0001341004-20-000050.txt : 20200212 0001341004-20-000050.hdr.sgml : 20200212 20200212085238 ACCESSION NUMBER: 0001341004-20-000050 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20200212 DATE AS OF CHANGE: 20200212 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Borr Drilling Ltd CENTRAL INDEX KEY: 0001715497 STANDARD INDUSTRIAL CLASSIFICATION: DRILLING OIL & GAS WELLS [1381] IRS NUMBER: 000000000 STATE OF INCORPORATION: D0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-91346 FILM NUMBER: 20600250 BUSINESS ADDRESS: STREET 1: THISTLE HOUSE STREET 2: 4 BURNABY STREET CITY: HAMILTON HM 11 STATE: D0 ZIP: 0000 BUSINESS PHONE: 4722483000 MAIL ADDRESS: STREET 1: THISTLE HOUSE STREET 2: 4 BURNABY STREET CITY: HAMILTON HM 11 STATE: D0 ZIP: 0000 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FOLKETRYGDFONDET CENTRAL INDEX KEY: 0001269094 IRS NUMBER: 000000000 STATE OF INCORPORATION: Q8 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: HAAKON VIIS GATE 2 STREET 2: P.O. BOX 1845 VIKA CITY: OSLO NORWAY STATE: Q8 ZIP: 0123 BUSINESS PHONE: 47-23-11-72-00 MAIL ADDRESS: STREET 1: HAAKON VIIS GATE 2 STREET 2: P.O. BOX 1845 VIKA CITY: OSLO NORWAY STATE: Q8 ZIP: 0123 SC 13G 1 sc13g.htm SCHEDULE 13G
CUSIP No. G1466R207
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
 
Under the Securities Exchange Act of 1934
 
 
Borr Drilling Ltd.
(Name of Issuer)
Common Stock, par value $0.05 per share
(Title of Class of Securities)
G1466R207
(CUSIP Number)
December 31, 2019
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this schedule is filed:

☐  Rule 13d-1(b)
☐  Rule 13d-1(c)
☒  Rule 13d-1(d)

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

CUSIP No. G1466R207
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1            NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Folketrygdfondet
2            CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions)
(a) ☐
(b) ☐
3            SEC USE ONLY
4            CITIZENSHIP OR PLACE OF ORGANIZATION
Norway


NUMBER OF SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5            SOLE VOTING POWER
8,538,061 Common Shares
6            SHARED VOTING POWER
0
7            SOLE DISPOSITIVE POWER
8,538,061 Common Shares
8            SHARED DISPOSITIVE POWER
0
9            AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
8,538,061 Common Shares
10          CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(see instructions)  ☐
11          PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
7.6%(1)
12          TYPE OF REPORTING PERSON
OO
(1) Based on 112,278,065 Common Shares outstanding as of September 30, 2019, as reported on Form 6-K submitted by the Issuer to the Securities and Exchange Commission on November 29, 2019.



CUSIP No. G1466R207
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Item 1.


(a)
Name of Issuer:
Borr Drilling Ltd.


 (b)
Address of Issuer’s Principal Executive Offices:
S. E. Pearman Building
2nd Floor 9 Par-la-Ville Road
Hamilton, HM 11, Bermuda

Item 2.


(a)
Name of Person Filing:
Folketrygdfondet


 (b)
Address of Principal Business Office:
Haakon VII's Gate 2
P.O. Box 1845 Vika
0123 Oslo
Norway


 (c)
Citizenship:
Norway


 (d)
Title of Class of Securities:
Common Shares


 (e)
CUSIP Number:
G1466R207

Item 3.
If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

Not applicable.


 (a)
☐ Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b)
☐ Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

(c)
☐ Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

(d)
☐ Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

(e)
☐ An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E).

(f)
☐ An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F).

(g)
☐ A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G).

(h)
☐ A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813).

(i)
☐ A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3).

(j)
☐ A non-U.S. institution in accordance with §240.13d–1(b)(1)(ii)(J);
CUSIP No. G1466R207
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(k)
☐ Group, in accordance with §240.13d–1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with §240.13d–1(b)(1)(ii)(J), please specify the type of institution:__________________________.

Item 4.
Ownership.

Amount beneficially owned:
8,538,061 Common Shares


 (b)
Percent of class:
7.6%


 (c)
Number of shares as to which the person has:


(i)
Sole power to vote or to direct the vote
8,538,061 Common Shares


 (ii)
Shared power to vote or to direct the vote
0


 (iii)
Sole power to dispose or to direct the disposition of
8,538,061 Common Shares


 (iv)
Shared power to dispose or to direct the disposition of
0

Item 5.
Ownership of Five Percent or Less of a Class.

Not applicable.

Item 6.
Ownership of More than Five Percent on Behalf of Another Person.

Not applicable.

Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

Not applicable.

Item 8.
Identification and Classification of Members of the Group.

Not applicable.

Item 9.
Notice of Dissolution of a Group.

Not applicable.

Item 10.
Certification.

Not applicable.

CUSIP No. G1466R207
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After reasonable inquiry and to the best of my knowledge and believe, I certify that the information set forth in this statement is true, complete and correct.

Dated: February 11, 2020
Folketrygdfondet
  
 
By: /s/ Christina Stray
  
 
Name: Christina Stray
  
 
Title: General Counsel