Borr Drilling Limited - Mandatory notification of trades
Reference is made to Borr Drilling Limited's ("Borr Drilling") (NYSE: BORR, OSE: BDRILL) stock exchange announcements of 21 May 2020, relating to the successfully completed equity offering through the subscription and allocation of 46,153,846 new depositary receipts (the "Offer Shares"), representing the beneficial interests in the same number of the Borr Drilling's underlying common shares, each at a subscription price of USD 0.65 per share, equivalent to NOK 6.45 per share (the “Subscription Price”), raising gross proceeds of USD 30 million (the “Equity Offering”). The Offer Shares will