Borr Drilling Limited («Borr») has today purchased 500,000 of its own shares from the Borr Group’s former CEO, Mr. Simon Johnson at a price of USD 4.65 per share. The purchase is a part of the terms agreed on for his resignation from his position in the Borr Group.
Following this, the Company holds 2,470,000 of its own shares in treasury.
Hamilton, Bermuda 11 April 2018
This information is subject to disclosure requirements pursuant to Sections 4-2 and 5-12 of the Norwegian Securities Trading Act.