4 Apr 2023director interest notice● Neutral
Jennie Howard became a Noble Corp SVP, Gen. Counsel & Corp. Sec. and company insider (initial ownership filing).
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
14 Feb 2023substantial holder notice● Neutral
Joshua S. Friedman, Mitchell R. Julis reported a Noble Corp shareholding of 6,617,230 shares (4.74% of votes) in a periodic institutional filing.
13 Feb 2023substantial holder notice● Neutral
King Street Capital Management, L.P, King Street Capital Management GP, L.L.C, Brian J. Higgins reported no remaining Noble Corp shareholding in its periodic institutional filing.
11 Oct 2022listing compliance notice▼ BadMajor
Noble Corp deregistered its securities, ending its obligation to file reports with the SEC.
3 Oct 2022securities registration● Neutral
Noble Corp amended an already-effective registration statement.
30 Sept 2022director interest notice● Neutral
Noble Corp 10%+ owner Pacific Investment Management CO LLC sold 80,414 shares at $28.33.
30 Sept 2022business combination▲ GoodMajor
On Sep 30, 2022 the Maersk merger step took effect: Noble Corporation (Cayman) merged into a subsidiary of the new UK parent, Noble Corporation plc. Each Noble share became one class A share of the new parent, warrants and RSUs converted on the same terms, and the new shares began trading on the NYSE as 'NE' using the old trading history. The tender offer for Maersk Drilling had been accepted by about 90.03% of its shares, and the exchange offer is set to complete Oct 3, 2022, with remaining Maersk shares to be bought out by compulsory purchase. All the old Cayman company's directors and officers ceased to hold those roles, and the old company says it will deregister its shares; for shareholders, their holding carried over one-for-one into the new parent.
30 Sept 2022listing compliance notice● NeutralMajor
Noble Corp's exchange filed to remove a class of its securities from listing.
28 Sept 2022director interest notice● Neutral
Noble Corp 10%+ owner Pacific Investment Management CO LLC sold 141,148 shares.
26 Sept 2022director interest notice● Neutral
Noble Corp 10%+ owner Pacific Investment Management CO LLC sold 114,859 shares.
22 Sept 2022director interest notice● Neutral
Noble Corp 10%+ owner Pacific Investment Management CO LLC sold 163,579 shares.
20 Sept 2022director interest notice● Neutral
Noble Corp 10%+ owner Pacific Investment Management CO LLC sold 300,000 shares.
14 Sept 2022director interest notice● Neutral
Noble Corp 10%+ owner Pacific Investment Management CO LLC sold 119,826 shares at $33.55.
13 Sept 2022director interest notice● Neutral
Noble Corp 10%+ owner Pacific Investment Management CO LLC sold 249,298 shares.
8 Sept 2022director interest notice● Neutral
Noble Corp 10%+ owner Pacific Investment Management CO LLC sold 130,876 shares.
2 Sept 2022director interest notice● Neutral
Noble Corp 10%+ owner Pacific Investment Management CO LLC sold 200,000 shares.
1 Sept 2022business combination▲ GoodMajor
On Sep 1, 2022 the UK CMA decided not to send the Maersk Drilling combination to an in-depth Phase 2 review and completed its review; closing is now expected on or around Oct 3, 2022. As a condition, Noble and Maersk Drilling gave the CMA an undertaking: Noble must sell the five-rig business to Shelf Drilling within three months, keep it separate and operating as a going concern until then, and the combined group may not re-acquire it for 10 years without CMA consent. This resolves the main regulatory hurdle noted earlier.
31 Aug 2022director interest notice● Neutral
Noble Corp 10%+ owner Pacific Investment Management CO LLC sold 51,406 shares.
31 Aug 2022business combination● Neutral
On Aug 25, 2022 Noble and Shelf Drilling amended the agreement for the sale of five North Sea jackups, at the UK competition regulator's request. All closing conditions except UK CMA approval of the rig sale and closing of the Maersk Drilling combination were deleted, as were certain termination rights. This continues the remedy for the CMA's competition concerns tied to the Maersk deal.
29 Aug 2022director interest notice● Neutral
Noble Corp 10%+ owner Pacific Investment Management CO LLC sold 110,020 shares.
25 Aug 2022director interest notice● Neutral
Noble Corp 10%+ owner Pacific Investment Management CO LLC sold 201,149 shares.
18 Aug 2022director interest notice● Neutral
Noble Corp 10%+ owner Pacific Investment Management CO LLC sold 200,000 shares.
12 Aug 2022director interest notice● Neutral
Noble Corp 10%+ owner Pacific Investment Management CO LLC sold 200,000 shares.
9 Aug 2022director interest notice● Neutral
Noble Corp 10%+ owner Pacific Investment Management CO LLC sold 59,663 shares at $30.11.
9 Aug 2022quarterly activities report● Neutral
Noble Corp reported quarterly revenue of $275.2 million and net income of $37.1 million for the period ended 2022-06-30.
9 Aug 2022business combination● Neutral
Noble filed excerpts from the exchange offer document for Maersk Drilling shareholders: Topco's capitalization and debt as of May 31, 2022, plus unaudited pro forma financials for the combined company. As of May 31, 2022, the pro forma combined total financial indebtedness is about $418.9 million, with about $584.7 million of cash. Noble's own secured debt was $216 million, all Second Lien Notes. The filing also says Topco has filed its offer document with the Danish regulator, so the exchange offer process is moving forward.
8 Aug 2022quarterly activities report● Neutral
Noble Corp reported quarterly revenue of $275.2 million and net income of $37.1 million for the period ended 2022-06-30.
5 Aug 2022director interest notice● Neutral
Noble Corp 10%+ owner Pacific Investment Management CO LLC sold 167,503 shares.
5 Aug 2022business combination● Neutral
Noble and Maersk Drilling amended their combination agreement on Aug 5, 2022, moving the deal's outside date from Aug 10 to Nov 10, 2022. They also changed the reference date for calculating cash paid for fractional shares to two days before closing. Closing is now expected in early October, subject to UK CMA approval, completion of the exchange offer and other customary conditions. This uses up the first extension that the original agreement allowed for.
3 Aug 2022director interest notice● Neutral
Noble Corp 10%+ owner Pacific Investment Management CO LLC sold 206,794 shares.