Filing Details
- Accession Number:
- 0001341004-20-000050
- Form Type:
- 13G Filing
- Publication Date:
- 2020-02-12 08:52:38
- Filed By:
- Folketrygdfondet
- Company:
- Borr Drilling Limited (NYSE:BORR)
- Filing Date:
- 2020-02-12
- SEC Url:
- 13G Filing
Ownership Summary
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
| Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
|---|---|---|---|---|---|---|
| Folketrygdfondet | 8,538,061 | 0 | 8,538,061 | 0 | 8,538,061 | 7.6% |
Filing
CUSIP No. G1466R207
Page 1 of 5
| UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 |
| SCHEDULE 13G |
| Under the Securities Exchange Act of 1934 |
| Borr Drilling Ltd. |
| (Name of Issuer) |
| Common Stock, par value $0.05 per share |
| (Title of Class of Securities) |
| G1466R207 |
| (CUSIP Number) |
| December 31, 2019 |
| (Date of Event Which Requires Filing of this Statement) |
Check the appropriate box to designate the rule pursuant to which this schedule is filed:
☐ Rule 13d-1(b)
☐ Rule 13d-1(c)
☒ Rule 13d-1(d)
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or
otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP No. G1466R207
Page 2 of 5
| 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Folketrygdfondet | |
| 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) ☐ (b) ☐ | |
| 3 SEC USE ONLY | |
| 4 CITIZENSHIP OR PLACE OF ORGANIZATION Norway | |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 SOLE VOTING POWER 8,538,061 Common Shares |
| 6 SHARED VOTING POWER 0 | |
| 7 SOLE DISPOSITIVE POWER 8,538,061 Common Shares | |
| 8 SHARED DISPOSITIVE POWER 0 | |
| 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 8,538,061 Common Shares | |
| 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions) ☐ | |
| 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 7.6%(1) | |
| 12 TYPE OF REPORTING PERSON OO | |
| (1) Based on 112,278,065 Common Shares outstanding as of September 30, 2019, as reported on Form 6-K submitted by the Issuer to the Securities and Exchange Commission on November 29, 2019. | |
CUSIP No. G1466R207
Page 3 of 5
| Item 1. | |
| (a) | Name of Issuer: |
Borr Drilling Ltd.
| (b) | Address of Issuer’s Principal Executive Offices: |
S. E. Pearman Building
2nd Floor 9 Par-la-Ville Road
Hamilton, HM 11, Bermuda
| Item 2. | |
| (a) | Name of Person Filing: |
Folketrygdfondet
| (b) | Address of Principal Business Office: |
Haakon VII's Gate 2
P.O. Box 1845 Vika
0123 Oslo
Norway
| (c) | Citizenship: |
Norway
| (d) | Title of Class of Securities: |
Common Shares
| (e) | CUSIP Number: |
G1466R207
| Item 3. | If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: |
Not applicable.
| (a) | ☐ Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). |
| (b) | ☐ Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). |
| (c) | ☐ Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). |
| (d) | ☐ Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). |
| (e) | ☐ An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E). |
| (f) | ☐ An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F). |
| (g) | ☐ A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G). |
| (h) | ☐ A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813). |
| (i) | ☐ A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of
1940 (15 U.S.C. 80a-3). |
| (j) | ☐ A non-U.S. institution in accordance with §240.13d–1(b)(1)(ii)(J); |
CUSIP No. G1466R207
Page 4 of 5
| (k) | ☐ Group, in accordance with §240.13d–1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with §240.13d–1(b)(1)(ii)(J),
please specify the type of institution:__________________________. |
| Item 4. | Ownership. |
Amount beneficially owned:
8,538,061 Common Shares
| (b) | Percent of class: |
7.6%
| (c) | Number of shares as to which the person has: |
| (i) | Sole power to vote or to direct the vote |
8,538,061 Common Shares
| (ii) | Shared power to vote or to direct the vote |
0
| (iii) | Sole power to dispose or to direct the disposition of |
8,538,061 Common Shares
| (iv) | Shared power to dispose or to direct the disposition of |
0
| Item 5. | Ownership of Five Percent or Less of a Class. |
Not applicable.
| Item 6. | Ownership of More than Five Percent on Behalf of Another Person. |
Not applicable.
| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. |
Not applicable.
| Item 8. | Identification and Classification of Members of the Group. |
Not applicable.
| Item 9. | Notice of Dissolution of a Group. |
Not applicable.
| Item 10. | Certification. |
Not applicable.
CUSIP No. G1466R207
Page 5 of 5
After reasonable inquiry and to the best of my knowledge and believe, I certify that the information set forth in this statement is true, complete and correct.
| Dated: February 11, 2020 | Folketrygdfondet | |
| By: /s/ Christina Stray | ||
| Name: Christina Stray | ||
| Title: General Counsel |