Borr Drilling: Drew Holdings reports 22,622,941 shares, 7.9% stake

Drew Holdings Ltd. filed an amended Schedule 13G reporting its beneficial ownership in Borr Drilling Limited (BORR) as of 09/30/2025.

Accepted by SEC EDGAR 10/22/2025 - 11:25 AM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Drew Holdings Ltd. filed an amended Schedule 13G reporting its beneficial ownership in Borr Drilling Limited (BORR) as of 09/30/2025.

The filing states ownership of 22,622,941 common shares, representing 7.9% of the class. Drew Holdings reports sole voting power and sole dispositive power over 22,622,941 shares, with no shared voting or dispositive power.

The shares held by Drew Holdings Ltd. may be deemed beneficially owned by Mr. Tor Olav Troim, as Drew Holdings is wholly owned by Drew Trust, a non-discretionary Bermuda trust in which Mr. Troim is the beneficiary.

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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

Borr Drilling Limited

(Name of Issuer)

Common shares

(Title of Class of Securities)

G1466R173

(CUSIP Number)

09/30/2025

(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)

SCHEDULE 13G

CUSIP No. G1466R173

1

Names of Reporting Persons

Drew Holdings Ltd.

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

BERMUDA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 22,622,941.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 22,622,941.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

22,622,941.00

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)

7.9 %

12

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Borr Drilling Limited
(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: Drew Holdings Ltd.
(b)	Address or principal business office or, if none, residence: Drew Holdings Ltd. 19 Par-la-Ville Road, 1st Floor Hamilton HM 11 Bermuda
(c)	Citizenship: Drew Holdings Ltd. is incorporated under the laws of Bermuda
(d)	Title of class of securities: Common shares
(e)	CUSIP No.: G1466R173
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:
(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 associations 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). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 22,622,941 The 22,622,941 common shares of Borr Drilling owned by Drew Holdings Ltd may be deemed to be beneficially owned by Mr. Tor Olav Troim, as Drew Holdings Ltd. is wholly owned by Drew Trust, a non-discretionary trust established in Bermuda in which Mr. Troim is the beneficiary.
(b)	Percent of class: 7.9 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 22,622,941
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 22,622,941
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 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 or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.	Certifications:
	Not Applicable

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Drew Holdings Ltd.

Signature:	/s/ Erling Lind
Name/Title:	Director
Date:	10/14/2025