The Board of Directors (the “Board”) of Borr Drilling Limited (the "Company") (OSE and NYSE "BORR") has resolved to grant 88,584 Restricted Share Units (RSUs) to its Directors, who are discharging managerial responsibilities (“PDMRs”) as defined by the Market Abuse Regulation.
Each RSU represents one share in the Company. The RSUs will vest in full on September 30, 2023 and will be conditional on continuing to serve as a Director at the date of vesting. The RSUs will be settled through issuance of shares in the Company (either listed on NYSE or on OSE).
The following PDMRs have been granted RSUs:
Tor Olav Trøim – Chairman of the Board – 29,528 RSUs
Kate Blankenship – Director – 29,528 RSUs
Neil Glass – Director – 29,528 RSUs
