HAMILTON, Bermuda, Aug. 16,
2023 /PRNewswire/ -- Borr Drilling Limited (the
"Company") (OSE: BORR) (NYSE: BORR) has issued 1,000,000 new common
shares to be held in treasury, and used solely for issuance in
connection with the exercise of share options vesting under the
Company's existing share option program for certain employees. For
further information on the share option program please refer to
Note 24 of the Company's Annual Report on Form 20-F for the year
ended December 31, 2022, which was
filed with the Securities and Exchange Commission on March 30, 2023.
The new shares are validly and legally issued and fully paid.
Following such issuance, the Company has an issued share capital of
$25,655,755.30 divided into
256,557,553 common shares with a par value of $0.10 per share.
August 16, 2023
The Board of Directors
Borr Drilling Limited
Hamilton, Bermuda
This information is subject to the disclosure requirements
pursuant to section 5-12 of the Norwegian Securities Trading
Act.
This press release does not constitute an offer to sell or the
solicitation of an offer to buy securities, nor will there be any
sale of the securities in any jurisdiction in which such offer,
solicitation or sale would be unlawful prior to the registration or
qualification under the securities laws of any such jurisdiction.
The securities referenced herein will not be and have not been
registered under the Securities Act of 1933 and may not be offered
or sold in the United States
absent registration or an applicable exemption from the
registration requirements of that act.
CONTACT:
Questions should be directed to: Magnus
Vaaler, CFO, +44 1224 289208
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SOURCE Borr Drilling Limited