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Deep Value Driller AS ( (DE:9YG) ) has issued an announcement.
Deep Value Driller AS has reached an agreement with board member Glen Ole Rødland, acting through Corona Maritime AS, to terminate 300,000 previously issued warrants and instead sell him 300,000 treasury shares at NOK 3.60 per share. The price reflects the original warrant exercise price of NOK 12.50, adjusted for NOK 8.90 per share in dividends paid since 2022, and leaves Rødland and his related companies with no remaining warrants in the company, tightening the company’s capital structure while disclosing an insider transaction in line with Norwegian and EU market abuse and securities regulations.
More about Deep Value Driller AS
Deep Value Driller AS is a drillship-owning company focused on offshore drilling, owning the high-specification ultra-deepwater 7th generation drillship “Deep Value Driller,” built in 2014. The company aims to create and maximise value for customers and investors through the safe and sustainable operation of its drillship in the offshore energy sector.
Average Trading Volume: 237,674
Current Market Cap: NOK1.97B
Find detailed analytics on 9YG stock on TipRanks’ Stock Analysis page.