Archer Limited (ARCHER) 🛢

TekBot · november 1, 2024, 6:31am

Archer Limited: Invitation to investor presentation

Hamilton, Bermuda (November 1, 2024)
Reference is made to the various stock exchange announcements made by Archer
Limited on October 30[th] and 31[st]. including the financial report for Q3 2024
…

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(“Q3 Report”), the acquisition of Wellbore Fishing and Rental Tools LLC (the
“WFR acquisition”) and the private placement of USD 50 million ("Private
Placement).

Archer will host a conference call at 9:00 am CET on November 1, 2024 to further
discuss the Q3 Report, the WFR acquisition and the Private Placement.

To follow the presentation, the following options are available:

A. Webcast

To register for the webcast please go to
Events Platform - Q4 (https://eur05.safelinks.protection.o
utlook.com
2%7CJoachim.Houeland%40archerwell.com%7C4245a125726f4e15ccc208dcf8e91ea0%7C7e0934
4361d34f25b10bb8e038ac2798%7C0%7C0%7C638658927381995074%7CUnknown%7CTWFpbGZsb3d8e
yJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C&sd
ata=CBAtQQ%2FfgpJdI4a6b7CIS6SuKfZQtG85edSqJ0ssFkE%3D&reserved=0)

B. Conference call

To access the call, which is open to the public, please dial in at the
participant telephone numbers listed below. Please call in 10 minutes prior to
the scheduled start time and ask for the “Archer Third Quarter 2024 Earnings
Release Call”.

Participants dial-in:

· United Kingdom - London +44.20.3481.4247
· USA / International Toll +1 (646) 307-1963
· Norway - National +47 57 98 94 30

Conference ID 4689979

The operator will ask for your name and company. Following the presentation
there will be a Q&A session. Information on how to ask questions will be given
at the beginning of the Q&A session.

Kilde

TekBot · november 1, 2024, 2:11pm

NOTIFICATION OF MAJOR HOLDINGS

TekBot · november 5, 2024, 10:32am

Archer Limited: New share capital registered

Hamilton, Bermuda 5 November 2024

Reference is made to the stock exchange announcement made by Archer Limited (the
…

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“Company”) on 31 October 2024 regarding the successful private placement (the
“Private Placement”) of 24,393,100 new common shares in the Company raising
gross proceeds of the NOK equivalent of approx. USD 50 million. The Private
Placement is divided in two separate tranches, where the first tranche (“Tranche
1”) consists of 13,512,837 new shares (the “Tranche 1 Shares”) and the second
tranche consists of the remaining 10,880,263 new shares in the Private
Placement.

The Tranche 1 Shares have now been registered in Euronext Securities Oslo (being
the Company’s branch register under Bermuda law) as duly issued. 12,994,119 of
the Tranche 1 Shares have been issued on the Company’s ordinary ISIN and are
listed on Oslo Børs today, 5 November 2024. The remaining 518,718 Tranche 1
Shares have been issued on a separate ISIN, pending the publication of a
prospectus for the listing of such shares.

Following registration of the new share capital pertaining to the issuance of
the Tranche 1 Shares, the Company’s issued share capital is USD 784,834.35
divided into 78,483,435 common shares, each with a nominal value of USD 0.01.

This information is subject to the disclosure requirements pursuant to Section 5
-12 of the Norwegian Securities Trading Act.

Kilde

TekBot · november 7, 2024, 4:18pm

NOTIFICATION OF MAJOR HOLDINGS

TekBot · november 13, 2024, 3:49pm

Archer Limited: Minutes from Special General Meeting

TekBot · november 14, 2024, 7:12am

Archer Limited: New share capital registered

Hamilton, Bermuda (November 14, 2024)

Reference is made to the stock exchange announcement made by Archer Limited (the
…

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“Company”) on August 16, 2024, announcing that the Company had agreed to
acquire an additional 10% of the shares in Iceland Drilling from its joint
venture partner Kaldbakur for USD 2.5 million (the “Share Acquisition”), to be
settled through the issuance of new shares in the Company to Kaldbakur. The
Company has on November 13 issued 1,174,436 new shares in the Company (the
“Consideration Shares”), to enable settlement of the Share Acquisition.

The Consideration Shares have been registered in Euronext Securities Oslo (being
the Company’s branch register under Bermuda law) as duly issued. The
Consideration Shares have been issued on a separate ISIN, pending the
publication of a prospectus for the listing of such shares.

Following registration of the new share capital pertaining to the issuance of
the Consideration Shares, the Company’s issued share capital is USD 796,578.71
divided into 79,657,871 common shares, each with a nominal value of USD 0.01.

This information is subject to the disclosure requirements pursuant to Section 5
-12 of the Norwegian Securities Trading Act.

Kilde

TekBot · november 14, 2024, 3:19pm

Archer Limited: New share capital registered

Hamilton, Bermuda (November 14, 2024)

Reference is made to the stock exchange announcement made by Archer Limited (the
…

Vis børsmeldingen

“Company”) on October 31, 2024 regarding the successful private placement (the
“Private Placement”) of 24,393,100 new common shares in the Company raising
gross proceeds of the NOK equivalent of approx. USD 50 million. The Private
Placement is divided in two separate tranches, where the first tranche consists
of 13,512,837 new shares and the second tranche consists of the remaining
10,880,263 new shares (the “Tranche 2 Shares”) in the Private Placement.

The Tranche 2 Shares have now been registered in Euronext Securities Oslo (being
the Company’s branch register under Bermuda law) as duly issued. The Tranche 2
Shares have been issued on a separate ISIN, pending the publication of a
prospectus for the listing of such shares.

Following registration of the new share capital pertaining to the issuance of
the Tranche 2 Shares, the Company’s issued share capital is USD 905,381.34
divided into 90,538,134 common shares, each with a nominal value of USD 0.01.

This information is subject to the disclosure requirements pursuant to Section 5
-12 of the Norwegian Securities Trading Act.

Kilde

TekBot · november 18, 2024, 7:57am

Archer Limited: Wellbore Fishing and Rental Tools LLC acquisition closed

Hamilton, Bermuda (November 18, 2024)

Reference is made to the notification dated October 30, 2024, wherein Archer
…

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announced its agreement to acquire Wellbore Fishing & Rental Tools, LLC
(“WFR”). Total consideration for the acquisition was $51.5 million, financed
through a private placement of $50 million as announced on October 31, 2024, and
cash at hand.

We are pleased to announce that the transaction has now closed, in accordance
with previously communicated terms.

About WFR

WFR is a US based well technology company focused on oil and gas fishing
operations. Fishing operations include multiple activities during the well life
cycle, including the removal of stuck equipment, pipe, completion, downhole
tools, casing, and liners for intervention, as well as workover and P&A
operations. WFR’s 2024 revenue is expected to reach approximately $45 million,
with an EBITDA margin above 30%.

For additional information please contact:

Espen Joranger, Chief Financial Officer, Mobile: +47 982 06 812, Email:
espen.joranger@archerwell.com

Joachim Houeland, Manager Treasury and Investor Relations, Mobile: +47 482 78
748, Email: joachim.houeland@archerwell.com

Kilde