Awilco Drilling Announces Notification of Trade of Primary Insider

Source: www.gulfoilandgas.com 9/24/2021, Location: Europe

On 23 September 2021, funds managed by QVT Financial LP (“QVT”) purchased in the open market 1,008 shares in Awilco Drilling Plc (“Awilco Drilling”) at a price of NOK 4 per share.

Following the aforementioned transactions, funds managed or otherwise deemed controlled by QVT hereafter own a total of 5,179,871 shares in Awilco Drilling, or 9.49% of the registered share capital. QVT’s CEO and founder, Dan Gold, is a member of the board of directors of Awilco Drilling.


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