Awilco Drilling PLC (AWDR) announces that on 25 July, 2016, the following synthetic share transactions occurred:
Jon Oliver Bryce, Chief Executive Officer, has exercised 90,962 synthetic shares in AWDR under the Synthetic Share Plan at a price of NOK 33.11. After this transaction Jon Oliver Bryce holds 51,940 synthetic shares (subject to specific performance measures relating to capital projects).
Roddy Smith, Executive Vice President, has exercised 63,676 synthetic shares in AWDR under the Synthetic Share Plan at a price of NOK 33.11. After this transaction Roddy Smith holds 38,435 synthetic shares.
Ian Wilson, Chief Financial Officer, has exercised 60,035 synthetic shares in AWDR under the Synthetic Share Plan at a price of NOK 33.11. After this transaction Ian Wilson holds 38,435 synthetic shares.
Gary Holman, Operations Director, has exercised 118,673 synthetic shares in AWDR under the Synthetic Share Plan at a price of NOK 33.11. After this transaction Gary Holman holds 37,539 synthetic shares with a strike price of NOK 29 and 38,435 synthetic shares.
Jan Børge Usland, Commercial Advisor, has exercised 24,050 synthetic shares in AWDR under the Synthetic Share Plan at a price of NOK 33.11. After this transaction Jan Børge Usland holds no synthetic shares.
Aberdeen, 26 July, 2016
For further information please contact:
Jon Oliver Bryce, CEO
Phone +44 1224 737900
Cathrine Haavind, IR Manager
Phone: +47 93 42 84 64
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.