Stock Exchange (MIC:XNYS)
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1
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Details of the person discharging managerial responsibilities/person closely associated
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a)
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Name
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Magnus Vaaler
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2
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Reason for the notification
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a)
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Position/status
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Chief Financial Officer
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b)
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Initial notification/Amendment
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Initial notification
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3
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Details of issuer
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a)
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Name
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Borr Drilling Limited
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b)
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LEI
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213800J2JPCTXLHQ5R78
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4
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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
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||
a)
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Description of the financial instrument, type of instrument
Identification code
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Common shares in Borr Drilling Limited (ISIN: BMG1466R1732)
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b)
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Nature of the transaction
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Subscription in public offering
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c)
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Price(s) and volume(s)
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Price(s)
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Volume(s)
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3.60
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10,000
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d)
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Aggregated information
— Aggregated volume
— Price
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10,000 shares at a price of USD 3,60 per share for a total of USD 36,000
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e)
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Date of the transaction
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10/08/2022
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f)
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Place of the transaction
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New York Stock Exchange (MIC:XNYS)
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1
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Details of the person discharging managerial responsibilities/person closely associated
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a)
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Name
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Neil Glass
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2
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Reason for the notification
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a)
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Position/status
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Director
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b)
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Initial notification/Amendment
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Initial notification
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3
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Details of issuer
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a)
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Name
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Borr Drilling Limited
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b)
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LEI
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213800J2JPCTXLHQ5R78
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4
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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
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||
a)
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Description of the financial instrument, type of instrument
Identification code
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Common shares in Borr Drilling Limited (ISIN: BMG1466R1732)
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b)
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Nature of the transaction
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Subscription in public offering
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c)
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Price(s) and volume(s)
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Price(s)
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Volume(s)
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3.60
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12,500
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d)
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Aggregated information
— Aggregated volume
— Price
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12,500 shares at a price of USD 3,60 per share for a total of USD 45,000
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e)
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Date of the transaction
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10/08/2022
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f)
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Place of the transaction
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New York Stock Exchange (MIC:XNYS)
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1
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Details of the person discharging managerial responsibilities/person closely associated
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a)
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Name
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Drew Holdings Limited
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2
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Reason for the notification
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a)
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Position/status
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Company affiliated with Director and Chairman Tor Olav Trøim
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b)
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Initial notification/Amendment
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Initial notification
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3
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Details of issuer
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a)
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Name
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Borr Drilling Limited
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b)
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LEI
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213800J2JPCTXLHQ5R78
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4
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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)
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Description of the financial instrument, type of instrument
Identification code
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Common shares in Borr Drilling Limited (ISIN: BMG1466R1732)
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b)
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Nature of the transaction
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Subscription in public offering
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c)
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Price(s) and volume(s)
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Price(s)
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Volume(s)
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3.60
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5,555,555
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d)
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Aggregated information
— Aggregated volume
— Price
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5,555,555 shares at a price of USD 3.60 per share for a total of USD 19,999,998
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e)
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Date of the transaction
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10/08/2022
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f)
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Place of the transaction
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New York Stock Exchange (MIC:XNYS)
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