On 8 July 2021, funds managed by QVT Financial LP ("QVT") purchased in the open
market 20,386 shares in Awilco Drilling Plc ("Awilco Drilling") at a price of
NOK 3.3 per share.
Following the aforementioned transactions, funds managed or otherwise deemed
controlled by QVT hereafter own a total of 4,881,167 shares in Awilco Drilling,
or 8.94% of the registered share capital. QVT's CEO and founder, Dan Gold, is a
member of the board of directors of Awilco Drilling PLC.
For further information, please contact Meg Eisner at QVT Financial LP at +1
(212) 705-6229.
This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act