Borr Drilling Limited (BDRILL) – Reverse share split
Borr Drilling Limited (the “Company”) announces that its Board of Directors has approved a 5-to-1 reverse share split of the Company’s shares (the “Reverse Split”). Upon effectiveness of the Reverse Split, every five shares of the Company’s issued and outstanding ordinary shares, par value USD 0.01 per share will be automatically combined into one issued and outstanding ordinary share, par value USD 0.05 per share. The current issued and outstanding shares of 532,640,327 will be consolidated into approximately 106.5 million shares (subject to adjustment for fractional shares). Last