Shelf Drilling, LTD - Notification of Major Holdings under the Norwegian Securities Trading Act

10 Sep 2025 16:39 CEST

On 9 September 2025, Glazer Capital, LLC (the "Manager") disposed of 2,400,000
shares in Shelf Drilling, LTD (ticker SHLF NO) (the "Company"), resulting in the
Manager falling below the 5% reportable threshold of the voting rights and share
capital in the Company.

Following the disposal, Glazer Capital, LLC, together with and through its
management of its funds and managed accounts, none of which individually exceeds
the reporting threshold, controls a total of 10,896,688 shares through voting
rights, corresponding to 4.2381% of the votes and shares outstanding.

This disclosure is made pursuant to section 4-2 cf. section 4-3 of the Norwegian
Securities Trading Act.

Please see attachment on www.newsweb.no

More information:
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655071_20250909 SHLF NO Disclosure v.2.pdf