<SEC-DOCUMENT>0001140361-21-001917.txt : 20210122
<SEC-HEADER>0001140361-21-001917.hdr.sgml : 20210122
<ACCEPTANCE-DATETIME>20210122164155
ACCESSION NUMBER:		0001140361-21-001917
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20210122
FILED AS OF DATE:		20210122
DATE AS OF CHANGE:		20210122

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Borr Drilling Ltd
		CENTRAL INDEX KEY:			0001715497
		STANDARD INDUSTRIAL CLASSIFICATION:	DRILLING OIL & GAS WELLS [1381]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			D0
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-39007
		FILM NUMBER:		21546355

	BUSINESS ADDRESS:	
		STREET 1:		THISTLE HOUSE
		STREET 2:		4 BURNABY STREET
		CITY:			HAMILTON HM 11
		STATE:			D0
		ZIP:			0000
		BUSINESS PHONE:		4722483000

	MAIL ADDRESS:	
		STREET 1:		THISTLE HOUSE
		STREET 2:		4 BURNABY STREET
		CITY:			HAMILTON HM 11
		STATE:			D0
		ZIP:			0000
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>brhc10019220_6k.htm
<DESCRIPTION>6-K
<TEXT>
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        <div style="text-align: center; font-size: 14pt; font-weight: bold;"> UNITED STATES<br>
        </div>
        <div style="text-align: center; font-size: 14pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
        <div style="text-align: center; font-size: 12pt; font-weight: bold;">Washington, D.C. 20549</div>
        <div>&#160;</div>
        <div>
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        <div> <br>
        </div>
        <div style="text-align: center; font-weight: bold; font-size: 18pt;">FORM 6-K</div>
        <div>
          <div>&#160;</div>
          <hr noshade="noshade" align="center" style="height: 2px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"></div>
        <br>
        <div style="text-align: center; font-weight: bold;">REPORT OF FOREIGN PRIVATE ISSUER</div>
        <div style="text-align: center; font-weight: bold;">PURSUANT TO RULE 13a-16 OR 15d-16</div>
        <div style="text-align: center; font-weight: bold;">OF THE SECURITIES EXCHANGE ACT OF 1934</div>
        <div>&#160;</div>
        <div style="text-align: center; font-weight: bold;">
          <div>January 22, 2021</div>
        </div>
        <div>&#160;</div>
        <div style="text-align: center; font-weight: bold;">Commission File Number 001-39007</div>
        <div>&#160;</div>
        <div>
          <hr noshade="noshade" align="center" style="height: 2px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"></div>
        <br>
        <div style="text-align: center; font-size: 24pt; font-weight: bold;">Borr Drilling Limited</div>
        <div>&#160;</div>
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        <div style="text-align: center; font-weight: bold;">
          <div>S. E. Pearman Building</div>
        </div>
        <div style="text-align: center; font-weight: bold;">2nd Floor 9 Par-la-Ville Road</div>
        <div style="text-align: center; font-weight: bold;">Hamilton HM11</div>
        <div style="text-align: center; font-weight: bold;">Bermuda</div>
        <div style="text-align: center; font-weight: bold;">(Address of principal executive office)</div>
        <br>
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        <div> <br>
        </div>
        <div>Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.</div>
        <div>&#160;</div>
        <div style="text-align: center;">
          <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 10pt; color: #000000; width: 100%;" id="zc4e52ccb21df4de087bb07c450dfff04">

              <tr>
                <td style="width: 48%; text-align: right;">Form 20-F&#160; &#9746;</td>
                <td style="width: 4%;"><br>
                </td>
                <td style="width: 48%;">Form 40-F&#160; &#9744;</td>
              </tr>

          </table>
          <br>
        </div>
        <div>Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.</div>
        <div>&#160;</div>
        <div style="text-align: center;">
          <table cellspacing="0" cellpadding="0" border="0" id="z8334ebadfc5a485b8d618553c6bd2196" style="font-family: 'Times New Roman'; font-size: 10pt; color: rgb(0, 0, 0); width: 100%;">

              <tr>
                <td style="width: 48%; text-align: right;">Yes&#160; &#9744;</td>
                <td style="width: 4%;"><br>
                </td>
                <td style="width: 48%;">No&#160; &#9746;</td>
              </tr>

          </table>
          <div style="text-align: left;"><br>
          </div>
        </div>
        <div>If &#8216;&#8216;Yes&#8217;&#8217; is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):</div>
        <div><br>
        </div>
        <div>
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        </div>
        <div><u>Exhibits</u></div>
        <div>&#160;</div>
        <table cellspacing="0" cellpadding="0" border="0" id="z55fefad704624208898dfb63f43937ed" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

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              <td style="width: 5%; vertical-align: top;">
                <div><a href="brhc10019220_ex99-1.htm">99.1</a></div>
              </td>
              <td style="width: 95%; vertical-align: top;">
                <div>Press Release</div>
              </td>
            </tr>

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        <div>&#160;</div>
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        <div style="text-align: center; font-weight: bold;">&#160;SIGNATURES</div>
        <div>&#160;</div>
        <div>Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</div>
        <div>&#160;</div>
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                <div>&#160;</div>
              </td>
              <td style="vertical-align: top;" colspan="2">
                <div style="font-weight: bold;">BORR DRILLING LIMITED</div>
              </td>
            </tr>
            <tr>
              <td style="width: 50%; vertical-align: middle;">&#160;</td>
              <td style="width: 5%; vertical-align: middle;">&#160;</td>
              <td style="width: 45%; vertical-align: middle;">&#160;</td>
            </tr>
            <tr>
              <td style="width: 50%; vertical-align: top; padding-bottom: 2px;">
                <div>Date:January 22, 2021</div>
              </td>
              <td style="width: 5%; vertical-align: top; padding-bottom: 2px;">
                <div>By:</div>
              </td>
              <td style="width: 45%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
                <div>/s/ Georgina Sousa<br>
                </div>
              </td>
            </tr>
            <tr>
              <td style="width: 50%; vertical-align: top;">
                <div>&#160;</div>
              </td>
              <td style="width: 5%; vertical-align: top;">
                <div>Name:</div>
              </td>
              <td style="width: 45%; vertical-align: top;">
                <div>Georgina Sousa</div>
              </td>
            </tr>
            <tr>
              <td style="width: 50%; vertical-align: top;">
                <div>&#160;</div>
              </td>
              <td style="width: 5%; vertical-align: top;">
                <div>Title:</div>
              </td>
              <td style="width: 45%; vertical-align: top;">
                <div>Director</div>
              </td>
            </tr>

        </table>
        <div><br>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>brhc10019220_ex99-1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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      <div style="text-align: right; font-weight: bold;"> Exhibit 99.1<br>
      </div>
      <div style="text-align: justify; font-weight: bold;"> <br>
      </div>
      <div style="text-align: justify; font-weight: bold;">Borr Drilling Limited - Mandatory notification of trades</div>
      <div><br>
      </div>
      <div style="text-align: justify;">Reference is made to Borr Drilling Limited's ("Borr Drilling") (NYSE, OSE: &#8220;BORR&#8221;) stock exchange announcements of January 22, 2021, relating to the pricing of the
        equity offering through the subscription and allocation of a total of 54,117,647 in new depository receipts (the "Offer Shares"), representing the beneficial interests in the same number of the Company&#8217;s underlying common shares, each at a
        subscription price of USD 0.85 per Offer Share (equivalent to NOK 7.1655 per Offer Share), raising gross proceeds of USD 46 million. The Offer Shares will be listed on Oslo Stock Exchange.</div>
      <div><br>
      </div>
      <div style="text-align: justify;">The following primary insiders of Borr Drilling have subscribed for and been conditionally allocated the following Offer Shares at the Subscription Price:</div>
      <div><br>
      </div>
      <div style="text-align: justify;">Companies affiliated with Director and Vice Chairman Tor Olav Tr&#248;im: 3,176,470 Offer Shares. After delivery, Tr&#248;im and his affiliated parties will represent an
        ownership in Borr Drilling of s17,407,188 shares in the Company.</div>
      <div><br>
      </div>
      <div style="text-align: justify;">Patrick Schorn, Chief Executive Officer of Borr Drilling: 500,000 Offer Shares. After delivery, Mr. Schorn will own 1,500,000 shares in the Company.</div>
      <div><br>
      </div>
      <div style="text-align: justify;">Paal Kibsgaard, Chairman of the Borr Drilling&#8217;s Board of Directors: 297,931 Offer Shares. After delivery, Kibsgaard will own <a name="OLE_LINK1"></a>750,000 shares in
        the Company.</div>
      <div><br>
      </div>
      <div style="text-align: justify;">Magnus Vaaler, Chief Financial Officer of Borr Drilling: 84,160 Offer Shares. After delivery, Mr. Vaaler will own 85,000 shares in the Company.</div>
      <div><br>
      </div>
      <div style="text-align: justify;">Neil Glass, Director of Borr Drilling: 25,000 Offer Shares. After delivery, Mr. Glass will own 25,000 shares in the Company.</div>
      <div><br>
      </div>
      <div style="text-align: justify;">January 22, 2021</div>
      <div style="text-align: justify;">Hamilton, Bermuda</div>
      <div><br>
      </div>
      <div style="text-align: justify;">This information is subject to disclosure requirements pursuant to Sections 4-2 and 5-12 of the Norwegian Securities Trading Act.</div>
      <div><br>
      </div>
    </div>
    <div> <br>
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