Drew has delivered 8 751 079 shares to DNB under the SLA, which in turn has loaned such shares to investors in the Convertible Bond. Drew has, accordingly, reduced its holding below 5% of the total number of shares in issue. Following the shares loaned out so far, Drew has 6 248 921 shares and votes in the Company, representing approximate 2.7 % of the votes. When shares loaned out are returned, Drew will own and control the same number of shares and votes as prior to providing the loan. Drew is represented on the Board of Directors of the Company by Mr.
Questions should be directed to:
https://news.cision.com/borr-drilling-limited/r/borr-drilling-limited---mandatory-notification-of-trade-and-significant-holding,c3705886
https://mb.cision.com/Public/16983/3705886/983b3b78aad5c9bd.pdf
(c) 2023 Cision. All rights reserved., source