Copenhagen, April 4, 2019 – Nasdaq (Nasdaq: NDAQ) announces today that trading in the shares of The Drilling Company of 1972 A/S (Maersk Drilling) commences on Nasdaq Copenhagen. The Maersk Drilling share belongs in the Nasdaq Copenhagen Large Cap segment and is placed in the ICB sector 0001 – Oil & Gas. Maersk Drilling will trade under short name DRLCO and is the first company to be admitted to trading on Nasdaq Copenhagen’s markets* in 2019, and the 13th to be admitted to trading on Nasdaq Nordic’s markets** in 2019.
Maersk Drilling owns and operates a fleet of 23 offshore rigs specializing in harsh environment and deepwater drilling operations. With more than 45 years of experience operating in the most challenging environments Maersk Drilling provides safe, efficient, and reliable drilling services to oil and gas companies around the world. Headquartered in Lyngby, Denmark, Maersk Drilling employs 2,850 people.
CEO of Maersk Drilling Jørn Madsen said: ”We command a modern and high tech fleet with focus on the most attractive market segments within off-shore drilling. With a strong operational and financial base Maersk Drilling is very well positioned to take part in the improvement of the market, which we are already witnessing the first signs of. Going public is a milestone for the company, for the employees and for our current shareholders. We are proud to be able to offer investors for the first time in Danish history the opportunity to invest in what you can call a ´pure drilling share´.”
Adam Kostyál, Senior Vice President Global Listing Services EMEA, said: “We are proud to welcome Maersk Drilling to the Nasdaq Copenhagen exchange. Maersk Drilling will provide investors all over the world with a new opportunity to invest and diversify in offshore drilling activities on a regulated and transparent Nasdaq market. We look forward to supporting Maersk Drilling as they continue their journey and in their interaction with local and global investors here at Nasdaq.”
*Main market and Nasdaq First North
**Main market and Nasdaq First North at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm
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