0000314808false00003148082024-10-152024-10-150000314808us-gaap:CommonClassAMember2024-10-152024-10-150000314808us-gaap:WarrantMember2024-10-152024-10-15

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K
  
CURRENT REPORT
 
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
 
DATE OF REPORT (Date of earliest event reported): October 15, 2024
 
Valaris Limited
(Exact name of registrant as specified in its charter) 

Bermuda001-0809798-1589854
(State or other jurisdiction of incorporation)
(Commission File Number)
(I.R.S. Employer Identification No.)
 
Clarendon House, 2 Church Street
Hamilton, Bermuda HM 11
(Address of Principal Executive Offices and Zip Code)
 
Registrant’s telephone number, including area code: 44 (0) 20 7659 4660

Not Applicable
(Former name or former address, if changed since last report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTicker Symbol(s)Name of each exchange on which registered
Common Shares, $0.01 par value shareVALNew York Stock Exchange
Warrants to purchase Common SharesVAL WSNew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined by Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2).
Emerging Growth Company☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
☐



Item 5.02 - Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.

On October 15, 2024, James W. Swent III resigned from the Board of Directors of Valaris Limited. Following Mr. Swent’s resignation, the Board now comprises six directors and Catherine Hughes has been appointed to the Nominating and Governance Committee to serve as its chair.
2


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Valaris Limited
Date: October 17, 2024/s/ Davor Vukadin
Davor Vukadin
Senior Vice President and General Counsel








3
v3.24.3
Document and Entity Information Document
Oct. 15, 2024
Entity Information [Line Items]  
Entity Central Index Key 0000314808
Document Type 8-K
Document Period End Date Oct. 15, 2024
Entity Registrant Name Valaris Limited
Entity Incorporation, State or Country Code D0
Entity File Number 001-08097
Entity Tax Identification Number 98-1589854
Entity Address, Address Line One Clarendon House, 2 Church Street
Entity Address, City or Town Hamilton
Entity Address, State or Province BM
Entity Address, Postal Zip Code HM 11
City Area Code 44 (0)
Local Phone Number 20 7659 4660
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity Emerging Growth Company false
Amendment Flag false
Common Class A  
Entity Information [Line Items]  
Title of 12(b) Security Common Shares, $0.01 par value share
Trading Symbol VAL
Security Exchange Name NYSE
Warrant  
Entity Information [Line Items]  
Title of 12(b) Security Warrants to purchase Common Shares
Trading Symbol VAL WS
Security Exchange Name NYSE
Valaris (NYSE:VAL)
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