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    ARCH   BMG0451H1170

ARCHER LIMITED

(ARCH)
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Correction: Share capital increase - vesting of restricted stock units

10/07/2021 | 06:49am EST

Hamilton, Bermuda (October 7, 2021)

Reference is made to Archer's announcement 7. October 2021 regarding vesting of restricted stock units and distribution to primary insiders.

Mr. Dag Skindlo, CEO, received 71,000 shares. After this transaction, Mr. Skindlo holds 324,333 shares, 600 000 stock options and 100,000 RSUs in Archer Limited.

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)

https://news.cision.com/archer-limited/r/correction--share-capital-increase---vesting-of-restricted-stock-units,c3428818

(c) 2021 Cision. All rights reserved., source Press Releases - English

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Financials
Sales 2021 7 495 M 844 M 844 M
Net income 2021 72,7 M 8,19 M 8,19 M
Net Debt 2021 4 106 M 462 M 462 M
P/E ratio 2021 8,13x
Yield 2021 -
Capitalization 595 M 66,4 M 67,0 M
EV / Sales 2021 0,63x
EV / Sales 2022 0,55x
Nbr of Employees 4 500
Free-Float 49,4%
Chart ARCHER LIMITED
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Technical analysis trends ARCHER LIMITED
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Income Statement Evolution
Consensus
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Mean consensus UNDERPERFORM
Number of Analysts 2
Last Close Price 4,00 NOK
Average target price 3,00 NOK
Spread / Average Target -25,0%
EPS Revisions
Managers and Directors
Dag Skindlo Chief Executive Officer & Director
Espen Joranger Group Controller
Kjell-Erik ěstdahl Executive Chairman
Giovanni Dell'Orto Independent Director
James O'Shaughnessy Independent Director
Sector and Competitors