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Regulatory press release

Borr Drilling Limited - PDMR notification

Borr Drilling
Download the release

Borr Drilling Limited (NYSE and OSE: BORR) (the "Company") refers to the release on November 17, 2023, in relation to the grant of 112,780 Restricted Share Units ("RSUs") to its directors, discharging managerial responsibilities ("PDMRs"). Each RSU represented one share in the Company. The RSUs vested in full on September 30, 2024, and were delivered from shares held in treasury on December 13, 2024, to the following directors:

- Director and Chairman Tor Olav Trøim: 22,556 shares. After delivery Mr. Trøim, with close associates, will own 17,744,941 shares in the Company.  

- Kate Blankenship, Director: 22,556 shares. After delivery Mrs. Blankenship, with close associates, will own 247,553 shares in the Company. 

- Neil Glass, Director of Borr Drilling: 22,556 shares. After delivery Mr. Glass, with close associates, will own 187,680 shares in the Company. 

- Jeffrey Currie, Director of Borr Drilling: 22,556 shares. After delivery, Mr. Currie, with close associates, will own 22,556 shares in the Company.

- Daniel Rabun, Director of Borr Drilling: 22,556 shares. After delivery, Mr. Rabun, with close associates, will own 22,556 shares in the Company.

PDMR notification form attached hereto.

Hamilton, Bermuda

13 December 2024

This information is subject to the disclosure requirements in Article 19 of the Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act.

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