SUGAR LAND, Texas, Oct. 15, 2022 /PRNewswire/ -- Noble Corporation
plc ("Noble") (CSE: NOBLE, NYSE: NE) today announced changes to its
share capital. During the period since October 3, 2022, 345,033 new A ordinary shares
each with a nominal value of USD
0.00001 have been issued. The new A ordinary shares have
been issued to certain directors, officers, and employees of Noble
at no cost as a result of the vesting of restricted stock units.
The new A ordinary shares carry the same rights as the existing A
ordinary shares of Noble. The new A ordinary shares are expected to
be admitted to trading and official listing on Nasdaq
Copenhagen.
In addition, 30,459 A ordinary shares with a nominal value of
USD 0.00001 each (the
"Excess Shares") issued in connection with the closing of the
recommended voluntary share exchange offer to the shareholders of
The Drilling Company of 1972 A/S ("Maersk Drilling") (the "Exchange
Offer") has been cancelled. The Excess Shares were issued by Noble
in connection with the closing of the Exchange Offer. As further
described in the offer document published by Noble on August 8, 2022, the Excess Shares were issued due
to the exchange ratio of 1.6137 share entitlements, representing
Noble shares, for each outstanding Maersk Drilling share resulting
in the holders of acceptance shares being entitled to a number of
fractional share entitlements, representing fractional Noble
shares. Such fractional share entitlements were not delivered in
the Exchange Offer to the holders of acceptance shares but were
instead settled in cash in accordance with the terms of the
Exchange Offer. As a result, the Excess Shares, representing the
totality of the fractional share entitlements not delivered in the
Exchange Offer have been cancelled.
As a result of the changes and as of today, there are a total of
130,805,333 class A ordinary shares of Noble issued and outstanding
with a nominal value of USD 0.00001
each.
About Noble Corporation
Noble is a leading offshore drilling contractor for the oil and
gas industry. The Company owns and operates one of the most
modern, versatile, and technically advanced fleets in the offshore
drilling industry. Noble and its predecessors have been
engaged in the contract drilling of oil and gas wells since
1921. Noble performs, through its subsidiaries, contract
drilling services with a fleet of offshore drilling units focused
largely on ultra-deepwater and high specification jackup drilling
opportunities in both established and emerging regions worldwide.
For further information visit www.noblecorp.com or email
investors@noblecorp.com.
IMPORTANT INFORMATION
This announcement is for information purposes only and does not
constitute or contain any invitation, solicitation, recommendation,
offer or advice to any person to subscribe for or otherwise acquire
or dispose of any securities of Noble.
Certain statements in this announcement, including any
attachments hereto, may constitute forward-looking statements.
Forward-looking statements are statements (other than statements of
historical fact) relating to future events and Noble and its
subsidiaries (collectively, the "Noble Group") anticipated or
planned financial and operational performance. The words "targets",
"believes", "continues", "expects", "aims", "intends", "plans",
"seeks", "will", "may", "might", "anticipates", "would", "could",
"should", "estimates", "projects", "potentially" or similar
expressions or the negatives thereof, identify certain of these
forward-looking statements. The absence of these words, however,
does not mean that the statements are not forward-looking. Other
forward-looking statements can be identified in the context in
which the statements are made.
Although Noble believes that the expectations reflected in these
forward-looking statements are reasonable as of the date of this
announcement, such forward-looking statements are based on Noble's
current expectations, estimates, forecasts, assumptions and
projections about the Noble Group's business and the industry in
which the Noble Group operates and/or which has been extracted from
publications, reports and other documents prepared by the Noble
Group and are not guarantees of future performance or development
and involve known and unknown risks, uncertainties and other
important factors beyond the Noble Group's control that could cause
the Noble Group's actual results, performance or achievements to
differ materially from any future results, performance or
achievements expressed or implied by such forward-looking
statements.
Any forward-looking statements included in this announcement,
including any attachment hereto, speak only as of today. Noble does
not intend, and does not assume, any obligations to update any
forward-looking statements contained herein, except as may be
required by law or the rules of the New York Stock Exchange or
Nasdaq Copenhagen. All subsequent written and oral forward-looking
statements attributable to Noble or to persons acting on its behalf
are expressly qualified in their entirety by the cautionary
statements referred to above and contained in this announcement,
including any attachment hereto.
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