Borr Drilling Announces Grant of Restricted Stock Units

Source: www.gulfoilandgas.com 11/6/2024, Location: South America

The Board of Directors of Borr Drilling Limited (the "Company") (OSE and NYSE "BORR") informs that it has resolved to grant 136,612 Restricted Stock Units (each, a “RSU”) to its Directors.

Each RSU represents one share in the Company. The RSUs will vest in full on September 30, 2025, and will be conditional on continuing to serve as a Director of the Company at the date of vesting. The RSUs will be settled through issuance of shares in the Company.

Persons discharging managerial responsibilities (“PDMRs”), as defined by the (EU) Market Abuse Regulation, have been granted and accepted the following RSUs:
Tor Olav Troim – Chaiman of the Board – 27,322 RSUs
Kate Blankenship – Director – 27,322 RSUs
Neil Glass – Director – 27,322 RSUs
Dan Rabun – Director – 27,322 RSUs
Jeffrey Currie – Director – 27,322 RSUs



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