Noble on Persons Discharging Responsibilities

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(Noble, 17.Feb.2023) — Noble Corporation plc (CSE: NOBLE, NYSE: NE) announces a correcting of the announcement of 3 October 2022 regarding transactions made by persons discharging managerial responsibilities.

In the announcement of 3 October 2022, it was stated that Blake A. Denton and Joey M. Kawaja exchanged 3,076 shares of Noble Corporation for 3,076 A ordinary shares of Noble in connection with the completion of the merger between Noble Corporation and Noble Newco Sub Limited. The correct number of shares of Noble Corporation exchanged by each of Blake A. Denton and Joey M. Kawaja was 0.

In addition, it was stated that Alan J. Hirshberg, Ann D. Pickard and Charles M. (Chuck) Sledge received A ordinary shares of Noble in the amounts of 22,796, 22,796 and 27,202, respectively, due to the accelerated vesting of restricted share units free of charge as a result of the closing of the business combination between Noble Corporation and the Drilling Company of 1972 A/S on 3 October 2022. Due to a part of the restricted share units having been settled in cash, the correct amount of A ordinary shares of Noble received by Alan J. Hirshberg, Ann D. Pickard and Charles M. (Chuck) Sledge were 13,677, 13,677 and 16,322, respectively.

Further details are set out in the notifications below, made in accordance with the requirements of article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (the “Market Abuse Regulation”) as amended.  

Below is the corrected notification:

Notification and public disclosure in accordance with the requirements of the EU market abuse regulation of transactions by persons discharging managerial responsibilities and persons closely associated with them.

Public disclosure of transactions made by Ann D. Pickard

1Details of the person discharging managerial responsibilities/person closely associated
a)NameAnn D. Pickard
 
2Reason for the notification
a)Position/StatusMember of the Board of Directors
 
b)Initial Notification/AmendmentAmendment: The number of A ordinary shares received is amended from 22,796 to 13,677 shares. The original announcement included 9,119 A ordinary shares which represented restricted stock units that were settled in cash.
 
3Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor
a)NameNoble Corporation plc
 
b)LEI549300I3HBUNXO0OG954
 
4Details of transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted.
a)Description of the financial instrument, type of instrument

Identification code
Restricted share units related to the shares of Noble Corporation plc

CUSIP-code: G65431127
 
b)Nature of the transactionAccelerated vesting of restricted share units free of charge as a result of the closing of the business combination on 3 October 2022
 
c)Price(s) and volume(s)Price(s)Volume(s)
USD 013,677
d)Aggregated informationAggregated volumePrice
13,677

USD 0
e)Date of the transaction2022-10-3
 
f)Place of the transactionOutside a trading venue
 

Public disclosure of transactions made by Alan J. Hirshberg

1Details of the person discharging managerial responsibilities/person closely associated
a)NameAlan J. Hirshberg
 
2Reason for the notification
a)Position/StatusMember of the Board of Directors
 
b)Initial Notification/AmendmentAmendment: The number of A ordinary shares received is amended from 22,796 to 13,677 shares. The original announcement included 9,119 A ordinary shares which represented restricted stock units that were settled in cash.
 
3Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor
a)NameNoble Corporation plc
 
b)LEI549300I3HBUNXO0OG954
 
4Details of transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted.
a)Description of the financial instrument, type of instrument

Identification code
Restricted share units related to the shares of Noble Corporation plc

CUSIP-code: G65431127
 
b)Nature of the transactionAccelerated vesting of restricted share units free of charge as a result of the closing of the business combination on 3 October 2022
 
c)Price(s) and volume(s)Price(s)Volume(s)
USD 013,677
 
d)Aggregated informationAggregated volumePrice
13,677

USD 0
e)Date of the transaction2022-10-3  
 
f)Place of the transactionOutside a trading venue
 

Public disclosure of transaction(s) made by Charles M. (Chuck) Sledge:

1Details of the person discharging managerial responsibilities/person closely associated
a)NameCharles M. (Chuck) Sledge
 
2Reason for the notification
a)Position/StatusChairman of the Board of Directors
 
b)Initial Notification/AmendmentAmendment: The number of A ordinary shares received is amended from 27,202 to 16,322 shares. The original announcement included 10,880 A ordinary shares which represented restricted stock units that were settled in cash.
 
3Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor
a)NameNoble Corporation plc
 
b)LEI549300I3HBUNXO0OG954
 
4Details of transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted.
a)Description of the financial instrument, type of instrument

Identification code
Restricted share units related to the shares of Noble Corporation plc

CUSIP-code: G65431127
 
b)Nature of the transactionAccelerated vesting of restricted share units free of charge as a result of the closing of the business combination on 3 October 2022
 
c)Price(s) and volume(s)Price(s)Volume(s)
USD 016,322
 
d)Aggregated informationAggregated volumePrice
16,322

USD 0
e)Date of the transaction2022-10-3
 
f)Place of the transactionOutside a trading venue
 

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