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Market capitalisation of approximately NOK 3.8 billion
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The ninth listing of the year on Euronext Oslo Børs’ markets
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38th listing on Euronext in 2024 and the ninth international listing
Euronext Oslo Børs congratulates Vantage Drilling (ticker: VDI) on its listing on Euronext Growth Oslo. This marks the ninth listing in Oslo this year. It is also the 38th listing across Euronext and the ninth international listing in 2024.
Vantage Drilling is a global offshore drilling contractor that operates a fleet of modern, high-specification drilling rigs. Established in 2007, Vantage's primary business is to contract drilling units, related equipment and work crews, primarily on a day-rate basis, to drill oil and natural gas wells globally for major, national and independent oil and gas companies. The company has offices in the United Arab Emirates and Singapore.
The shares were initially priced at NOK 287 per share, achieving a market capitalisation of NOK 3.8 billion on the first day of trading.
Ihab Toma, CEO of Vantage Drilling, said: "This milestone represents a major accomplishment in our company’s journey and reflects the hard work and dedication of our entire team. Listing on Euronext Growth Oslo strategically positions us to tap into new growth opportunities, boost our visibility, and deliver greater value to our shareholders.”
Caption: Ihab Toma, CEO of Vantage Drilling, rang the bell when visiting Euronext Oslo Børs last week. The company was welcomed by Øivind Amundsen, CEO of Euronext Oslo Børs, and Eirik Høiby Ausland, Head of Listing at Euronext Oslo Børs. (Photo: Thomas Brun | NTB)
About Vantage Drilling
Vantage Drilling International Ltd., a Bermuda exempted company, is an offshore drilling contractor, with a current owned fleet of two ultra-deepwater drillships and two premium jackup drilling rigs. Vantage Drilling’s primary business is to contract drilling units, related equipment and work crews primarily on a day rate basis to drill oil and natural gas wells globally for major, national and independent oil and gas companies. Vantage Drilling also markets, operates and provides management services in respect of drilling units owned by others. For more information about the Company, please refer to the Company’s website, www.vantagedrilling.com
