On 3 March 2021, funds managed by QVT Financial LP (“QVT”) purchased in the open
market 21,634 shares in Awilco Drilling Plc (“Awilco Drilling”) at a price of
NOK 3.85 per share.
Following the aforementioned transactions, funds managed or otherwise deemed
controlled by QVT hereafter own a total of 4,829,822 shares in Awilco Drilling,
or 8.85% of the registered share capital. QVT’s CEO and founder, Dan Gold, is a
member of the board of directors of Awilco Drilling.
For further information, please contact Meg Eisner at QVT Financial LP at +1
(212) 705-6229.