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Noble Corp Plc(NE-N)

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Noble Corporation plc announces changes to its share capital

PR Newswire - Thu Nov 10, 2022

SUGAR LAND, Texas, Nov. 10, 2022 /PRNewswire/ -- Noble Corporation plc ("Noble") (CSE: NOBLE, NYSE: NE) today announces changes to its share capital. On 7 November, Noble issued 1,782,340,951 capitalization shares to a Noble subsidiary to capitalize the merger reserve created in connection with the business combination with The Drilling Company of 1972 A/S ("Maersk Drilling") and with the intention of a subsequent reduction of capital to create further distributable reserves in Noble. In addition, as described in the exemption document published by Noble on August 8, 2022, 50,000 B ordinary shares in Noble were held by Noble Corporation 2022 Limited upon the launch of the recommended voluntary share exchange offer to the shareholders of Maersk Drilling.


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