Archer Limited: Key Information Relating to the Reverse Share Split and Change of ISIN
Hamilton, Bermuda (May 3, 2024) Please note the following key information for the reverse share split: · Reverse split ratio: twenty-five (25) old shares give one (1) new share · Date on which the corporate action was made public: April 30, 2024 · Date of approval: April 30[th], 2024 · Last day including right: May 6[th], 2024 · Ex-date: May 7[th], 2024 · Record date: May 8[th], 2024 Following completion of the reverse share split, the par value of the Company's shares will be reduced from USD 0.25 to USD 0.01. This reduction will be recorded on or about May 7[th],