Borr Drilling Limited - Mandatory notification of trade and significant holding
Drew Holdings Ltd. (“Drew”) had on 25 January 2023 entered into a share lending agreement (“SLA”) with Borr Drilling Limited (the “Company”) (NYSE and OSE:"BORR") and DNB Markets, a part of DNB Bank ASA (“DNB”), for the purpose of facilitating investors' hedging activities in connection with the Company’s Convertible Bond issue announced on 24 January 2023. Please refer to the stock exchange notice published by the Company on 24 January 2023 and from Drew on 30 January 2023 for further details of the SLA. In accordance with the SLA, the Company has now delivered shares to Drew to