Archer Limited: New share capital registered

12 Apr 2023 10:53 CEST

Hamilton, Bermuda (April 12, 2023)

Reference is made to the stock exchange announcement made by Archer Limited (the
"Company") on 27 March 2023 announcing the final results of the subsequent
offering (the "Subsequent Offering") of a total of 17,506,357 new common shares
in the Company (the "Offer Shares").

The Offer Shares have now been registered in Euronext Securities Oslo (being the
Company's branch register under Bermuda law) as duly issued. Following
registration of the new share capital pertaining to the issuance of the Offer
Shares, the Company's issued share capital is USD 12,062,649.69 divided into
1,206,264,969 common shares, each with a nominal value of USD 0.01.

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

More information:
Access the news on Oslo Bors NewsWeb site