Archer Limited: Grant of Restricted Stock Units to Chairman of the Board

Hamilton, Bermuda (December 11, 2018) Archer Limited (“Archer” or the “Company”) announces that on Tuesday December 11 2018, the Board of Directors have granted 156,400 restricted stock units (RSUs) to the Chairman of the Board Kjell-Erik Østdahl as part of his remuneration structure. The RSUs entitle the recipient to receive one common share for each […]

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Archer Limited : Mandatory Notification of Trade

Adam Todd, General Counsel of Archer Limited (ARCHER) has on 27 November 2018 bought 17,000 shares in ARCHER at an average price of NOK 5.83. Following the transaction Adam Todd holds 23,250 shares and 74,750 RSUs in Archer Limited. This information is subject of the disclosure requirements pursuant to section 5 -12 of the Norwegian […]

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Archer Limited : Mandatory Notification of Trade

Dag Skindlo, CFO and Director of Archer Limited (ARCHER) has on 23 November 2018 bought 36,000 shares in ARCHER at an average price of NOK 5.78. Following the transaction Dag Skindlo holds 160,000 shares, 600,000 options and 130,000 RSUs in Archer Limited This information is subject of the disclosure requirements pursuant to section 5-12 of […]

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Archer Limited: Corr * – Third Quarter 2018 EPS of USD 0.05 and USD 0.03 YTD 2018

Hamilton, Bermuda (November 2, 2018) In the Third Quarter Financial report issued this morning the table showing earnings per share on page 2 of the financial report was misrepresented. The earnings per share should be USD 0.05 for the three months ended September 30, 2018 and USD 0.03 for the nine months ended September 30, […]

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Archer Limited: Third quarter 2018 – Best quarterly operating result in 3 years

Hamilton, Bermuda (November 2, 2018) Third Quarter 2018 earnings release highlights  Best quarterly operating result in 3 years.   Revenue of $213.7 million.   EBITDA before exceptional items of $25.7 million, an increase of 45% from same quarter last year.   EBITDA of $22.4 million, an increase of 75% from same quarter last year.    EBIT of $8.6 […]

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Archer Limited: Announcement of third quarter 2018 earnings release date and conference call information

Hamilton, Bermuda (October 19, 2018) Archer Limited’s third quarter 2018 earnings are scheduled to be released on November 2, 2018 before the start of trading on Oslo Stock Exchange. In connection with the earnings release, a conference call will be held at 8:00am London time, 9:00am Oslo time on November 2, 2018. To listen to […]

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Archer Limited: Archer announces multi-year contract extension with major client in the UK

Hamilton, Bermuda (17 October, 2018) Archer Limited (“Archer” or the “Company”) announces that it has secured a contract extension with a major operator for two more years.  The contract extension is scheduled to commence 1st November 2018 and ensures continuity of platform drilling operations and maintenance management services on seven platforms located in the UK […]

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Archer Limited: Grant of Restricted Stock Units

Hamilton, Bermuda (October 1, 2018) Archer Limited (“Archer” or the “Company”) announces that the Board of Directors has granted restricted stock units (RSUs) to members of its management team. On Monday October 1, 2018 a total number of 1,927,500 RSUs were granted. The RSUs entitle the recipient to receive one common share for each RSU […]

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Changes to the Board composition

Hamilton, Bermuda (September 24, 2018)Archer Limited (the “Company”) announces that the board of Archer has elected Kjell-Erik Østdahl as Chairman of the Board and James O’Shaughnessy as a new board member in the Company to fill a vacancy on the Board. Kjell-Erik Østdahl has had a tenure of 21 years at Schlumberger in a number […]

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