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Shelf Drilling Share Capital Increase
14 Nov 2022 06:33 CET
Issuer
Shelf Drilling, Ltd.
PRESS RELEASE
SHELF DRILLING SHARE CAPITAL INCREASE
Dubai, 14 November 2022: Reference is made to the announcement by Shelf
Drilling, Ltd. ("Shelf Drilling" or the "Company", OSE: SHLF) on 27 October 2022
regarding the resolution by the Company's board of directors to issue a total of
852,974 new common shares in the Company to the chairman of the board of
directors and the other non-executive directors or the Sponsor that such
director represents as settlement of restricted stock units ("RSUs") under the
Company's 2017 Long-Term Incentive Plan.
Today, the new common shares have been legally and validly issued. Following
such share issue, the issued share capital of the Company is USD 1,763,687.67,
divided into 176,368,767 common shares, each with a par value of USD 0.01. The
authorised share capital of the Company is USD 2,340,634.73, divided into
234,063,473 shares, each with a par value of USD 0.01.
About Shelf Drilling
Shelf Drilling is a leading international shallow water offshore drilling
contractor with rig operations across Middle East, Southeast Asia, India, West
Africa, Mediterranean and North Sea. Shelf Drilling was founded in 2012 and has
established itself as a leader within its industry through its fit-for-purpose
strategy and close working relationship with industry leading clients. The
Company is incorporated under the laws of the Cayman Islands with corporate
headquarters in Dubai, United Arab Emirates. The Company is listed on the Oslo
Stock Exchange under the ticker "SHLF".
Additional information about Shelf Drilling can be found at
www.shelfdrilling.com.
Contact details
For questions or comments, please contact investor.relations@shelfdrilling.com
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
More information:
Access the news on Oslo Bors NewsWeb site
Source
Shelf Drilling, Ltd.
Provider
Oslo Børs Newspoint
Company Name
SHELF DRILLING
ISIN
KYG236271055
Symbol
SHLF
Market
Oslo Børs