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Shelf Drilling Primary Insider Notification

Shelf Drilling, Ltd. (SHLF) · publisert 2021-05-15 04:21 · vis på NewsWeb

Transaksjoner

PersonRolleTypeVolumPrisDatoISINHandelsplassTolket via
David Mullen Chief Executive Officer of Shelf Drilling, Ltd.other2 021152021-05-15KYG236271055Oslo Stock Exchange, MIC: XOSLrules
William Hoffman Chief Operating Officer of Shelf Drilling, Ltd.other2 021152021-05-15KYG236271055Oslo Stock Exchange, MIC: XOSLrules
Gregory O’Brien Chief Financial Officer of Shelf Drilling, Ltd.other2 021152021-05-15KYG236271055Oslo Stock Exchange, MIC: XOSLrules
Ian Clark Executive Vice President of Shelf Drilling, Ltd.other2 021152021-05-15KYG236271055Oslo Stock Exchange, MIC: XOSL Details of the person discharging managerial responsibilities/person closely associated a) Name William Hoffman 2 Reason for the notification a) Position/status Chief Operating Officer of Shelf Drilling, Ltd. b) Initial notification/Amendment Initial notification 3 Details of issuer a) Name Shelf Drilling, Ltd. b) LEI 549300PTFC72J38UQF59 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conductedrules
Ian Clark Executive Vice President of Shelf Drilling, Ltd.disposal2 021182021-05-18KYG236271055Oslo Stock Exchange, MIC: XOSL Details of the person discharging managerial responsibilities/person closely associated a) Name Gregory O’Brien 2 Reason for the notification a) Position/status Chief Financial Officer of Shelf Drilling, Ltd. b) Initial notification/Amendment Initial notification 3 Details of issuer a) Name Shelf Drilling, Ltd. b) LEI 549300PTFC72J38UQF59 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conductedrules

Vedlegg

Meldingstekst

PRESS RELEASE SHELF DRILLING PRIMARY INSIDER NOTIFICATION Dubai, 15 May 2021: Reference is made to the announcement by Shelf Drilling, Ltd. ("Shelf Drilling" or the "Company", OSE: SHLF) today, regarding the issuance of 245,394 new common shares in the Company without any consideration, as settlement of restricted stock units ("RSUs") under the Company's 2017 Long-Term Incentive Plan. In order to cover taxes payable by certain RSU holders upon delivery of the common shares, the Company will facilitate, on behalf of those certain RSU holders, the sale of 35,139 common shares in the market. The following primary insiders of the Company have today been issued the number of common shares in the Company set out against their name as settlement of an equivalent number of RSUs, being one third of the RSUs awarded on 15 May 2019: David Mullen (CEO) Common shares issued: 91,103 William Hoffman (COO) Common shares issued: 53,546 17,135 of the common shares will be sold to cover taxes payable by Mr. Hoffman. Gregory O'Brien (CFO) Common shares issued: 33,466 16,398 of the common shares will be sold to cover taxes payable by Mr. O’Brien. Ian Clark (EVP) Common shares issued: 37,185 Following the settlement of the RSUs, and the sale of shares to cover takes (where applicable): Mr. Mullen holds 1,098,942 common shares in the Company, 428,568 RSUs and 779,507 PSUs. Mr. Hoffman holds 603,029 common shares in the Company, 251,892 RSUs and 458,159 PSUs. Mr. O'Brien holds 288,680 common shares in the Company, 157,432 RSUs and 286,349 PSUs. Mr. Clark holds 464,413 common shares in the Company, 174,925 RSUs and 318,166 PSUs. Please see attached forms for details. About Shelf Drilling Shelf Drilling is a leading international shallow water offshore drilling contractor with rig operations across Middle East, Southeast Asia, India, West Africa and the Mediterranean. Shelf Drilling was founded in 2012 and has established itself as a leader within its industry through its fit-for-purpose strategy and close working relationship with industry leading clients. The company is incorporated under the laws of the Cayman Islands with corporate headquarters in Dubai, United Arab Emirates. The company is listed on the Oslo Stock Exchange under the ticker "SHLF". Additional information about Shelf Drilling can be found at www.shelfdrilling.com. Contact details For questions or comments, please contact investor.relations@shelfdrilling.com This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.