Drilling of 1972 A/S : Transactions in connection with share buy-back programme

On 6 April 2020, The Drilling Company of 1972 A/S ('Maersk Drilling') initiated a share buy-back programme to cover obligations arising under its long-term incentive programme.

The share buy-back programme will run until 20 May 2020 and comprise up to 245,000 shares, corresponding to 0.6% of Maersk Drilling's share capital, subject to a maximum total purchase price of DKK 70 million.

The following transactions were executed under the programme from 27 April 2020 to 1 May 2020:

	No. of shares	Average price (DKK)	Total value (DKK)
Accumulated, last announcement	155,695		23,867,430
27 April 2020	9,944	148.71	1,478,816
28 April 2020	10,000	148.97	1,489,735
29 April 2020	6,323	151.86	960,181
30 April 2020	9,791	164.99	1,615,423
1 May 2020	6,949	156.73	1,089,112
Total	43,007		6,633,270
Accumulated under the programme	198,702		30,500,700

Details of each transaction are included as an appendix to this announcement.

Following these transactions, Maersk Drilling holds 196,866 shares as treasury shares, corresponding to 0.47% of the total share capital and voting rights.

The share buy-back programme is undertaken in accordance with Regulation (EU) No. 596/2014 ('MAR') and the Commission Delegated Regulation (EU) 2016/1052, also referred to as the 'Safe Harbour Regulation'. Further details on the terms of the share buy-back programme can be found in company announcement no. 7/2020 dated 6 April 2020.

For further information, please contact:
Michael Harboe-Jørgensen
Head of Investor Relations
[phone]
[e-mail]

Kristoffer Apollo
Senior Press Officer
[phone]
[e-mail]

Attachments

• Company announcement - 013 - 05052020 - Share buy-back programme - Week 18
• Appendix - Specification - Week 18