HAMILTON, Bermuda, May 23, 2024
/PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) and (OSE: BORR)
today announces that the Company's Board of Directors has approved
a cash distribution of paid-in capital of US$0.10 per share for the first quarter of
2024.
Note to shareholders registered in Euronext VPS, the Norwegian
Central Security Depository:
Due to implementation of the Central Securities Depository
Regulation (CSDR) in Norway,
please note the information regarding the payment date for the
shares registered in Euronext VPS below.
Effective as of May 28, 2024, the
New York Stock Exchange ("NYSE") will settle its trades on a T+1
basis, while the Oslo Stock Exchange ("OSE") will continue to
settle its trades on a T+2 basis. As a result, there will be
different ex-dividend dates between the two exchanges, as set out
below.
Key information:
Distribution amount: $0.10 per
share
Declared currency: USD. Dividends payable to shares registered
with Euronext VPS will be distributed in NOK with fixing date on
17 June, 2024.
Date of approval: 22 May, 2024
Last day including right OSE: 30 May,
2024
Last day including right NYSE: 31 May,
2024
Ex-date OSE: 31 May, 2024
Ex-date NYSE: 3 June, 2024
Record date OSE/NYSE: 3 June,
2024
Payment date: On or about 17 June,
2024.
Due to the implementation of CSDR in Norway, distributions payable on shares
registered with Euronext VPS is expected to be distributed to
Euronext VPS shareholders on or about 20
June, 2024.
This information is published in accordance with the
requirements of the Continuing Obligations.
CONTACT:
Questions should be directed to: Magnus
Vaaler, CFO, +44 1224 289208
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SOURCE Borr Drilling Limited