SDSD: SDSD Completed secondary placing
2020-10-19 23:42:52
Oslo, 19 October 2020. Reference is made to the stock exchange notice published
earlier today, 19 October 2020, regarding a contemplated sale of up to
105,846,245 existing shares in S.D. Standard Drilling Plc ("SDSD" or the
"Company") by Saga Tankers ASA ("Saga Tankers" or the "Seller").
The Seller has now successfully sold 105,846,245 shares in the Company, at a
price per share of NOK 0.65,-.
Fearnley Securities acted as Manager in the transaction.
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This information is subject of the disclosure requirements acc. to 5-12 of the
Norwegian Securities Trading Act.