HAMILTON, Bermuda, Nov. 1, 2024 /PRNewswire/ — Borr Drilling Restricted (the “Company”) (NYSE & OSE: BORR) these days introduced that Euronext Oslo Hold Trade (“OSE”) has licensed the Corporate’s utility for delisting, following an correct shareholder vote on the Corporate’s Particular Basic Assembly in October 2024.
The Corporate’s stocks might be delisted from OSE as of 31 December 2024. The terminating age of buying and selling might be 30 December 2024, and the Corporate will therefore preserve a unmarried record at the Untouched York Hold Trade (“NYSE”).
Shareholders preserving stocks which might be traded on the OSE, held during the Norwegian central securities depository held with Euronext Securities Oslo (regularly referred to as the “VPS”) might divest their stocks thru discoverable marketplace transactions, or paintings with their cupboard or dealer emigrate their stocks to the Depository Consider Corporate (DTC) in america for buying and selling at the NYSE.
The Corporate intends to preserve its percentage registration with the VPS for a duration of a minimum of 365 days from the efficient moment of the delisting, permitting shareholders who need to preserve registration in their stocks in Euronext Securities Oslo (VPS) to proceed buying and selling their stocks by the use of a Norwegian dealer (out of doors of the Oslo Hold Trade) with alternative buyers with stocks registered with Euronext Securities Oslo, or migrate their stocks to the DTC inside of such 12-month duration.
Ahead browsing statements
This press shed comprises ahead browsing statements inside the which means of the Personal Securities Litigation Reform Function of 1995. Those ahead browsing statements don’t replicate historic info and could also be recognized by means of phrases equivalent to “will”, “expect”, “estimate” and related expressions and come with statements when it comes to our plan to delist our stocks from buying and selling at the OSE together with our plan to preserve percentage registration within the VPS for a minimum of 365 days from the efficient moment of delisting and alternative non-historical statements. Such ahead browsing statements are matter to dangers, uncertainties, contingencies and alternative elements may reason original occasions to fluctuate materially from the expectancies expressed or implied by means of the forward-looking statements incorporated herein, together with dangers similar to the delisting of our stocks method the OSE and alternative dangers and uncertainties described within the division entitled “Risk Factors” in our most up-to-date annual file on Mode 20-F and alternative filings with the Securities and Trade Fee. Those forward-looking statements are made simplest as of the moment of this shed. We don’t adopt to replace or revise the forward-looking statements, whether or not because of untouched knowledge, generation occasions or differently.
CONTACT:
Questions must be directed to: Magnus Vaaler, CFO, +44 1224 289208
This knowledge used to be delivered to you by means of Cision http://news.cision.com
SOURCE Borr Drilling Restricted
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