FAQ

plus/moins1. Vallourec's profile

plus/moins1.1 What are Vallourec's main activities?

Vallourec is a world leader in premium tubular solutions primarily serving the energy markets, as well as other industrial applications.

plus/moins1.2 What are Vallourec's contact details?

Registered office:
Vallourec
27, Avenue du Général Leclerc
92100 Boulogne-Billancourt (France)
Tel. +33 1 49 09 35 00
Fax +33 1 49 09 38 45
A French limited liability company (Société Anonyme) with Management and Supervisory Boards Registered on the Nanterre Trade and Companies Registry under number 552 142 200.

plus/moins1.3 When is Vallourec's financial year end?

31st December each year.

plus/moins1.4 Who are the members of the Management Board?

The Management Board is composed of two members: Philippe Crouzet, Chairman of the Management Board and Olivier Mallet, Chef Financial Officer.

plus/moins1.5 Who are the members of the Supervisory Board?

The Supervisory Board is chaired by Vivienne Cox. Pierre Pringuet is the Vice Chairman and Senior Independent Member. Members are Maria Pilar Albiac Murillo, Philippe Altuzarra, Cédric de Bailliencourt, Bpifrance Participations represented by Alexandre Ossola, Laurence Brosetta, Pascale Chargrasse, José Carlos Grubisich, Yuki Iriyama, Henri Poupart-Lafarge, and Alexandra Schaapveld.​

plus/moins2. Vallourec shares

plus/moins2.1 On which stock exchange are Vallourec shares listed?

Vallourec shares are listed on Euronext in Paris.

plus/moins2.2 What are the codes for Vallourec shares?

The codes for Vallourec shares are:
- ISIN: FR0000120354
- Reuters: VLLP.PA
- Bloomberg: VK FP

plus/moins2.3 Are Vallourec shares eligible for the Deferred Settlement System?

Yes, they are eligible for the Deferred Settlement System, which enables investors to defer settlement/payment of their transactions until the end of the month.

plus/moins2.4 In which indices are Vallourec shares included?

Vallourec is especially included in the following indices: Euronext 100 and SBF 120.

plus/moins2.5 How can I buy Vallourec shares?

There are two ways in which you can buy Vallourec shares:
- you can buy registered shares through BNP Paribas Securities Services (contact details provided below), or
- you can buy bearer shares from the bank or financial intermediary of your choice.

plus/moins3. General Meetings of shareholders

plus/moins3.1 How to participate and vote at Shareholders’ General Meeting?

All shareholders may:

  • attend and vote at General Meetings
  • vote by Internet via the VOTACCESS platform;
  • vote by post;
  • appoint the Chairman of the Shareholders' Meeting by Internet or post;
  • grant a proxy to any individual or legal entity of your choosing by Internet or post​

plus/moins4. Shareholder policy

plus/moins4.1 Do you have a shareholders' club or consultative committee?

Vallourec does not currently have a club for non-French speaker private individual shareholders, nor does it have a consultative committee. It communicates with its private individual shareholders via:
- the Finance tab on its website, which enables shareholders to look up the share price and financial calendar, download all documents and information published by the Group, order publications, and register for alerts to receive Group information direct
- its news feed : link
- its letter to shareholders
- its investor relations team, which can be contacted by telephone Monday to Friday on +33 (0)1 49 09 39 76
- its General Meetings of shareholders, which are an ideal opportunity for management and shareholders to exchange views (through the presentation of the Group's results and a question and answer session)
- its registered shareholder scheme, under which registered shareholders automatically receive notices of General Meetings of shareholders and the letter to shareholders.

plus/moins4.2 How can I receive Vallourec dividends?

To receive Vallourec dividends, shareholders must own their shares on the record date (of which they will be informed several weeks before the General Meeting).
The dividend will be paid by Vallourec a few days after the General Meeting, on the payment date (of which shareholders will also have been informed several weeks in advance). It is transferred to the shareholder's account by his financial intermediary within a few days.

plus/moins4.3 How is investment income taxed?

Dividends paid to French taxpayers are subject to social contributions which evolve depending on the French financial law. Those taxes are levied by the financial intermediary before the dividends’ payment. For non-French taxpayers, dividends are not subject to social contributions.

plus/moins4.4 Why share price should I report if I am subject to the French wealth tax?

A shareholder may use either the closing share price at year end or the average share price for the last 30 trading days of the year.

plus/moins4.5 What is the difference between holding bearer shares and holding registered shares?

Shareholders may hold Vallourec shares in two different ways: as "registered" shares or as "bearer" shares. Bearer shares are placed in accounts held by your financial intermediary and Vallourec is therefore not informed of the bearer's identity. Registered shares are however registered in Vallourec accounts, thereby creating a direct relationship between you and the Group.

plus/moins4.6 What are the advantages of holding registered shares?

​To find out more, please refer to the section "Registered shares​".

plus/moins4.7 How can I convert my bearer Vallourec shares into registered shares?

If you hold bearer shares and you wish to convert them into registered shares, all you need to do is to give the instructions to your financial intermediary. It will then transfer your holdings to BNP Paribas Securities Services.

Please find here the form you must fill to realize the transfer; when completed, communicate it to your financial intermediary for transmission to BNP Paribas Securities Services.

For more information, please contact BNP Paribas Securities Services:

BNP Paribas Securities Services

Corporate Trust Services

Grands Moulins de Pantin        

9, rue du débarcadère

93761 Pantin Cedex - France

plus/moins5. Obtaining information

plus/moins5.1 When will Vallourec announce its financial results?

Vallourec publishes full-year, half-year and quarterly results. Announcement dates are available on the events calendar page.

plus/moins5.2 How is Vallourec engaged in conducting its activities in a responsible and sustainable manner?

Vallourec's proactive approach to Corporate Social Responsibility is formalized in the Group's Sustainable Development Charter. As a responsible Group that supports its customers as a long-term partner, Vallourec's policy has three key objectives: to ensure the sustainability of its business with competitive and innovative products; to maintain sustainable relationships with stakeholders; and to protect the environment and use its resources wisely. Vallourec's Sustainable Development Charter can be found here​.

To learn more on Vallourec's Corporate Social Responsibility policy and actions, please go to: Sustainable development.​


​​​

plus/moins5.3 How may I obtain documentation about Vallourec, such as the Registration Document, the Activity report, quarterly results... etc. ?

- in electronic form: the Registration Document, the Activity report,  presentations on quarterly results and investor presentations may be downloaded in PDF form from the Investor Pack​​ tab.

- in paper form: the Registration Document, the Activity report and Vallourec at a glance may be ordered online from the Media/Order our publications tab​.

- to receive Vallourec's latest news by e-mail, you may subscribe to our news feed: Link.

plus/moins5.4 How can I make sure I am fully informed about forthcoming events and anything else concerning Vallourec?

Details of forthcoming events concerning Vallourec are available on the Financial agenda.

You may subscribe to our news feed to follow Vallourec's latest news and receive our press releases​: Link.