TIDMAWDR

On 26 August 2021, funds managed by QVT Financial LP ("QVT") purchased in the open market 34,833 shares in Awilco Drilling Plc ("Awilco Drilling") at a price of NOK 3.8311 per share.

Following the aforementioned transactions, funds managed or otherwise deemed controlled by QVT hereafter own a total of 4,953,863 shares in Awilco Drilling, or 9.08% 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.

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

(END) Dow Jones Newswires

August 27, 2021 01:17 ET (05:17 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.
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