On 31/12/2017, the amount of Vallourec share capital stands at €915,975,520 divided into 457,987,760 shares with a nominal value of €2.00 each.
% of share capital
Theoretical % of voting rights
* The theoretical, (or gross), number of voting rights is used as the basis for calculating the crossing of thresholds; it includes voting rights stripped from shares that do not have the right to vote (own shares held, liquidity contract, etc.). See the AMF memorandum dated 17 July 2007 and Article L. 233-7 of the Code de Commerce.
Crossing of statutory thresholds
(Excerpt from By-laws, article 8, following the Extraordinary General Meeting of
1 June 2006)
In addition to the declarations of crossing thresholds expressly provided by Articles L. 233-7-I and II of the French Code de Commerce, any shareholder (individual or corporate body) that acquires, directly or indirectly by means of companies controlled by the shareholder within the meaning of Article L. 233-3 of the French Code de Commerce, acting singly or jointly, a number of the Company’s bearer shares equal to or greater than three (3), four (4), six (6), seven (7), eight (8), nine (9) and twelve and half (12.5) per cent of the total number of shares making up the share capital must, within five (5) trading days of crossing said threshold, inform the Company of the total number of shares it holds, by letter sent by recorded delivery with advice of receipt to the Company’s registered office.
Double voting rights
(Excerpt from By-laws, article 12-4. Original by-laws)
To follow Vallourec's financial news, subscribe to our news feed.
2018 Registration Document
Find all the information regarding the capital increase that took place in Q2 2016.