Oslo, 10 September 2026: Reference is made to the stock exchange announcement
made by Deep Value Driller AS ("DVD" or the "Company", and together with its
subsidiaries, the "Group") on 25 February 2026 regarding the agreement to sell
the Group's 7th generation mobile offshore drilling vessel "Deep Value Driller"
(the "Drillship") to Eldorado Drilling AS ("Eldorado Drilling") (the
"Transaction").
The Transaction was completed today by DVD delivering the Drillship to Eldorado
Drilling against receipt of the purchase price for the Drillship.
In connection with closing of the Transaction the Group settled its senior
secured term loan facility by payment of the outstanding amount.
DVD intends to return all available free cash to its shareholders and will
revert in due time with the proposed amounts and procedure for such
distributions.
Contacts:
Einar J. Greve, Chairman of the Board
+41 79 644 77 66
ejg@cipriano.no
Svend Anton Maier, CEO
+47 41 42 71 29
sam@deepvaluedriller.no
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act and the Euronext Growth Rule Book
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© Oslo Bors ASA, source Oslo Stock Exchange