Press Release
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PDMR form
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BORR DRILLING LIMITED
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Date: November 17, 2023
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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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• |
Tor Olav Troim – Chaiman of the Board – 22,556 RSUs
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• |
Kate Blankenship – Director – 22,556 RSUs
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• |
Neil Glass – Director – 22,556 RSUs
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Dan Rabun – Director – 22,556 RSUs
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Jeffrey Currie – Director – 22,556 RSUs
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Magnus Vaaler – Chief Financial Officer – 300,000 Options
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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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Tor Olav Trøim
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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 and Chairman
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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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Restricted Stock Unit representing 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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Award
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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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6.65
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22,556
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d)
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Aggregated information
— Aggregated volume
— Price
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22,556 RSUs for a total of USD 150,000
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e)
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Date of the transaction
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17/11/2023
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f)
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Place of the transaction
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XOSL – Oslo Børs
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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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Alexandra Kate Blankenship
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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
|
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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Restricted Stock Unit representing 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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Award
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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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6.65
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22,556
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d)
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Aggregated information
— Aggregated volume
— Price
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22,556 RSUs for a total of USD 150,000
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e)
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Date of the transaction
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17/11/2023
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f)
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Place of the transaction
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XOSL – Oslo Børs
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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 James 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
|
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
|
Restricted Stock Unit representing 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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Award
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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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6.65
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22,556
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||
d)
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Aggregated information
— Aggregated volume
— Price
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22,556 RSUs for a total of USD 150,000
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e)
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Date of the transaction
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17/11/2023
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f)
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Place of the transaction
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XOSL – Oslo Børs
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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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Daniel Wayne Rabun
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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
|
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 instrument, type of instrument
Identification code
|
Restricted Stock Unit representing 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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Award
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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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6.65
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22,556
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d)
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Aggregated information
— Aggregated volume
— Price
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22,556 RSUs for a total of USD 150,000
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e)
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Date of the transaction
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17/11/2023
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f)
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Place of the transaction
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XOSL – Oslo Børs
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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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Jeffrey Robert Currie
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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
|
|
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 instrument, type of instrument
Identification code
|
Restricted Stock Unit representing 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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Award
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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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6.65
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22,556
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d)
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Aggregated information
— Aggregated volume
— Price
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22,556 RSUs for a total of USD 150,000
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e)
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Date of the transaction
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17/11/2023
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f)
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Place of the transaction
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XOSL – Oslo Børs
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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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Derivative, options for shares in Borr Drilling Limited (ISIN: BMG1466R1732)
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b)
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Nature of the transaction
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Granting/acceptance of share options
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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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0.00
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300,000
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d)
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Aggregated information
— Aggregated volume
— Price
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300,000 options awarded for a price of $0.00 with strike price $6.65.
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e)
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Date of the transaction
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17/11/2023
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f)
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Place of the transaction
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Outside a trading venue
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