(Limassol, 3 June 2021) S.D. Standard Drilling Plc (Standard Drilling, OSE:SDSD)
today announces the appointment of Espen Landmark Fjermestad as Head of
investments. Fjermestad comes from the position as Head of research at Fearnley
Securities and will strengthen the group's capabilities within shipping,
offshore and renewables.
"We´re pleased to announce the appointment of Espen Landmark Fjermestad as Head
of investments. Espen brings a strong track-record within the shipping, offshore
and renewable industries and will add valuable capacity and competence to our
team. By appointing Espen as Head of investments we will aim to be more active
in looking at investment opportunities across these industries " says Martin
Nes, Chairman of the Board of Standard Drilling.
Espen Landmark Fjermestad is appointed Head of investments at Standard Drilling
and comes from the position as Head of research at Fearnley Securities.
Fjermestrand has previously held positions at Storebrand Kapitalforvaltning and
holds a Master of science from Copenhagen Business School. He will take up his
new position latest by 1. September 2021.
Fjermestad is granted 10 million options with a strike of NOK 1.25 after 18
months, in addition to 10 million options with a strike of NOK 1.40 after 30
months. The grant of the options is subject to General Assembly approval.