Major Shareholding Notification - Shelf Drilling Ltd (SHLF NO Equity; ISIN KYG236271055)

19 Apr 2023 08:17 CEST

We are Caius Capital LLP, a FCA regulated entity under Reference Number 735887
acting as an Alternative Investment Fund Manager for three underlying clients.
As at the close of business on Tuesday 18th April 2023, we held 9,641,754 shares
of Shelf Drilling having ISIN KYG236271055 representing a 4.97% shareholding of
the issued share capital of the company and requiring us to report the position
for a public disclosure as per sections 4-2 and 4-3 of the Norwegian Securities
Trading Act and chapter 4 of the Norwegian Securities Regulations.

1. Name of the person subject to the notification requirement: Caius Capital LLP
2. Background for the notification: Crossing below 5% holding threshold
3. Name of the issuer: Shelf Drilling
4. Description of the financial instrument: Equity
5. Type of transaction: Sell
6. Timing of and market for the transaction: 18th April 2023
7. Price and volume of the transaction: -358,974 @ 24.1022
8. Holding after the transaction. 9,641,754 shares (4.97%)

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