Odfjell Partners Ltd has today in a private transaction acquired 476,191 common
shares in Odfjell Drilling Ltd (“ODL”) from the CEO of Odfjell Drilling AS Simen
Lieungh at a price per share of NOK 25.88 (i.e. the last quoted share price on
Oslo Børs). Odfjell Partners Ltd is controlled by Helene Odfjell, who is the
chair of the board of ODL.
Following the transaction, Simen Lieungh owns 476,190 common shares in ODL and
has options to acquire up to 960,000 additional common shares in ODL.
Following the transaction Odfjell Partners Ltd owns 142,476,191 common shares in
ODL representing 60,17% of the common shares issued by ODL.
Aberdeen, United Kingdom
28 November 2019
Odfjell Drilling Ltd.
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.