Archer Limited : Share capital increase – vesting of restricted stock units
Hamilton, Bermuda (October 7, 2021) In connection with Archer’s long term incentive program 1,319,854 restricted stock units (“RSUs”) have vested and 708,314 common shares have been distributed to Archer employees. In connection with the vesting of RSUs, Archer Limited has issued 708,314 common shares at an issuance price of NOK 4.6 per share with ISIN BMG0451H1170. The authorized share capital of Archer Limited is USD 10,000,000 divided into 1,000,000,000 common shares of par value USD 0.01 each. Fully paid and outstanding share capital of Archer Limited following the share capital