Valaris plc Loss Form

Company: Valaris plc

Ticker: (NYSE) VAL

Deadline

Passed

Lead Plaintiff Deadline: October 21, 2019

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Allegations

(i) the Company was plagued by a weak ultra-deepwater segment, massive cash usage, and significant negative cash flow; (ii) the foregoing was reasonably likely to have a material negative impact on the Company’s second quarter 2019 results; (iii) the merger leading to Valaris’s establishment could not deliver on its touted benefits; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.