Borr Drilling Limited - Notice of Special General Meeting of Shareholders

Rhea-AI Summary

Borr Drilling Limited (BORR) will hold a Special General Meeting on December 22, 2023, to approve a reduction of the Company's Share Premium account and credit the same amount to the Contributed Surplus account, enabling dividend payments to shareholders. The record date for determination of the shareholders entitled to attend and vote at the Special General Meeting is November 27, 2023.

HAMILTON, Bermuda, Dec. 1, 2023 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: BORR) and (OSE: BORR) advises that the Company will hold a Special General Meeting on December 22,  2023 to approve a reduction of the Company's Share Premium account (referred to as additional paid-in capital in the financial statements of the Company) and to credit the same amount resulting from this reduction to the Company's Contributed Surplus account, which will enable dividend payments to shareholders.

The Board of Directors has fixed the close of business on November 27, 2023 as the record date for determination of the shareholders entitled to attend and vote at the Special General Meeting or any adjournment thereof.

A copy of the Notice of Special General Meeting and Form of Proxy (the "Notice") and associated information can be found on the Company's website at http://www.borrdrilling.com and is attached to this press release. The Notice and associated information will also be distributed to shareholders by normal distribution methods.

Hamilton, Bermuda

1 December, 2023

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.

CONTACT:

Questions should be directed to: Magnus Vaaler, CFO, +44 1224 289208

The following files are available for download:

https://mb.cision.com/Public/16983/3886866/ad9bbb38ea620505.pdf

20231222 BDL SGM Notice reduction of share premium

 

View original content:https://www.prnewswire.com/news-releases/borr-drilling-limited--notice-of-special-general-meeting-of-shareholders-302003451.html

SOURCE Borr Drilling Limited

FAQ

What is the purpose of Borr Drilling Limited's (BORR) Special General Meeting on December 22, 2023?

The purpose is to approve a reduction of the Company's Share Premium account and credit the same amount to the Contributed Surplus account, enabling dividend payments to shareholders.

When is the record date for determination of the shareholders entitled to attend and vote at the Special General Meeting?

The record date is November 27, 2023.

Where can I find the Notice of Special General Meeting and associated information?

The Notice and associated information can be found on the Company's website at http://www.borrdrilling.com and will be distributed to shareholders by normal distribution methods.

Who should I contact for questions regarding the Special General Meeting?

Questions should be directed to Magnus Vaaler, CFO, at +44 1224 289208.