Valaris Ltd — Director's Dealing 2020

Mar 9, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Valaris plc (VAL)
CIK: 0000314808
Period of Report: 2020-03-05

Reporting Person: Trowell Carl (Director, Executive Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-05	Class A Ordinary Shares	F	20968	$2.96	Disposed	235570	Direct
2020-03-06	Class A Ordinary Shares	F	10168	$2.32	Disposed	225402	Direct

Footnotes

F1: These shares were withheld upon vesting to enable the reporting person to satisfy tax withholding obligations that arose upon such vesting, which will be paid by the issuer to the appropriate taxing authority in cash.

F2: On April 11, 2019, the Company effected a 1-for-4 reverse stock split. All share counts on this Form 4 are represented on a post-split basis.