Overview of Vallourec's Voting Rights Information
VALLOUREC
French limited liability company (société anonyme) with a Board of Directors
with share capital of € 4,761,692.46
Registered office: 12, rue de la Verrerie – 92190 Meudon, France
Registered on the Nanterre Trade and Companies Register under n° 552 142 200
Monthly Information on Voting Rights
This month, we provide an update regarding the total number of voting rights associated with Vallourec shares. This information is essential for shareholders, investors, and stakeholders tracking the company's governance structures.
Understanding Voting Rights and Shares
According to Article L. 233-8-II of the French Code de commerce and Article 223-16 of the General Regulations of the Autorité des Marchés Financiers (AMF), a detailed examination of voting rights is essential. The theoretical total number of voting rights comprises all shares with voting rights, including treasury shares that may have their voting rights temporarily suspended.
Current Figures on Outstanding Shares
The table below outlines the total number of outstanding shares alongside the theoretical and net total number of voting rights for the most recent months:
| Date | Total Number of Outstanding Shares | Theoretical Total Number of Voting Rights | Net Total Number of Voting Rights |
|---|---|---|---|
| 31 January 2025 | 238,084,623 | 233,966,259 | 233,966,259 |
| 31 December 2024 | 238,084,623 | 233,917,225 | 233,917,225 |
| 30 November 2024 | 238,052,129 | 231,123,100 | 231,123,100 |
| 31 October 2024 | 238,052,129 | 231,051,893 | 231,051,893 |
| 30 September 2024 | 237,784,309 | 230,304,541 | 230,304,541 |
| 31 August 2024 | 237,784,309 | 230,244,702 | 230,244,702 |
| 31 July 2024 | 237,784,309 | 229,947,719 | 229,947,719 |
| 30 June 2024 | 237,271,828 | 229,877,070 | 229,769,402 |
| 31 May 2024 | 237,271,828 | 229,877,070 | 229,769,402 |
| 30 April 2024 | 237,271,828 | 229,877,070 | 229,769,402 |
Key Definitions
(1) Theoretical voting rights include all shares with voting rights, which may comprise temporarily disabled shares from voting.
(2) The net number of voting rights calculates rights exercised at shareholder meetings, excluding shares without voting power.
Importance of Voting Rights
Having clear insights into the voting rights associated with your shares is crucial for shareholders. These statistics assist in effective decision-making during AGMs and other corporate voting events.
Additional Information on Vallourec
Vallourec's by-laws mandate that shareholders declare their crossing thresholds, enhancing transparency. This provision aims to foster a more participatory and accountable atmosphere between shareholders and the board, which can significantly influence company strategies and governance.
This information can be accessed on Vallourec's official platform under the “Regulated Information” section, ensuring all stakeholders have the latest updates.
Frequently Asked Questions
What is the significance of voting rights in Vallourec?
Voting rights allow shareholders to participate in decisions that impact the company’s direction and policies, showcasing their influence on management decisions.
How often is the voting rights information updated?
Vallourec updates its voting rights information monthly to provide transparency and keep shareholders informed about their stakes.
Where can I find further regulated information about Vallourec?
Further regulated information can be found on Vallourec’s official website in the ‘Regulated Information’ section.
What do theoretical and net voting rights represent?
Theoretical rights encompass all shares capable of voting, while net rights exclude shares without voting capabilities, focusing solely on those exercisable during meetings.
Why does Vallourec require communication of crossing thresholds?
This requirement ensures accountability among shareholders and fosters greater communication regarding ownership changes that may affect corporate governance.
