Borr Drilling Discloses Executive Chairman’s Share Transaction Under MAR Rules

An announcement from Borr Drilling ( (BORR) ) is now available.

Borr Drilling has disclosed a share transaction involving its Executive Chairman, Patrick Schorn, who is classified as a person discharging managerial responsibilities under market regulations. The trade notification, made in line with Norwegian and EU market abuse and securities trading rules, underscores the company’s adherence to transparency requirements for insider dealings that are relevant to shareholders and market participants.

Further details of the transaction are available through the official regulatory filing associated with the notice, reflecting standard governance practice for a dual-listed company on the NYSE and Euronext Growth Oslo. By complying with stringent disclosure regimes in Norway and the EU, Borr Drilling reinforces investor confidence and regulatory compliance in its capital market activities.

The most recent analyst rating on (BORR) stock is a Buy with a $6.00 price target. To see the full list of analyst forecasts on Borr Drilling stock, see the BORR Stock Forecast page.

More about Borr Drilling

Borr Drilling Limited is an offshore drilling contractor listed on the NYSE and Euronext Growth Oslo, focusing on providing jack-up drilling rigs and related services to the international oil and gas industry. The company operates globally from its base in Hamilton, Bermuda, serving exploration and production clients with modern drilling assets in key energy markets.

Average Trading Volume: 7,284,347

Technical Sentiment Signal: Buy

Current Market Cap: $1.77B

See more data about BORR stock on TipRanks’ Stock Analysis page.