Borr drilling limited - increase in share capital

Hamilton, bermuda , feb. 24, 2023 /prnewswire/ -- reference is made to borr drilling limited's (the "company") (nyse: borr) (ose: borr) stock exchange releases related to the completion of the special general meeting on 23 february 2023 and the convertible bond offering launched on 24 january 2023. following the successful placement of the $250 million convertible bonds, the company entered into a share lending agreement ("sla") with the intention to make up to 25 million shares available for the purposes of facilitating investors' hedging activities, of which 15 million shares have already been made available.
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