S.D. Standard Drilling plc Reports Earnings Results for the First Quarter Ended March 31, 2021

SD Standard ETC PLC, formerly SD Standard Drilling PLC, is a Cyprus-based investment company. The principal activity of the Company is to operate as an investment entity within the shipping and offshore segments including renewables as well as other types of transport, energy and commodities. The Company invests directly or indirectly into companies, securities, commodities and assets. The objective of the Company is to generate medium to long-term capital growth. The Company owns subsidiaries such as Standard Invest AS provides portfolio management services to the Company, and Wanax AS, which was incorporated for the purpose of holding the underlying investment on behalf of the Company. The Company operates in Cyprus.