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Noble Corporation plc announces changes to its share capital

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Noble Corporation plc (NYSE: NE) announced changes to its share capital. From November 30, 2022, 685 new A ordinary shares were issued, raising a total of USD 14,215.65 from warrant exercises at varying prices. Additionally, 407,477 A ordinary shares were cancelled, resulting in a total of 134,680,847 A ordinary shares outstanding. The newly issued shares will be listed on Nasdaq Copenhagen, and all shares carry equal rights.

Positive
  • Raised USD 14,215.65 from warrant exercises.
  • Total shares outstanding now at 134,680,847, indicating active management of capital.
Negative
  • None.

SUGAR LAND, Texas, Dec. 31, 2022 /PRNewswire/ -- Noble Corporation plc ("Noble") (CSE: NOBLE, NYSE: NE) today announces changes to its share capital. During the period since November 30, 2022, 685 new A ordinary shares each with a nominal value of USD 0.00001 have been issued and 407,477 A ordinary shares have been cancelled.

685 new A ordinary shares have been issued to certain holders of warrants as a consequence of the exercise of warrants. The exercise price was USD 19.27 per A ordinary share for 171 of the new A ordinary shares, USD 23.13 per A ordinary share for 456 of the new A ordinary shares, USD 124.40 per A ordinary share for 3 of the new A ordinary shares, and 55 A ordinary shares were issued as a result of a cashless exercise. The total proceeds to Noble from the warrant exercises amount to USD 14,215.65.

The new A ordinary shares carry the same rights as the existing A ordinary shares of Noble. The new A ordinary shares will be admitted to trading and official listing on Nasdaq Copenhagen. 

In addition, 407,477 A ordinary shares which had been acquired by Noble through a share repurchase program have been cancelled.

As a result of the changes, there are a total of 134,680,847 A ordinary shares of Noble issued and outstanding with a nominal value of USD 0.00001 each.

Pursuant to section 32 of the Danish Capital Markets Act, Noble also hereby announces the total nominal value of its issued share capital and the total number of voting rights:


Number of shares

Number of voting rights

Share capital

A ordinary shares of USD 0.00001

134,680,847

134,680,847

USD 1,346.80847

Total

134,680,847

134,680,847

USD 1,346.80847

About Noble Corporation
Noble is a leading offshore drilling contractor for the oil and gas industry.  The Company owns and operates one of the most modern, versatile, and technically advanced fleets in the offshore drilling industry.  Noble and its predecessors have been engaged in the contract drilling of oil and gas wells since 1921.  Noble performs, through its subsidiaries, contract drilling services with a fleet of offshore drilling units focused largely on ultra-deepwater and high specification jackup drilling opportunities in both established and emerging regions worldwide.  For further information visit www.noblecorp.com or email investors@noblecorp.com.

IMPORTANT INFORMATION
This announcement is for information purposes only and does not constitute or contain any invitation, solicitation, recommendation, offer or advice to any person to subscribe for or otherwise acquire or dispose of any securities of Noble.

Certain statements in this announcement, including any attachments hereto, may constitute forward-looking statements. Forward-looking statements are statements (other than statements of historical fact) relating to future events and Noble and its subsidiaries (collectively, the "Noble Group") anticipated or planned financial and operational performance. The words "targets", "believes", "continues", "expects", "aims", "intends", "plans", "seeks", "will", "may", "might", "anticipates", "would", "could", "should", "estimates", "projects", "potentially" or similar expressions or the negatives thereof, identify certain of these forward-looking statements. The absence of these words, however, does not mean that the statements are not forward-looking. Other forward-looking statements can be identified in the context in which the statements are made.

Although Noble believes that the expectations reflected in these forward-looking statements are reasonable as of the date of this announcement, such forward-looking statements are based on Noble's current expectations, estimates, forecasts, assumptions and projections about the Noble Group's business and the industry in which the Noble Group operates and/or which has been extracted from publications, reports and other documents prepared by the Noble Group and are not guarantees of future performance or development and involve known and unknown risks, uncertainties and other important factors beyond the Noble Group's control that could cause the Noble Group's actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements.

Any forward-looking statements included in this announcement, including any attachment hereto, speak only as of today. Noble does not intend, and does not assume, any obligations to update any forward-looking statements contained herein, except as may be required by law or the rules of the New York Stock Exchange or Nasdaq Copenhagen. All subsequent written and oral forward-looking statements attributable to Noble or to persons acting on its behalf are expressly qualified in their entirety by the cautionary statements referred to above and contained in this announcement, including any attachment hereto.

Cision View original content:https://www.prnewswire.com/news-releases/noble-corporation-plc-announces-changes-to-its-share-capital-301711623.html

SOURCE Noble Corporation plc

FAQ

What changes were made to Noble Corporation's share capital?

Noble Corporation issued 685 new A ordinary shares and cancelled 407,477 shares, leading to a total of 134,680,847 shares outstanding.

How much did Noble Corporation raise from warrant exercises?

Noble Corporation raised USD 14,215.65 from the exercise of warrants.

What is the nominal value of the newly issued shares?

Each newly issued A ordinary share has a nominal value of USD 0.00001.

When will the new shares be listed?

The new A ordinary shares will be admitted to trading on Nasdaq Copenhagen.

Noble Corporation plc

NYSE:NE

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Oil & Gas Drilling
Drilling Oil & Gas Wells
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United States of America
SUGAR LAND