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Oil & Gas Drilling

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SD Standard Drilling: Companies controlled by board member sell all shares in company

Thursday, 21 May 2015 02:00am EDT

SD Standard Drilling Plc:Solan Capital AS, company indirectly controlled by board member Gunnar Hvammen, has on May 20 sold 2,680,006 shares in S.D. Standard Drilling at 1.35 Norwegian crowns/share.Thabo Energy AS, company indirectly controlled by board member Gunnar Hvammen, has on May 20 sold 4,745,000 shares in S.D. Standard Drilling at 1.35 crowns/share.After this transaction companies directly and/or indirectly controlled by board member Gunnar Hvammen have no shares in S.D. Standard Drilling.

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