Strong Endorsement of Vallourec’s Employee Share Offering
16 Mai 2025 - 7:30AM
Press release
STRONG ENDORSEMENT OF
VALLOUREC’S EMPLOYEE SHARE OFFERING
Meudon (France), May 16, 2025 –
Vallourec, a world leader in premium seamless tubular solutions, is
pleased with the success of its employee share offering “Vallourec
Invest 2025”. This year, the program was extended to employees in
Saudi Arabia, the United Arab Emirates, Indonesia, and Singapore,
in addition to those already eligible in France, the United States,
and Brazil.
With 5,142 participants –
nearly one eligible employee out of two – this edition confirms the
appeal of the program, which includes a 20% discount and a matching
contribution.
This offer, which falls within the scope of the
delegations of authority delegated by the Shareholders’ General
Meeting on May 23, 2024, reflects Vallourec's commitment to
involving the Group’s employees in value creation.
Philippe Guillemot, Chairman of the
Board of Directors and Chief Executive Officer, declared:
“The success of Vallourec Invest 2025 demonstrates our teams’
confidence in Vallourec’s roadmap and highlights their commitment
to collectively building the Group’s future. I warmly welcome their
endorsement and thank them for their trust.”
It resulted in the creation of 218,601 new
shares (representing 0.09% of Vallourec's capital)
and brings the total number of shares composing the capital to
238 358 136 as of April 10th, 2025.
About Vallourec
Vallourec is a world
leader in premium seamless tubular solutions for the energy markets
and for demanding industrial applications such as oil & gas
wells in harsh environments, new generation power plants,
challenging architectural projects, and high-performance mechanical
equipment. Vallourec’s pioneering spirit and cutting edge R&D
open new technological frontiers. With close to 13,000 dedicated
and passionate employees in more than 20 countries, Vallourec works
hand-in-hand with its customers to offer more than just tubes:
Vallourec delivers innovative, safe, competitive and smart tubular
solutions, to make every project possible.
Listed on Euronext in
Paris (ISIN code: FR0013506730, Ticker VK), Vallourec is part of
the CAC Mid 60, SBF 120 and Next 150 indices and is eligible for
Deferred Settlement Service.
In the United States,
Vallourec has established a sponsored Level 1 American Depositary
Receipt (ADR) program (ISIN code: US92023R4074, Ticker: VLOWY).
Parity between ADR and a Vallourec ordinary share has been set at
5:1.
For further information, please
contact:
Investor relations:Connor LynaghTel: +1 (713)
409-7842connor.lynagh@vallourec.com
Individual shareholders:Toll Free number (From
France): 0 805 65 10 10actionnaires@vallourec.com
Press relations: TaddeoRomain GrièreTel: +33
(0)7 86 53 17 29romain.griere@taddeo.fr
Nicolas EscoulanTel: +33 (0)6 42 19 14
74nicolas.escoulan@taddeo.fr
- Vallourec_Press Release_Employee Share Offering
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