Shelf Drilling Ltd.

12/05/2019 | Press release | Distributed by Public on 12/05/2019 09:44

Shelf Drilling Share Repurchase

Shelf Drilling Share Repurchase

PRESS RELEASE SHELF DRILLING SHARE REPURCHASE Dubai, December 5, 2019: Reference is made to the stock exchange announcement dated 2 September 2019 regarding the share repurchase program initiated by Shelf Drilling, Ltd. ('Shelf Drilling' or the 'Company', OSE: SHLF). Shelf Drilling has on 5 December 2019 bought 12,589 shares in the Company at an average price of NOK 18.4439 per share. After the transaction Shelf Drilling holds 50,529 shares in the Company. 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 [email protected] This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.