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2024-04-30 15-6 2024
2024-04-29 Bokslutskommuniké 2023
2023-11-07 Extra Bolagsstämma 2023
2023-08-29 Kvartalsrapport 2023-Q2
2023-05-11 Ordinarie utdelning NODL 0.00 NOK
2023-05-10 Årsstämma 2023
2023-04-28 Bokslutskommuniké 2022
2022-09-30 Årsstämma 2022
2022-09-09 Ordinarie utdelning NODL 0.00 NOK
2022-08-26 Kvartalsrapport 2022-Q2
2022-04-29 Bokslutskommuniké 2021
2021-11-26 Kvartalsrapport 2021-Q3
2021-09-02 Ordinarie utdelning NODL 0.00 NOK
2021-08-27 Kvartalsrapport 2021-Q2
2021-05-28 Kvartalsrapport 2021-Q1
2021-05-26 Årsstämma 2021
2021-02-26 Bokslutskommuniké 2020
2020-11-30 Kvartalsrapport 2020-Q3
2020-09-01 Ordinarie utdelning NODL 0.00 NOK
2020-08-31 Kvartalsrapport 2020-Q2
2020-08-31 Årsstämma 2020
2020-05-29 Kvartalsrapport 2020-Q1
2020-02-28 Bokslutskommuniké 2019
2019-11-29 Kvartalsrapport 2019-Q3
2019-09-23 Ordinarie utdelning NODL 0.00 NOK
2019-09-13 Årsstämma 2019
2019-08-30 Kvartalsrapport 2019-Q2
2019-05-31 Kvartalsrapport 2019-Q1
2019-02-28 Bokslutskommuniké 2018
2018-11-30 Kvartalsrapport 2018-Q3

Beskrivning

LandBermuda
ListaOB Match
SektorRåvaror
IndustriOlja & gas
Northern Drilling är en norsk aktör verksamma inom oljeborrning. Bolaget förvaltar över ett flertal avancerade riggar i olika storlekar. Riggarna är särskilt anpassade för borrning på ultra-djupt vatten och i krävande miljöer. Idag innehas verksamhet på global nivå, med större aktivitet i Korea. Bolaget etablerades under 2017 och har sitt huvudkontor i Hamilton, Bermuda.
2023-02-01 16:31:48
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG, JAPAN OR THE UNITED STATES,
OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION
WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE
SECURITIES DESCRIBED HEREIN.

Northern Drilling Ltd. (the "Company") is contemplating a private placement (the
"Private Placement") of new shares (the "Offer Shares") for gross proceeds of up
to approximately USD 10,000,000. The Private Placement is directed towards
investors subject to and in compliance with applicable exemptions from relevant
prospectus or registration requirements. The Company has engaged SpareBank 1
Markets AS as its Sole Bookrunner in the Private Placement (the "Manager").

The net proceeds from the Private Placement will be used to cover arbitration
costs for the ongoing arbitration proceedings relating to claims arising from
the termination of resale contracts for the drillships West Aquila and West
Libra, and for general corporate purposes.

The subscription price will be set through an accelerated bookbuilding process
(the "Subscription Price"). The application period for the Private Placement
will start today, 1 February 2023 at 16:30 (CET) and is expected to close no
later than 2 February 2023 at 08:00 (CET). The Company reserves the right to
close or extend the application period at any time at its sole discretion, at
short notice. The minimum order size and allocation in the Private Placement
will be the NOK equivalent of EUR 100,000, provided that the Company may, at its
sole discretion, offer and allocate an amount below EUR 100,000, pursuant to any
applicable exemptions from applicable prospectus requirements being available.

The Company's largest shareholder, Hemen Holding Ltd. ("Hemen"), is supportive
of the transaction and will subscribe for at least its pro-rata shareholding of
approx. 40.63%.

Allocation of Offer Shares will be made at the discretion of the Company's Board
of Directors in consultation with the Managers after expiry of the application
period, subject to any shortening or extension of the application period.

Completion of the Private Placement is conditional upon the necessary corporate
resolutions being validly made by the Company, including without limitation
approval by the Company's Board of Directors and the Offer Shares having been
fully paid and validly issued. The Company and the Manager reserve the right, at
any time and for any reason, to cancel and/or modify the terms of the Private
Placement.

Settlement of the New Shares allocated in the Private Placement is expected to
take place on or about 6 February 2023 on delivery versus payment basis by
delivery of existing and unencumbered shares in the Company that are already
listed on the Oslo Børs pursuant to a share lending agreement (the "Share
Lending Agreement") between the Company, the Manager and Hemen. The Manager will
settle the share loan from Hemen with the new shares issued in connection with
the Private Placement. A number of new shares equal to the final number of Offer
Shares will be issued by the Company's board of directors, and will be used to
settle the share borrowing from Hemen under the Share Lending Agreement. Some or
all of the new shares to be re-delivered to Hemen as lender may be registered
under a separate ISIN pending approval and publication of a listing prospectus
by the Financial Supervisory Authority of Norway (the "FSA"), if such prospectus
is required under applicable laws and regulations. In the event a prospectus is
required for the listing of such shares, some or all of the new shares to be
re-delivered will not be listed or tradable on Oslo Børs until such listing
prospectus has been approved by the FSA and been published by the Company.

The Company has considered the Private Placement in light of the equal treatment
obligations under applicable regulations and is of the opinion that the waiver
of the preferential rights inherent in a private placement, taking into
consideration the time, costs and risk of alternative methods of the securing
the desired funding, is in the common interest of the shareholders of the
Company.

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and was published by Jonas Ytreland, CFO of the Company,
on 1 February 2023 at 16:30 (CET).

Contacts:
Jonas Ytreland, CFO
+47 994 65 550
Additional information about the Company can be found at:
http://www.northerndrillingltd.com/

***

Important information:
This announcement is not and does not form a part of any offer to sell, or a
solicitation of an offer to purchase, any securities of the Company. Copies of
this announcement are not being made and may not be distributed or sent into any
jurisdiction in which such distribution would be unlawful or would require
registration or other measures.

The securities referred to in this announcement have not been and will not be
registered under the U.S. Securities Act of 1933, as amended (the "Securities
Act"), and accordingly may not be offered or sold in the United States absent
registration or an applicable exemption from the registration requirements of
the Securities Act and in accordance with applicable U.S. state securities laws.
The Company does not intend to register any part of the offering in the United
States or to conduct a public offering of securities in the United States. Any
sale in the United States of the securities mentioned in this announcement will
be made solely to "qualified institutional buyers" as defined in Rule 144A under
the Securities Act.

In any EEA Member State, this communication is only addressed to and is only
directed at qualified investors in that Member State within the meaning of the
Prospectus Regulation, i.e., only to investors who can receive the offer without
an approved prospectus in such EEA Member State. The "Prospectus Regulation"
means Regulation (EU) 2017/1129, as amended (together with any applicable
implementing measures) in any Member State.

This communication is only being distributed to and is only directed at persons
in the United Kingdom that are (i) investment professionals falling within
Article 19(5) of the Financial Services and Markets Act 2000 (Financial
Promotion) Order 2005, as amended (the "Order") or (ii) high net worth entities,
and other persons to whom this announcement may lawfully be communicated,
falling within Article 49(2)(a) to (d) of the Order (all such persons together
being referred to as "relevant persons"). This communication must not be acted
on or relied on by persons who are not relevant persons. Any investment or
investment activity to which this communication relates is available only for
relevant persons and will be engaged in only with relevant persons. Persons
distributing this communication must satisfy themselves that it is lawful to do
so.

The issue, subscription or purchase of shares in the Company is subject to
specific legal or regulatory restrictions in certain jurisdictions. Neither the
Company nor the Manager assume any responsibility in the event there is a
violation by any person of such restrictions. The distribution of this release
may in certain jurisdictions be restricted by law. Persons into whose possession
this release comes should inform themselves about and observe any such
restrictions. Any failure to comply with these restrictions may constitute a
violation of the securities laws of any such jurisdiction. Matters discussed in
this announcement may constitute forward-looking statements. Forward-looking
statements are statements that are not historical facts and may be identified by
words such as "believe", "expect", "anticipate", "strategy", "intends",
"estimate", "will", "may", "continue", "should" and similar expressions. The
forward-looking statements in this release are based upon various assumptions,
many of which are based, in turn, upon further assumptions. Although the Company
believe that these assumptions were reasonable when made, these assumptions are
inherently subject to significant known and unknown risks, uncertainties,
contingencies and other important factors which are difficult or impossible to
predict, and are beyond their control. Such risks, uncertainties, contingencies
and other important factors could cause actual events to differ materially from
the expectations expressed or implied in this release by such forward-looking
statements. The Company does not make any guarantee that the assumptions
underlying the forward-looking statements in this announcement are free from
errors nor does it accept any responsibility for the future accuracy of the
opinions expressed in this announcement or any obligation to update or revise
the statements in this announcement to reflect subsequent events. You should not
place undue reliance on the forward-looking statements in this announcement. The
information, opinions and forward-looking statements contained in this
announcement speak only as at its date, and are subject to change without
notice. The Company does not undertake any obligation to review, update,
confirm, or to release publicly any revisions to any forward-looking statements
to reflect events that occur or circumstances that arise in relation to the
content of this announcement. This announcement is for information purposes only
and is not to be relied upon in substitution for the exercise of independent
judgment. It is not intended as investment advice and under no circumstances is
it to be used or considered as an offer to sell, or a solicitation of an offer
to buy any securities or a recommendation to buy or sell any securities of the
Company. The distribution of this announcement and other information may be
restricted by law in certain jurisdictions. Persons into whose possession this
announcement or such other information should come are required to inform
themselves about and to observe any such restrictions. This announcement is an
advertisement and is not a prospectus for the purposes of the Prospectus
Regulation as implemented in any Member State.