Archer Limited : New shares issued

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN. Archer Limited: New shares issued […]

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Archer Limited : Share capital increase – vesting of restricted stock units

Hamilton, Bermuda (March 2, 2017) In connection with Archer’s long term incentive program 191,750 restricted stock units (“RSUs”) have vested and the same amount of common shares have been distributed to Archer employees. In connection with the vesting of RSUs, Archer Limited has issued 191,750 common shares. The authorized share capital of Archer Limited is […]

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Archer Limited : Allocation to primary insiders in the Private Placement and grant of options

Hamilton, Bermuda (March 1, 2017) Reference is made to the stock exchange notice published by Archer Limited (the “Company”) on March 1, 2017 regarding the result of the Private Placement. Primary insiders in the Company have today been allocated Shares in connection with the Private Placement as follows: Ørjan Svanevik, Chairman of Archer Limited has […]

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Archer Limited : Shareholding disclosure

Reference is made to the stock exchange notice from Archer Limited (Archer) in connection with the private placement of new shares. Hemen Holding Limited (Hemen), a company indirectly controlled by trusts established by John Fredriksen for the benefit of his immediate family, has been allocated 12,600,000 shares in the private placement. The subscription price per […]

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Archer Limited : Subsequent Offering

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES OR ANYOTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN. Archer Limited: Subsequent Offering Reference is […]

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Archer Limited : USD 100 million private placement successfully placed

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN. Archer Limited: USD 100 million […]

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Archer Limited : Comprehensive debt refinancing and contemplated private placement

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN. Archer Limited: Comprehensive debt refinancing […]

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Archer Limited : Fourth quarter and preliminary 2016 results

Hamilton, Bermuda (February 28, 2016) Fourth quarter 2016 highlights Archer has today 28th of February separately announced a comprehensive refinancing solution, which will significantly improve the balance sheet and provide sufficient liquidity to develop the business. The refinancing agreements are contingent on a minimum capital raise of $60 million. Fourth quarter revenue was $221.4 million. Fourth […]

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Archer Limited : Announcement of earnings release date and invitation to presentation of fourth quarter 2016 results

Hamilton, Bermuda (February 28, 2017) Archer Limited’s fourth quarter 2016 results are scheduled to be released on Tuesday, February 28, 2017 after the close of trading on Oslo Stock Exchange. In connection with the earnings release, a presentation will be held in Oslo, Norway by Archer CEO John Lechner and CFO Dag Skindlo, at Felix […]

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