VALLOUREC
French limited liability company (société anonyme) with a Management Board and a Supervisory Board
with share capital of €915 975 520
Registered office: 27, avenue du Général Leclerc, 92100 Boulogne-Billancourt, France
Registered on the Nanterre Trade and Companies Register under no. 552 142 200
Boulogne-Billancourt, 09 January 2018
Monthly information relating to the total number of voting rights
and shares comprising the share capital
Article 223-16 of the General Regulations of the Autorité des Marchés Financiers (AMF)
| Date | Total number of outstanding shares | Theoretical total number of voting rights* | Net total number of voting rights |
| 31 December 2017 | 457 987 760 | 469 610 378 | 469 437 771 |
| 30 November 2017 | 451 238 005 | 462 770 922 | 460 117 315 |
| 31 October 2017 | 451 238 005 | 462 753 994 | 460 100 387 |
| 30 September 2017 | 451 238 005 | 462 755 415 | 460 101 798 |
| 31 August 2017 | 451 238 005 | 462 747 646 | 460 093 116 |
| 31 July 2017 | 451 238 005 | 462 748 766 | 460 084 168 |
| 30 June 2017 | 451 238 005 | 462 821 248 | 460 150 919 |
| 31 May 2017 | 451 238 005 | 462 778 752 | 460 108 343 |
| 30 April 2017 | 451 238 005 | 462 777 804 | 460 109 865 |
| 31 March 2017 | 451 238 005 | 462 773 368 | 460 106 429 |
| 28 February 2017 | 451 238 005 | 462 721 070 | 459 805 784 |
| 31 January 2017 | 451 238 005 | 462 721 497 | 459 828 681 |
* 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 controlled shares, liquidity contract, etc...).
The by-laws of Vallourec contain a provision imposing an obligation to declare crossing thresholds in addition to those relating to legal thresholds.
This information is also available on the Vallourec website under "Capital & shareholding" or "information réglementée": http://www.vallourec.com/FR/group/FINANCE/Pages/regulatedinformations.aspx
