Borr Drilling Limited – PDMR notification
Borr Drilling Limited (NYSE and OSE: BORR) (the «Company») refers to the private placement of 7,522,838 new shares (the «New Shares») at a subscription price of NOK 74/USD 6.65 (the «Subscription Price») announced on 24 October 2023 (the «Private Placement»). Drew Holdings Ltd. («Drew»), a close associate of Mr. Tor Olav Trøim, has subscribed to and received 752,284 of the New Shares at the Subscription Price. Mr. Trøim is the chair of Borr’s board and thus, as per the Market Abuse Directive, a person discharging managerial responsibilities in Borr (a «PDMR»). Drew has, on receipt of