Borr Drilling Limited - Mandatory notification of trades
Reference is made to Borr Drilling Limited's ("Borr Drilling") (NYSE: “BORR”, OSE: “BDRILL”) stock exchange announcements of September 30, 2020, relating to the successfully completed equity offering through the subscription and allocation of 51,886,793 new depositary receipts (the "Offer Shares"), representing the beneficial interests in the same number of the Borr Drilling's underlying common shares, each at a subscription price of USD 0.53 per Offer Share, equivalent to NOK 5.01 per Offer Share (the “Subscription Price”), raising gross proceeds of USD 27.5 million (the “Equity Offering”).