Borr Drilling Limited – Grant of Share Options and Performance Stock Units
Bermuda, August 11, 2022: The Board of Directors of Borr Drilling Limited (the "Company") (OSE and NYSE "BORR") has resolved to grant 4,000,000 options under the Company’s approved share option scheme to certain of its employees, including two persons discharging managerial responsibilities (“PDMRs”) as defined by the Market Abuse Regulation. The grant is to become effective on September 01, 2022, following a planned SGM and increase in the approved share capital. Each share option gives the right to subscribe for one share in the Company. The options will vest over a three-and-a-half-