OSLO, Norway, Feb. 25, 2021 /PRNewswire/ -- Borr Drilling
Limited (the "Company") (NYSE and OSE: BORR), refers to its
announcement on September 7, 2020
regarding the written notice received from the New York Stock
Exchange (the "NYSE") that the Company was not in compliance with
the NYSE continued listing standard with respect to the minimum
average share price required by the NYSE (the "Continued Listing
Standard") because the average closing price of its common shares
had fallen below $1.00 per share over
a period of 30 consecutive trading days.
The Company has today received a letter from the NYSE,
confirming that the Company's average stock price for the 30
trading day period ended February 25,
2021 was above the NYSE's minimum requirement of
$1.00. Accordingly, the Company has
regained compliance with the Continued Listing Standard.
Hamilton, Bermuda, February 25, 2021
This information is subject to the disclosure requirements
pursuant to section 5 -12 of the Norwegian Securities Trading
Act
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SOURCE Borr Drilling Limited