Hamilton, Bermuda, 29 August 2017: Reference is made to the stock exchange announcement on 23 August 2017 regarding Borr Drilling Limited’s (“Borr Drilling”) submission of an application for listing of Borr Drilling’s shares on Oslo Børs and the stock exchange announcement published on28 August 2017 regarding the Board of Oslo Børs’ approval for listing of the Borr Drilling’s shares on Oslo Børs.
The Financial Supervisory Authority of Norway has approved the prospectus dated 29 August 2017 (the “Prospectus”) which has been prepared in connection with the listing of Borr Drilling’s shares on Oslo Børs under ticker code “BDRILL”.
The Prospectus will, subject to regulatory restrictions in certain jurisdictions, be available at the following website: www.borrdrilling.com. Hard copies of the Prospectus may be obtained free of charge at the offices of Borr Drilling at Klingenberggata 4, N-0160 Oslo, Norway, or by contacting the financial advisor (as defined below).
Trading in the Borr Drilling shares on Oslo Børs is expected to commence on or about 30 August 2017.
DNB Markets, a part of DNB Bank ASA, is acting as financial advisor to Borr Drilling in relation to the listing (the “Financial Advisor”).
For further information, please contact:
Rune Magnus Lundetræ, CFO
Mobile: +47 900 88 411
About Borr Drilling
Borr Drilling Limited is an international drilling contractor to the offshore oil and gas industry. Incorporated in Bermuda in 2016, the company’s services are focused on the shallow water segment. The company is the owner of a fleet of 12 jack-up drilling rigs, further, the company has five jack-up drilling rigs on order with deliveries scheduled from 2018 to 2020.