0001104659-21-061298.txt : 20210504
0001104659-21-061298.hdr.sgml : 20210504
20210504214915
ACCESSION NUMBER: 0001104659-21-061298
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210430
FILED AS OF DATE: 20210504
DATE AS OF CHANGE: 20210504
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: McGuinty Michael
CENTRAL INDEX KEY: 0001666008
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08097
FILM NUMBER: 21890948
MAIL ADDRESS:
STREET 1: 6 CHESTERFIELD GARDENS
CITY: LONDON
STATE: X0
ZIP: W1J5BQ
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Valaris Ltd
CENTRAL INDEX KEY: 0000314808
STANDARD INDUSTRIAL CLASSIFICATION: DRILLING OIL & GAS WELLS [1381]
IRS NUMBER: 980635229
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: CLARENDON HOUSE
STREET 2: 2 CHURCH STREET
CITY: HAMILTON
STATE: D0
ZIP: HM 11
BUSINESS PHONE: 4402076594660
MAIL ADDRESS:
STREET 1: CLARENDON HOUSE
STREET 2: 2 CHURCH STREET
CITY: HAMILTON
STATE: D0
ZIP: HM 11
FORMER COMPANY:
FORMER CONFORMED NAME: Valaris plc
DATE OF NAME CHANGE: 20190801
FORMER COMPANY:
FORMER CONFORMED NAME: Ensco Rowan plc
DATE OF NAME CHANGE: 20190410
FORMER COMPANY:
FORMER CONFORMED NAME: Ensco plc
DATE OF NAME CHANGE: 20100331
4
1
tm2115180-12_4seq1.xml
OWNERSHIP DOCUMENT
X0306
4
2021-04-30
0
0000314808
Valaris Ltd
VAL
0001666008
McGuinty Michael
C/O CLARENDON HOUSE, 2 CHURCH STREET
HAMILTON
D0
HM 11
BERMUDA
0
1
0
0
SVP-General Counsel/Secretary
Restricted Share Units
2021-04-30
4
J
0
34403
0
D
Class A Ordinary Shares
34403
0
D
On the Effective Date (as defined below), all outstanding restricted share units were cancelled and extinguished in accordance with the Plan (as defined below) approved by the Bankruptcy Court (as defined below).
On August 19, 2020, Valaris plc ("Legacy Valaris") and certain of its wholly owned direct and indirect subsidiaries (collectively, the "Debtors") commenced voluntary cases (the "Chapter 11 Cases") under chapter 11 of title 11 of the United States Code (the "Bankruptcy Code") in the United States Bankruptcy Court for the Southern District of Texas (the "Bankruptcy Court"). On March 3, 2021, the Bankruptcy Court entered an order confirming the Debtors' Fourth Amended Joint Chapter 11 Plan of Reorganization pursuant to Chapter 11 of the Bankruptcy Code (as amended, modified or supplemented from time to time, the "Plan").
In connection with the Chapter 11 Cases and the Plan, on and prior to the Effective Date (as defined below), the Company effectuated certain restructuring transactions, pursuant to which Valaris Limited, a Bermuda exempted company (the "Issuer") was formed and - through a series of transactions - Legacy Valaris transferred to a subsidiary of the Issuer substantially all of the subsidiaries, and other assets, of Legacy Valaris. On April 30, 2021, the Plan became effective in accordance with its terms and the Issuer emerged from chapter 11.
/s/ Davor S. Vukadin by Power of Attorney
2021-05-04