Vantage Drilling lists on Euronext Growth Oslo

Back

  • Market capitalisation of approximately NOK 3.8 billion
  • The ninth listing of the year on Euronext Oslo Børs’ markets
  • 38th listing on Euronext in 2024 and the ninth international listing

Oslo – 28 October 2024 – Euronext Oslo Børs congratulates Vantage Drilling (ticker: VDI) on its listing on Euronext Growth Oslo. This marks the ninth listing in Oslo this year. It is also the 38th listing across Euronext and the ninth international listing in 2024. 

Vantage Drilling is a global offshore drilling contractor that operates a fleet of modern, high-specification drilling rigs. Established in 2007, Vantage's primary business is to contract drilling units, related equipment and work crews, primarily on a day-rate basis, to drill oil and natural gas wells globally for major, national and independent oil and gas companies. The company has offices in the United Arab Emirates and Singapore. 

The shares were initially priced at NOK 287 per share, achieving a market capitalisation of NOK 3.8 billion on the first day of trading.

Ihab Toma, CEO of Vantage Drilling, said: "This milestone represents a major accomplishment in our company’s journey and reflects the hard work and dedication of our entire team. Listing on Euronext Growth Oslo strategically positions us to tap into new growth opportunities, boost our visibility, and deliver greater value to our shareholders.”

Ihab Toma, CEO of Vantage Drilling, rang the bell when visiting Euronext Oslo Børs last week. The company was welcomed by Øivind Amundsen, CEO of Euronext Oslo Børs, and Eirik Høiby Ausland, Head of Listing at Euronext Oslo Børs.

Caption: Ihab Toma, CEO of Vantage Drilling, rang the bell when visiting Euronext Oslo Børs last week. The company was welcomed by Øivind Amundsen, CEO of Euronext Oslo Børs, and Eirik Høiby Ausland, Head of Listing at Euronext Oslo Børs. (Photo: Thomas Brun | NTB)

 

About Vantage Drilling

Vantage Drilling International Ltd., a Bermuda exempted company, is an offshore drilling contractor, with a current owned fleet of two ultra-deepwater drillships and two premium jackup drilling rigs. Vantage Drilling’s primary business is to contract drilling units, related equipment and work crews primarily on a day rate basis to drill oil and natural gas wells globally for major, national and independent oil and gas companies. Vantage Drilling also markets, operates and provides management services in respect of drilling units owned by others. For more information about the Company, please refer to the Company’s website, www.vantagedrilling.com

CONTACTS  

MEDIA – mediateam@euronext.com 
Europe    Aurélie Cohen  +33 1 70 48 24 45  mediateam@euronext.com  
Andrea Monzani  +39 02 72 42 62 13 
Amsterdam  Marianne Aalders  +31 20 721 41 33  amsterdampressoffice@euronext.com 
Brussels  Marianne Aalders  +32 26 20 15 01  brusselspressoffice@euronext.com 
Dublin  Andrea Monzani +39 02 72 42 62 13 

dublinpressoffice@euronext.com

 

Lisbon  Sandra Machado 

+351 91 777 68 97

portugalpressoffice@euronext.com

 

Milan, Rome  Ester Russom  +39 02 72 42 67 56  italypressoffice@euronext.com 
Oslo  Cathrine Lorvik Segerlund +47 41 69 59 10  clsegerlund@euronext.com 
Paris, Corporate  Flavio Bornancin-Tomasella +33 1 70 48 24 45  parispressoffice@euronext.com 
Corporate Services  Coralie Patri  +33 7 88 34 27 44  parispressoffice@euronext.com 
       
ANALYSTS & INVESTORS – ir@euronext.com 
Investor Relations Aurélie Cohen  +33 1 70 48 24 17  ir@euronext.com 
  Judith Stein  +33 6 15 23 91 97  ir@euronext.com  

Press Release Footer

About Euronext 
Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With nearly 1,900 listed issuers and around €6.3 trillion in market capitalisation as of end September 2024, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.  
For the latest news, follow us on Twitter (twitter.com/euronext) and LinkedIn (linkedin.com/euronext).

Disclaimer
This press release is for information purposes only and is not a recommendation to engage in investment activities. This press release is provided “as is” without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, Euronext does not guarantee its accuracy or completeness. Euronext will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. All proprietary rights and interest in or connected with this publication shall vest in Euronext.

This press release speaks only as of this date. Euronext refers to Euronext N.V. and its affiliates. Information regarding trademarks and intellectual property rights of Euronext is located at www.euronext.com/terms-use.

© 2024, Euronext N.V. - All rights reserved.