Perestroika (Cyprus) Ltd is a Cyprus-based investment holding company, registered on July 4, 2017, with its registered office at Flat/Office 202, Zakynthou 2, 6012 Larnaca, Cyprus.( It operates as a wholly-owned subsidiary of Perestroika AS and maintains a significant stake in Transocean Ltd. (NYSE: RIG), an offshore drilling contractor, where it is classified as a director and 10% owner with ownership of approximately 91-96 million shares valued at over $232-410 million as of late 2024 to early 2025.(

The company has actively increased its holdings in Transocean through multiple purchases, including 2 million shares for $12.02 million on May 15, 2024, and 1.5 million shares for around $6 million on September 12, 2024, signaling confidence in the firm's prospects.( Although Perestroika AS's right to appoint a Transocean board member has ended, the entity's substantial ownership continues to exert notable influence.( Transactions are often executed by Daniel Ro-Trock under power of attorney, with the company's mailing address listed as Steinhausen, V8 6312.(

Written by Perplexity from public sources.

Filings come from SEC EDGAR. Not investment advice.