SUGAR LAND, Texas, Nov. 6, 2020 /PRNewswire/ — Noble Corporation plc (OTC-PINK: NEBLQ, the Enterprise) announced right now that it has modified its name to Noble Holding Corporation plc to make it possible for the supreme mother or father corporation that emerges from the Chapter 11 reorganization to use the identify “Noble Corporation plc.” The short-term title improve relating to the top parent entity will not affect present shareholders, and no action by shareholders is necessary. The Company’s investing image did not change.
Robert W. Eifler, President and Main Executive Officer of the Company, stated, “As we get ready to emerge from bankruptcy, we are committed to continuing to function as regular and without having interruption. This title improve will allow us to carry on applying the Noble Corporation plc name heading ahead, which is integral to sustaining our manufacturer recognition, business name, and stakeholder relationships. We continue being dedicated to the market-primary operational excellence that defines Noble, and we glimpse forward to rising as a more robust company.”
About Noble Keeping Corporation plc
Noble is a main offshore drilling contractor for the oil and gas business. The Business owns and operates one particular of the most present day, functional and technically innovative fleets in the offshore drilling marketplace. Noble performs, via its subsidiaries, deal drilling providers with a fleet of 19 offshore drilling models, consisting of 7 drillships and semisubmersibles and 12 jackups, concentrated largely on ultra-deepwater and substantial-specification jackup drilling prospects in each set up and rising regions worldwide. Noble is a public restricted enterprise registered in England and Wales with organization quantity 08354954 and registered place of work at 3rd Floor, 1 Ashley Street, Altrincham, Cheshire, WA14 2DT. Extra info on Noble is obtainable at www.noblecorp.com.
Ahead-hunting Disclosure Statement
Statements regarding the Firm name change and Chapter 11 proceedings, including timing of emergence, stock trade listing and similar timing, as effectively as any other statements that are not historic facts in this launch, are forward-searching statements that entail selected threats, uncertainties and assumptions. These include but are not minimal to regulatory and lawful approvals, consents and evaluations, steps or claims by regulatory authorities, customers and other 3rd get-togethers, operating dangers and delays, dangers involved with operations outdoors of the U.S., legislation and laws impacting drilling functions, compliance with regulatory prerequisites, elements influencing the stage of exercise in the oil and fuel marketplace, offer and demand of drilling rigs, factors influencing the length of contracts, the actual amount of downtime, violations of anti-corruption legal guidelines, hurricanes and other temperature disorders, general public well being threats which include the COVID-19 (Coronavirus Condition 2019) pandemic, current market ailments, the future value of oil and gas and other things specific in the Firm’s most current Sort 10-K, Sort 10-Q’s and other filings with the Securities and Trade Commission. Really should 1 or much more of these challenges or uncertainties materialize, or really should underlying assumptions verify incorrect, genuine outcomes may possibly range materially from those people indicated.
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