Borr Drilling Limited – capital increase in the Registry of Members
Borr Drilling Limited (NYSE and OSE: BORR) refers to the stock exchange releases on 23[rd] and 24[th] October 2023 related to the private placement with gross proceeds of USD 50 million (the “Private Placement”). To arrange for a DVP settlement to the investors who were allocated any of the 7,522,838 offer shares in the Private Placement, estimated on 26 October 2023, of immediately tradeable shares, the Company has today, arranged the shares to be legally and validly issued and fully paid-up in the Company’s Registry of Members, pursuant to a prefunding agreement with the managers in