Corr * Shelf Drilling (North Sea) Holdings, Ltd. – Successful listing of bond issue

13 Nov 2024 10:14 CET

* Admission Document attached

Shelf Drilling (North Sea) Holdings, Ltd (the "Company") is pleased to announce
that it has successfully listed the bonds under its 9.875% senior secured USD
315,000,000 bonds 2024/2028 ISIN: NO0013220285 on Nordic ABM as of today.
Attached is the Bond Terms, as well as the Admission Document and Loan
Description prepared in connection with the listing. For further information,
please contact: investor.relations@shelfdrilling.com.

About Shelf Drilling (North Sea) Holdings, Ltd.
Shelf Drilling (North Sea) Holdings, Ltd., is a subsidiary of Shelf Drilling
(North Sea), Ltd. ("SDNS"), a shallow water offshore drilling contractor
primarily operating in the North Sea. SDNS fit-for-purpose strategy and fleet of
modern high-specification harsh environment jack-up rigs enable it to offer a
broad range of services in the shallow water drilling markets. SDNS is
incorporated under the laws of Bermuda. Since October 12, 2022, SDNS shares are
listed on the Euronext Growth Oslo Exchange under the ticker “SDNS”.

More information:
Access the news on Oslo Bors NewsWeb site

632044_Shelf - Admission Document - With Appendices (Signed and dated 0_1629517_1.pdf
632044_Loan Description - Shelf (Dated 08.11.2024)(20519185.1).pdf
632044_Bond Terms - Shelf(20519189.1).pdf