<SEC-DOCUMENT>0000929638-20-000310.txt : 20200214
<SEC-HEADER>0000929638-20-000310.hdr.sgml : 20200214
<ACCEPTANCE-DATETIME>20200214135735
ACCESSION NUMBER:		0000929638-20-000310
CONFORMED SUBMISSION TYPE:	SC 13G
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20200214
DATE AS OF CHANGE:		20200214
GROUP MEMBERS:		ODEY ASSET MANAGEMENT LLP
GROUP MEMBERS:		ODEY HOLDINGS AG
GROUP MEMBERS:		ROBIN CRISPIN WILLIAM ODEY

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Valaris plc
		CENTRAL INDEX KEY:			0000314808
		STANDARD INDUSTRIAL CLASSIFICATION:	DRILLING OIL & GAS WELLS [1381]
		IRS NUMBER:				980635229
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-33427
		FILM NUMBER:		20617716

	BUSINESS ADDRESS:	
		STREET 1:		110 CANNON STREET
		CITY:			LONDON
		STATE:			X0
		ZIP:			EC4N6EU
		BUSINESS PHONE:		4402076594660

	MAIL ADDRESS:	
		STREET 1:		110 CANNON STREET
		CITY:			LONDON
		STATE:			X0
		ZIP:			EC4N6EU

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Ensco Rowan plc
		DATE OF NAME CHANGE:	20190410

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Ensco plc
		DATE OF NAME CHANGE:	20100331

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Ensco International plc
		DATE OF NAME CHANGE:	20091223

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Odey Asset Management Group Ltd
		CENTRAL INDEX KEY:			0001512596
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			X0
		FISCAL YEAR END:			0405

	FILING VALUES:
		FORM TYPE:		SC 13G

	BUSINESS ADDRESS:	
		STREET 1:		12 UPPER GROSVENOR STREET
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1K 2ND
		BUSINESS PHONE:		44 020 7208 1400

	MAIL ADDRESS:	
		STREET 1:		12 UPPER GROSVENOR STREET
		CITY:			LONDON
		STATE:			X0
		ZIP:			W1K 2ND
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G
<SEQUENCE>1
<FILENAME>sch13g.htm
<TEXT>
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            <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">UNITED STATES</div>
            <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
            <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">Washington, D.C. 20549</div>
            <div>&#160;</div>
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    <div style="text-align: center; margin-bottom: 12pt; font-family: 'Times New Roman'; font-weight: bold;">SCHEDULE 13G</div>
    <div style="text-align: center; margin-bottom: 12pt; font-family: 'Times New Roman'; font-weight: bold;">Under the Securities Exchange Act of 1934</div>
    <div style="text-align: center; margin-bottom: 12pt; font-family: 'Times New Roman'; font-weight: bold;">(Amendment No. ___)*</div>
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            <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">Valaris plc</div>
          </td>
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    <div style="text-align: center; font-family: 'Times New Roman';">(Name of Issuer)</div>
    <div><br>
    </div>
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            <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">Class A Ordinary Shares</div>
          </td>
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    <div style="text-align: center; font-family: 'Times New Roman';">(Title of Class of Securities)</div>
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          <td style="width: 33.33%; vertical-align: top; border-bottom: #000000 1px solid;">&#160;</td>
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            <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">G9402V109</div>
          </td>
          <td style="width: 33.33%; vertical-align: top; border-bottom: #000000 1px solid;">&#160;</td>
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    <div style="text-align: center; font-family: 'Times New Roman';">(CUSIP Number)</div>
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            <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">December 31, 2019</div>
          </td>
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          <td style="width: 100%; vertical-align: top; border-top: #000000 1px solid;">
            <div style="text-align: center; font-family: 'Times New Roman';">(Date of Event which Requires Filing of this Statement)</div>
          </td>
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    </table>
    <div><br>
    </div>
    <div style="text-align: justify; margin-right: 9.35pt; margin-bottom: 12pt; font-family: 'Times New Roman';">Check the appropriate box to designate the rule pursuant to which this Schedule is filed:</div>
    <div style="text-align: justify; margin-right: 9.35pt; margin-bottom: 12pt;"><font style="font-family: 'Times New Roman';">&#160;[x]</font><font style="text-indent: 0px; font-size: 5.14pt;" id="TRGRRTFtoHTMLTab">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family: 'Times New Roman';">Rule 13d-1(b)</font></div>
    <div style="text-align: justify; margin-right: 9.35pt; margin-bottom: 12pt;"><font style="font-family: 'Times New Roman';">&#160;[&#160; ]</font><font style="text-indent: 0px; font-size: 5.14pt;" id="TRGRRTFtoHTMLTab">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family: 'Times New Roman';">Rule 13d-1(c)</font></div>
    <div style="text-align: justify; margin-right: 9.35pt; margin-bottom: 24pt;"><font style="font-family: 'Times New Roman';">&#160;[&#160; ]</font><font style="text-indent: 0px; font-size: 5.14pt;" id="TRGRRTFtoHTMLTab">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family: 'Times New Roman';">Rule 13d-1(d)</font></div>
    <div style="text-align: justify; margin-right: 9.35pt; margin-bottom: 18pt;"><font style="font-family: 'Times New Roman';">*</font><font style="text-indent: 0px; font-size: 5.14pt;" id="TRGRRTFtoHTMLTab">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family: 'Times New Roman';">The remainder of this cover page shall be filled out for a reporting person&#8217;s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment
        containing information which would alter the disclosures provided in a prior cover page.&#160; Beneficial ownership information contained herein is given as of the date listed above.</font></div>
    <div style="text-align: justify; text-indent: 36pt; margin-right: 9.35pt; margin-bottom: 24pt; font-family: 'Times New Roman';">The information required in the remainder of this cover page shall not be deemed to be "filed" for the
      purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).</div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
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            <div style="text-align: justify; font-family: 'Times New Roman';">1</div>
          </td>
          <td style="width: 93.35%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">Names of Reporting Persons.</div>
            <div>&#160;</div>
            <div style="font-family: 'Times New Roman';">Odey Asset Management Group Ltd</div>
            <div>&#160;</div>
          </td>
        </tr>
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          <td style="width: 6.65%; vertical-align: top; border-top: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">2</div>
          </td>
          <td style="width: 93.35%; vertical-align: top; border-top: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">Check the Appropriate Box if a Member of a Group (See Instructions)</div>
          </td>
        </tr>
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          <td style="width: 6.65%; vertical-align: top;">&#160;</td>
          <td style="width: 93.35%; vertical-align: top;">
            <div style="text-align: justify;"><font style="font-family: 'Times New Roman';">(a)</font><font style="text-indent: 0px; font-size: 5.14pt;" id="TRGRRTFtoHTMLTab">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family: 'Times New Roman';">[ ]</font></div>
          </td>
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          <td style="width: 6.65%; vertical-align: top; border-bottom: #000000 1px solid;">&#160;</td>
          <td style="width: 93.35%; vertical-align: top; border-bottom: #000000 1px solid;">
            <div style="text-align: justify;"><font style="font-family: 'Times New Roman';">(b)</font><font style="text-indent: 0px; font-size: 5.14pt;" id="TRGRRTFtoHTMLTab">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family: 'Times New Roman';">[ ]</font></div>
          </td>
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            <div style="text-align: justify; font-family: 'Times New Roman';">3</div>
          </td>
          <td style="width: 93.35%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">SEC Use Only</div>
          </td>
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          <td style="width: 6.65%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">4</div>
          </td>
          <td style="width: 93.35%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">Citizenship or Place of Organization.</div>
            <div>&#160;</div>
            <div style="font-family: 'Times New Roman';">England</div>
            <div>&#160;</div>
          </td>
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            <div style="font-family: 'Times New Roman';">Number</div>
            <div style="font-family: 'Times New Roman';">of Shares</div>
            <div style="font-family: 'Times New Roman';">Beneficially</div>
            <div style="font-family: 'Times New Roman';">Owned by</div>
            <div style="font-family: 'Times New Roman';">Each</div>
            <div style="font-family: 'Times New Roman';">Reporting</div>
            <div style="font-family: 'Times New Roman';">Person With</div>
            &#160;&#160;&#160;</td>
          <td style="width: 76.71%; vertical-align: middle; border-left: #000000 1px solid; border-right: #000000 1px solid; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify;"><font style="font-family: 'Times New Roman';">5</font><font style="text-indent: 0px; font-size: 6pt;" id="TRGRRTFtoHTMLTab">&#160;&#160;</font><font style="font-family: 'Times New Roman';">Sole Voting Power</font></div>
            <div>&#160;</div>
            <div style="font-family: 'Times New Roman';">0 shares</div>
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 76.71%; vertical-align: middle; border-left: #000000 1px solid; border-right: #000000 1px solid; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify;"><font style="font-family: 'Times New Roman';">6</font><font style="text-indent: 0px; font-size: 6pt;" id="TRGRRTFtoHTMLTab">&#160;&#160;</font><font style="font-family: 'Times New Roman';">Shared Voting Power</font></div>
            <div>&#160;</div>
            <div style="font-family: 'Times New Roman';">10,302,576 shares</div>
            <div>&#160;</div>
            <div style="font-family: 'Times New Roman';">Refer to Item 4 below.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 76.71%; vertical-align: middle; border-left: #000000 1px solid; border-right: #000000 1px solid; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify;"><font style="font-family: 'Times New Roman';">7</font><font style="text-indent: 0px; font-size: 6pt;" id="TRGRRTFtoHTMLTab">&#160;&#160;</font><font style="font-family: 'Times New Roman';">Sole Dispositive Power</font></div>
            <div>&#160;</div>
            <div style="font-family: 'Times New Roman';">0 shares</div>
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 76.71%; vertical-align: middle; border-left: #000000 1px solid; border-right: #000000 1px solid; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify;"><font style="font-family: 'Times New Roman';">8</font><font style="text-indent: 0px; font-size: 6pt;" id="TRGRRTFtoHTMLTab">&#160;&#160;</font><font style="font-family: 'Times New Roman';">Shared Dispositive Power</font></div>
            <div>&#160;</div>
            <div style="font-family: 'Times New Roman';">10,302,576 shares</div>
            <div>&#160;</div>
            <div style="text-align: justify; font-family: 'Times New Roman';">Refer to Item 4 below.</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="zf96e6529b1c24290a2a45b585ac823d7" cellpadding="0" cellspacing="0">

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          <td style="width: 6.65%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">9</div>
          </td>
          <td style="width: 93.35%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">Aggregate Amount Beneficially Owned by Each Reporting Person</div>
            <div>&#160;</div>
            <div style="font-family: 'Times New Roman';">10,302,576 shares</div>
            <div>&#160;</div>
            <div style="text-align: justify; font-family: 'Times New Roman';">Refer to Item 4 below.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.65%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">10</div>
          </td>
          <td style="width: 93.35%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)&#160; &#160;&#160; [ ]</div>
          </td>
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          <td style="width: 6.65%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">11</div>
          </td>
          <td style="width: 93.35%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">Percent of Class Represented by Amount in Row (9)</div>
            <div>&#160;</div>
            <div style="font-family: 'Times New Roman';">&#160;5.21%</div>
            <div>&#160;</div>
            <div style="font-family: 'Times New Roman';">Refer to Item 4 below.</div>
          </td>
        </tr>
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          <td style="width: 6.65%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">12</div>
          </td>
          <td style="width: 93.35%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">Type of Reporting Person (See Instructions)</div>
            <div>&#160;</div>
            <div style="font-family: 'Times New Roman';">CO, HC</div>
          </td>
        </tr>

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            <div style="text-align: justify; font-family: 'Times New Roman';">1</div>
          </td>
          <td style="width: 93.35%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">Names of Reporting Persons.</div>
            <div>&#160;</div>
            <div style="font-family: 'Times New Roman';">Odey Asset Management LLP</div>
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.65%; vertical-align: top; border-top: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">2</div>
          </td>
          <td style="width: 93.35%; vertical-align: top; border-top: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">Check the Appropriate Box if a Member of a Group (See Instructions)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.65%; vertical-align: top;">&#160;</td>
          <td style="width: 93.35%; vertical-align: top;">
            <div style="text-align: justify;"><font style="font-family: 'Times New Roman';">(a)</font><font style="text-indent: 0px; font-size: 5.14pt;" id="TRGRRTFtoHTMLTab">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family: 'Times New Roman';">[ ]</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.65%; vertical-align: top; border-bottom: #000000 1px solid;">&#160;</td>
          <td style="width: 93.35%; vertical-align: top; border-bottom: #000000 1px solid;">
            <div style="text-align: justify;"><font style="font-family: 'Times New Roman';">(b)</font><font style="text-indent: 0px; font-size: 5.14pt;" id="TRGRRTFtoHTMLTab">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family: 'Times New Roman';">[ ]</font></div>
          </td>
        </tr>
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          <td style="width: 6.65%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">3</div>
          </td>
          <td style="width: 93.35%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">SEC Use Only</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.65%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">4</div>
          </td>
          <td style="width: 93.35%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">Citizenship or Place of Organization.</div>
            <div>&#160;</div>
            <div style="font-family: 'Times New Roman';">England</div>
            <div>&#160;</div>
          </td>
        </tr>

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    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="zb05d8c3d1b1c4b849d749c7f0733fd24" cellpadding="0" cellspacing="0">

        <tr>
          <td colspan="1" rowspan="4" style="width: 23.29%; vertical-align: middle; border-width: 1px; border-style: solid; border-color: rgb(0, 0, 0); text-align: center;">
            <div style="font-family: 'Times New Roman';">Number</div>
            <div style="font-family: 'Times New Roman';">of Shares</div>
            <div style="font-family: 'Times New Roman';">Beneficially</div>
            <div style="font-family: 'Times New Roman';">Owned by</div>
            <div style="font-family: 'Times New Roman';">Each</div>
            <div style="font-family: 'Times New Roman';">Reporting</div>
            <div style="font-family: 'Times New Roman';">Person With</div>
            &#160;&#160;&#160;</td>
          <td style="width: 76.71%; vertical-align: middle; border-left: #000000 1px solid; border-right: #000000 1px solid; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify;"><font style="font-family: 'Times New Roman';">5</font><font style="text-indent: 0px; font-size: 6pt;" id="TRGRRTFtoHTMLTab">&#160;&#160;</font><font style="font-family: 'Times New Roman';">Sole Voting Power</font></div>
            <div>&#160;</div>
            <div style="font-family: 'Times New Roman';">0 shares</div>
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 76.71%; vertical-align: middle; border-left: #000000 1px solid; border-right: #000000 1px solid; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify;"><font style="font-family: 'Times New Roman';">6</font><font style="text-indent: 0px; font-size: 6pt;" id="TRGRRTFtoHTMLTab">&#160;&#160;</font><font style="font-family: 'Times New Roman';">Shared Voting Power</font></div>
            <div>&#160;</div>
            <div style="font-family: 'Times New Roman';">10,302,576 shares</div>
            <div>&#160;</div>
            <div style="font-family: 'Times New Roman';">Refer to Item 4 below.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 76.71%; vertical-align: middle; border-left: #000000 1px solid; border-right: #000000 1px solid; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify;"><font style="font-family: 'Times New Roman';">7</font><font style="text-indent: 0px; font-size: 6pt;" id="TRGRRTFtoHTMLTab">&#160;&#160;</font><font style="font-family: 'Times New Roman';">Sole Dispositive Power</font></div>
            <div>&#160;</div>
            <div style="font-family: 'Times New Roman';">0 shares</div>
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 76.71%; vertical-align: middle; border-left: #000000 1px solid; border-right: #000000 1px solid; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify;"><font style="font-family: 'Times New Roman';">8</font><font style="text-indent: 0px; font-size: 6pt;" id="TRGRRTFtoHTMLTab">&#160;&#160;</font><font style="font-family: 'Times New Roman';">Shared Dispositive Power</font></div>
            <div>&#160;</div>
            <div style="font-family: 'Times New Roman';">10,302,576 shares</div>
            <div>&#160;</div>
            <div style="text-align: justify; font-family: 'Times New Roman';">Refer to Item 4 below.</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z55338b92709f459086722691715e917b" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 6.65%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">9</div>
          </td>
          <td style="width: 93.35%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">Aggregate Amount Beneficially Owned by Each Reporting Person</div>
            <div>&#160;</div>
            <div style="font-family: 'Times New Roman';">10,302,576 shares</div>
            <div>&#160;</div>
            <div style="text-align: justify; font-family: 'Times New Roman';">Refer to Item 4 below.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.65%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">10</div>
          </td>
          <td style="width: 93.35%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)&#160; &#160;&#160; [ ]</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.65%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">11</div>
          </td>
          <td style="width: 93.35%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">Percent of Class Represented by Amount in Row (9)</div>
            <div>&#160;</div>
            <div style="font-family: 'Times New Roman';">&#160;5.21%</div>
            <div>&#160;</div>
            <div style="font-family: 'Times New Roman';">Refer to Item 4 below.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.65%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">12</div>
          </td>
          <td style="width: 93.35%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">Type of Reporting Person (See Instructions)</div>
            <div>&#160;</div>
            <div style="font-family: 'Times New Roman';">PN, IA</div>
          </td>
        </tr>

    </table>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;" noshade="noshade"></div>
    </div>
    <div><br>
    </div>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="zaf1d16b82a2c4a5fa95eaa8f39f8f1a7" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 6.65%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">1</div>
          </td>
          <td style="width: 93.35%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">Names of Reporting Persons.</div>
            <div>&#160;</div>
            <div style="font-family: 'Times New Roman';">Odey Holdings AG</div>
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.65%; vertical-align: top; border-top: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">2</div>
          </td>
          <td style="width: 93.35%; vertical-align: top; border-top: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">Check the Appropriate Box if a Member of a Group (See Instructions)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.65%; vertical-align: top;">&#160;</td>
          <td style="width: 93.35%; vertical-align: top;">
            <div style="text-align: justify;"><font style="font-family: 'Times New Roman';">(a)</font><font style="text-indent: 0px; font-size: 5.14pt;" id="TRGRRTFtoHTMLTab">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family: 'Times New Roman';">[ ]</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.65%; vertical-align: top; border-bottom: #000000 1px solid;">&#160;</td>
          <td style="width: 93.35%; vertical-align: top; border-bottom: #000000 1px solid;">
            <div style="text-align: justify;"><font style="font-family: 'Times New Roman';">(b)</font><font style="text-indent: 0px; font-size: 5.14pt;" id="TRGRRTFtoHTMLTab">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family: 'Times New Roman';">[ ]</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.65%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">3</div>
          </td>
          <td style="width: 93.35%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">SEC Use Only</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.65%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">4</div>
          </td>
          <td style="width: 93.35%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">Citizenship or Place of Organization.</div>
            <div>&#160;</div>
            <div style="font-family: 'Times New Roman';">Switzerland</div>
            <div>&#160;</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z0e4462a594374a6ab9e1bd91df40a3ad" cellpadding="0" cellspacing="0">

        <tr>
          <td colspan="1" rowspan="4" style="width: 23.29%; vertical-align: middle; border-width: 1px; border-style: solid; border-color: rgb(0, 0, 0); text-align: center;">
            <div style="font-family: 'Times New Roman';">Number</div>
            <div style="font-family: 'Times New Roman';">of Shares</div>
            <div style="font-family: 'Times New Roman';">Beneficially</div>
            <div style="font-family: 'Times New Roman';">Owned by</div>
            <div style="font-family: 'Times New Roman';">Each</div>
            <div style="font-family: 'Times New Roman';">Reporting</div>
            <div style="font-family: 'Times New Roman';">Person With</div>
            &#160;&#160;&#160;</td>
          <td style="width: 76.71%; vertical-align: middle; border-left: #000000 1px solid; border-right: #000000 1px solid; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify;"><font style="font-family: 'Times New Roman';">5</font><font style="text-indent: 0px; font-size: 6pt;" id="TRGRRTFtoHTMLTab">&#160;&#160;</font><font style="font-family: 'Times New Roman';">Sole Voting Power</font></div>
            <div>&#160;</div>
            <div style="font-family: 'Times New Roman';">0 shares</div>
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 76.71%; vertical-align: middle; border-left: #000000 1px solid; border-right: #000000 1px solid; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify;"><font style="font-family: 'Times New Roman';">6</font><font style="text-indent: 0px; font-size: 6pt;" id="TRGRRTFtoHTMLTab">&#160;&#160;</font><font style="font-family: 'Times New Roman';">Shared Voting Power</font></div>
            <div>&#160;</div>
            <div style="font-family: 'Times New Roman';">10,302,576 shares</div>
            <div>&#160;</div>
            <div style="font-family: 'Times New Roman';">Refer to Item 4 below.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 76.71%; vertical-align: middle; border-left: #000000 1px solid; border-right: #000000 1px solid; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify;"><font style="font-family: 'Times New Roman';">7</font><font style="text-indent: 0px; font-size: 6pt;" id="TRGRRTFtoHTMLTab">&#160;&#160;</font><font style="font-family: 'Times New Roman';">Sole Dispositive Power</font></div>
            <div>&#160;</div>
            <div style="font-family: 'Times New Roman';">0 shares</div>
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 76.71%; vertical-align: middle; border-left: #000000 1px solid; border-right: #000000 1px solid; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify;"><font style="font-family: 'Times New Roman';">8</font><font style="text-indent: 0px; font-size: 6pt;" id="TRGRRTFtoHTMLTab">&#160;&#160;</font><font style="font-family: 'Times New Roman';">Shared Dispositive Power</font></div>
            <div>&#160;</div>
            <div style="font-family: 'Times New Roman';">10,302,576 shares</div>
            <div>&#160;</div>
            <div style="text-align: justify; font-family: 'Times New Roman';">Refer to Item 4 below.</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z68a50a70a40e4a7bb2fe6584eed18f1e" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 6.65%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">9</div>
          </td>
          <td style="width: 93.35%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">Aggregate Amount Beneficially Owned by Each Reporting Person</div>
            <div>&#160;</div>
            <div style="font-family: 'Times New Roman';">10,302,576 shares</div>
            <div>&#160;</div>
            <div style="text-align: justify; font-family: 'Times New Roman';">Refer to Item 4 below.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.65%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">10</div>
          </td>
          <td style="width: 93.35%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)&#160; &#160;&#160; [ ]</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.65%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">11</div>
          </td>
          <td style="width: 93.35%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">Percent of Class Represented by Amount in Row (9)</div>
            <div>&#160;</div>
            <div style="font-family: 'Times New Roman';">&#160;5.21%</div>
            <div>&#160;</div>
            <div style="font-family: 'Times New Roman';">Refer to Item 4 below.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.65%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">12</div>
          </td>
          <td style="width: 93.35%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">Type of Reporting Person (See Instructions)</div>
            <div>&#160;</div>
            <div style="font-family: 'Times New Roman';">CO, HC</div>
          </td>
        </tr>

    </table>
    <div style="margin-bottom: 12pt;"><br>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;" noshade="noshade"></div>
    </div>
    <div><br>
    </div>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="zf6d5edbf0188456bbf982c0b82fc021f" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 6.65%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">1</div>
          </td>
          <td style="width: 93.35%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">Names of Reporting Persons.</div>
            <div>&#160;</div>
            <div style="font-family: 'Times New Roman';">Robin Crispin William Odey (&#8220;Crispin Odey&#8221;)</div>
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.65%; vertical-align: top; border-top: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">2</div>
          </td>
          <td style="width: 93.35%; vertical-align: top; border-top: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">Check the Appropriate Box if a Member of a Group (See Instructions)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.65%; vertical-align: top;">&#160;</td>
          <td style="width: 93.35%; vertical-align: top;">
            <div style="text-align: justify;"><font style="font-family: 'Times New Roman';">(a)</font><font style="text-indent: 0px; font-size: 5.14pt;" id="TRGRRTFtoHTMLTab">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family: 'Times New Roman';">[ ]</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.65%; vertical-align: top; border-bottom: #000000 1px solid;">&#160;</td>
          <td style="width: 93.35%; vertical-align: top; border-bottom: #000000 1px solid;">
            <div style="text-align: justify;"><font style="font-family: 'Times New Roman';">(b)</font><font style="text-indent: 0px; font-size: 5.14pt;" id="TRGRRTFtoHTMLTab">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family: 'Times New Roman';">[ ]</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.65%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">3</div>
          </td>
          <td style="width: 93.35%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">SEC Use Only</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.65%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">4</div>
          </td>
          <td style="width: 93.35%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">Citizenship or Place of Organization.</div>
            <div>&#160;</div>
            <div style="font-family: 'Times New Roman';">England</div>
            <div>&#160;</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z31b49890544941339f47dd208e026c51" cellpadding="0" cellspacing="0">

        <tr>
          <td colspan="1" rowspan="4" style="width: 23.29%; vertical-align: middle; border-width: 1px; border-style: solid; border-color: rgb(0, 0, 0); text-align: center;">
            <div style="font-family: 'Times New Roman';">Number</div>
            <div style="font-family: 'Times New Roman';">of Shares</div>
            <div style="font-family: 'Times New Roman';">Beneficially</div>
            <div style="font-family: 'Times New Roman';">Owned by</div>
            <div style="font-family: 'Times New Roman';">Each</div>
            <div style="font-family: 'Times New Roman';">Reporting</div>
            <div style="font-family: 'Times New Roman';">Person With</div>
            &#160;&#160;&#160;</td>
          <td style="width: 76.71%; vertical-align: middle; border-left: #000000 1px solid; border-right: #000000 1px solid; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify;"><font style="font-family: 'Times New Roman';">5</font><font style="text-indent: 0px; font-size: 6pt;" id="TRGRRTFtoHTMLTab">&#160;&#160;</font><font style="font-family: 'Times New Roman';">Sole Voting Power</font></div>
            <div>&#160;</div>
            <div style="font-family: 'Times New Roman';">0 shares</div>
          </td>
        </tr>
        <tr>
          <td style="width: 76.71%; vertical-align: middle; border-left: #000000 1px solid; border-right: #000000 1px solid; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify;"><font style="font-family: 'Times New Roman';">6</font><font style="text-indent: 0px; font-size: 6pt;" id="TRGRRTFtoHTMLTab">&#160;&#160;</font><font style="font-family: 'Times New Roman';">Shared Voting Power</font></div>
            <div>&#160;</div>
            <div style="font-family: 'Times New Roman';">10,302,576 shares</div>
            <div>&#160;</div>
            <div style="font-family: 'Times New Roman';">Refer to Item 4 below.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 76.71%; vertical-align: middle; border-left: #000000 1px solid; border-right: #000000 1px solid; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify;"><font style="font-family: 'Times New Roman';">7</font><font style="text-indent: 0px; font-size: 6pt;" id="TRGRRTFtoHTMLTab">&#160;&#160;</font><font style="font-family: 'Times New Roman';">Sole Dispositive Power</font></div>
            <div>&#160;</div>
            <div style="font-family: 'Times New Roman';">0 shares</div>
          </td>
        </tr>
        <tr>
          <td style="width: 76.71%; vertical-align: middle; border-left: #000000 1px solid; border-right: #000000 1px solid; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify;"><font style="font-family: 'Times New Roman';">8</font><font style="text-indent: 0px; font-size: 6pt;" id="TRGRRTFtoHTMLTab">&#160;&#160;</font><font style="font-family: 'Times New Roman';">Shared Dispositive Power</font></div>
            <div>&#160;</div>
            <div style="font-family: 'Times New Roman';">10,302,576 shares</div>
            <div>&#160;</div>
            <div style="text-align: justify; font-family: 'Times New Roman';">Refer to Item 4 below.</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="zcb24a48d7062410fb6143ff348837935" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 6.65%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">9</div>
          </td>
          <td style="width: 93.35%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">Aggregate Amount Beneficially Owned by Each Reporting Person</div>
            <div>&#160;</div>
            <div style="font-family: 'Times New Roman';">10,302,576 shares</div>
            <div>&#160;</div>
            <div style="text-align: justify; font-family: 'Times New Roman';">Refer to Item 4 below.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.65%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">10</div>
          </td>
          <td style="width: 93.35%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)&#160; &#160;&#160; [ ]</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.65%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">11</div>
          </td>
          <td style="width: 93.35%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">Percent of Class Represented by Amount in Row (9)</div>
            <div>&#160;</div>
            <div style="font-family: 'Times New Roman';">5.21%</div>
            <div>&#160;</div>
            <div style="font-family: 'Times New Roman';">Refer to Item 4 below.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.65%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">12</div>
          </td>
          <td style="width: 93.35%; vertical-align: top; border-top: #000000 1px solid; border-bottom: #000000 1px solid;">
            <div style="text-align: justify; font-family: 'Times New Roman';">Type of Reporting Person (See Instructions)</div>
            <div>&#160;</div>
            <div style="font-family: 'Times New Roman';">IN, HC</div>
          </td>
        </tr>

    </table>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;" noshade="noshade"></div>
    </div>
    <div style="text-align: center; margin-bottom: 12pt; font-family: 'Times New Roman'; font-weight: bold;"><u>SCHEDULE 13G</u></div>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="zf8bd6929c74748b0a33ed3e157e73872" cellpadding="0" cellspacing="0">

        <tr>
          <td colspan="2" style="width: 12.2%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">Item&#160;1</div>
          </td>
          <td colspan="3" style="width: 87.8%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 8.5%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="width: 6.1%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">(a)</div>
          </td>
          <td style="width: 80.04%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">Name of Issuer</div>
          </td>
          <td style="width: 5.36%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 8.5%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="width: 6.1%; vertical-align: top;">&#160;</td>
          <td style="width: 80.04%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman';">Valaris plc</div>
            <div style="text-align: justify; font-family: 'Times New Roman';"> <br>
            </div>
          </td>
          <td style="width: 5.36%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 8.5%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="width: 6.1%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">(b)</div>
          </td>
          <td style="width: 80.04%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">Address of Issuer&#8217;s Principal Executive Offices</div>
          </td>
          <td style="width: 5.36%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 8.5%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="width: 6.1%; vertical-align: top;">&#160;</td>
          <td style="width: 80.04%; vertical-align: top;">
            <div style="font-family: 'Times New Roman';">110 Cannon Street, London X0 EC4N6EU</div>
          </td>
          <td style="width: 5.36%; vertical-align: top;">&#160;</td>
        </tr>

    </table>
    <div><br>
    </div>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="zb39f196d78da4a56a3671735feeef2b5" cellpadding="0" cellspacing="0">

        <tr>
          <td colspan="2" style="width: 12.2%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">Item&#160;2</div>
          </td>
          <td colspan="3" style="width: 87.8%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 8.5%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="width: 6.09%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">(a)</div>
          </td>
          <td style="width: 80.05%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">Name of Person Filing</div>
          </td>
          <td style="width: 5.36%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 8.5%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="width: 6.09%; vertical-align: top;">&#160;</td>
          <td style="width: 80.05%; vertical-align: top;">
            <div style="font-family: 'Times New Roman';">Odey Asset Management Group Ltd</div>
            <div style="font-family: 'Times New Roman';">Odey Asset Management LLP</div>
            <div style="font-family: 'Times New Roman';">Odey Holdings AG</div>
            <div style="font-family: 'Times New Roman';">Crispin Odey</div>
            <div>&#160;</div>
          </td>
          <td style="width: 5.36%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 8.5%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="width: 6.09%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">(b)</div>
          </td>
          <td style="width: 80.05%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">Address of Principal Business Office or, if none, Residence</div>
          </td>
          <td style="width: 5.36%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 8.5%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="width: 6.09%; vertical-align: top;">&#160;</td>
          <td style="width: 80.05%; vertical-align: top;">
            <div style="font-family: 'Times New Roman';">Odey Asset Management Group Ltd</div>
            <div style="font-family: 'Times New Roman';">Odey Asset Management LLP</div>
            <div style="font-family: 'Times New Roman';">Odey Holdings AG</div>
            <div style="font-family: 'Times New Roman';">Crispin Odey</div>
            <div style="font-family: 'Times New Roman';">c/o Odey Asset Management Group Ltd</div>
            <div style="font-family: 'Times New Roman';">12 Upper Grosvenor Street</div>
            <div style="font-family: 'Times New Roman';">London, United Kingdom&#160; W1K 2ND</div>
            <div>&#160;</div>
          </td>
          <td style="width: 5.36%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 8.5%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="width: 6.09%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">(c)</div>
          </td>
          <td style="width: 80.05%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">Citizenship</div>
          </td>
          <td style="width: 5.36%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 8.5%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="width: 6.09%; vertical-align: top;">&#160;</td>
          <td style="width: 80.05%; vertical-align: top;">
            <div style="font-family: 'Times New Roman';">Odey Asset Management Group Ltd &#8211; England</div>
            <div style="font-family: 'Times New Roman';">Odey Asset Management LLP &#8211; England</div>
            <div style="font-family: 'Times New Roman';">Odey Holdings AG &#8211; Switzerland</div>
            <div style="font-family: 'Times New Roman';">Crispin Odey &#8211; England</div>
            <div>&#160;</div>
          </td>
          <td style="width: 5.36%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 8.5%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="width: 6.09%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">(d)</div>
          </td>
          <td style="width: 80.05%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">Title of Class of Securities</div>
          </td>
          <td style="width: 5.36%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 8.5%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="width: 6.09%; vertical-align: top;">&#160;</td>
          <td style="width: 80.05%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman';">Class A Ordinary Shares</div>
            <div style="text-align: justify; font-family: 'Times New Roman';"> <br>
            </div>
          </td>
          <td style="width: 5.36%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 8.5%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="width: 6.09%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">(e)</div>
          </td>
          <td style="width: 80.05%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">CUSIP Number</div>
          </td>
          <td style="width: 5.36%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 8.5%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="width: 6.09%; vertical-align: top;">&#160;</td>
          <td style="width: 80.05%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman';">G9402V109</div>
          </td>
          <td style="width: 5.36%; vertical-align: top;">&#160;</td>
        </tr>

    </table>
    <div><br>
    </div>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="zff8cfdf778b54aacbd6283ed6c73c775" cellpadding="0" cellspacing="0">

        <tr>
          <td colspan="2" style="width: 12.2%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">Item&#160;3</div>
          </td>
          <td colspan="4" style="width: 87.8%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">If this statement is filed pursuant to &#167;&#167;240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:</div>
          </td>
        </tr>
        <tr>
          <td style="width: 8.5%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="width: 6.16%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman';">(a)</div>
          </td>
          <td style="width: 6.16%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman';">[ ]</div>
          </td>
          <td style="width: 78.74%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman';">Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);</div>
          </td>
          <td style="width: 0.43%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 8.5%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="width: 6.16%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman';">(b)</div>
          </td>
          <td style="width: 6.16%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman';">[ ]</div>
          </td>
          <td style="width: 78.74%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman';">Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);</div>
          </td>
          <td style="width: 0.43%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 8.5%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="width: 6.16%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman';">(c)</div>
          </td>
          <td style="width: 6.16%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman';">[ ]</div>
          </td>
          <td style="width: 78.74%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman';">Insurance Company as defined in Section 3(a)(19) of the Act;</div>
          </td>
          <td style="width: 0.43%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 8.5%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="width: 6.16%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman';">(d)</div>
          </td>
          <td style="width: 6.16%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman';">[ ]</div>
          </td>
          <td style="width: 78.74%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman';">Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8);</div>
          </td>
          <td style="width: 0.43%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 8.5%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="width: 6.16%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman';">(e)</div>
          </td>
          <td style="width: 6.16%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman';">[x]</div>
          </td>
          <td style="width: 78.74%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman';">An investment adviser in accordance with &#167;240.13d-1(b)(1)(ii)(E);</div>
          </td>
          <td style="width: 0.43%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 8.5%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="width: 6.16%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman';">(f)</div>
          </td>
          <td style="width: 6.16%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman';">[ ]</div>
          </td>
          <td style="width: 78.74%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman';">An employee benefit plan or endowment fund in accordance with &#167;240.13d-1(b)(1)(ii)(F);</div>
          </td>
          <td style="width: 0.43%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 8.5%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="width: 6.16%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman';">(g)</div>
          </td>
          <td style="width: 6.16%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman';">[x]</div>
          </td>
          <td style="width: 78.74%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman';">A parent holding company or control person in accordance with &#167; 240.13d-1(b)(1)(ii)(G);</div>
          </td>
          <td style="width: 0.43%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 8.5%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="width: 6.16%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman';">(h)</div>
          </td>
          <td style="width: 6.16%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman';">[ ]</div>
          </td>
          <td style="width: 78.74%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman';">A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);</div>
          </td>
          <td style="width: 0.43%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 8.5%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="width: 6.16%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman';">(i)</div>
          </td>
          <td style="width: 6.16%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman';">[ ]</div>
          </td>
          <td style="width: 78.74%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman';">A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);</div>
          </td>
          <td style="width: 0.43%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 8.5%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="width: 6.16%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman';">(j)</div>
          </td>
          <td style="width: 6.16%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman';">[ ]</div>
          </td>
          <td style="width: 78.74%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman';">A non-U.S. institution in accordance with &#167;240.13d&#8211;1(b)(1)(ii)(J);</div>
          </td>
          <td style="width: 0.43%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 8.5%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="width: 6.16%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman';">(k)</div>
          </td>
          <td style="width: 6.16%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman';">[ ]</div>
          </td>
          <td style="width: 78.74%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman';">Group, in accordance with &#167;240.13d-1(b)(1)(ii)(K).</div>
          </td>
          <td style="width: 0.43%; vertical-align: top;">&#160;</td>
        </tr>

    </table>
    <div style="text-align: justify; margin-left: 67.5pt; margin-top: 6pt; margin-bottom: 12pt; font-family: 'Times New Roman';">If filing as a non-U.S. institution in accordance with &#167; 240.13d-1(b)(1)(ii)(J), please specify the type of
      institution:</div>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z91125c80aaca47818f21fa75e233ef1d" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 12.2%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">Item&#160;4</div>
          </td>
          <td style="width: 87.8%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">Ownership</div>
          </td>
        </tr>
        <tr>
          <td style="width: 12.2%; vertical-align: top;">&#160;</td>
          <td style="width: 87.8%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman';">Shares reported herein for Odey Asset Management LLP (&#8220;OAM LLP&#8221;) represent shares held for the benefit of investment advisory clients of OAM LLP.&#160; Odey Asset
              Management Group Ltd (&#8220;OAM Ltd&#8221;) is the managing member of OAM LLP, Odey Holdings AG (&#8220;Odey Holdings&#8221;) is the sole stockholder of OAM Ltd, and Mr. Odey is the sole stockholder of Odey Holdings.&#160; For all purposes other than the filing of this
              Schedule 13G, each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein.</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z9e079fa6729544868b669525e0b13312" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 12.2%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">Item&#160;4(a)</div>
          </td>
          <td style="width: 87.8%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">Amount Beneficially Owned</div>
          </td>
        </tr>
        <tr>
          <td style="width: 12.2%; vertical-align: top;">&#160;</td>
          <td style="width: 87.8%; vertical-align: top;">
            <div style="font-family: 'Times New Roman';">Odey Asset Management Group Ltd &#8211; 10,302,576 shares</div>
            <div style="font-family: 'Times New Roman';">Odey Asset Management LLP &#8211; 10,302,576 shares</div>
            <div style="font-family: 'Times New Roman';">Odey Holdings AG &#8211; 10,302,576 shares</div>
            <div style="font-family: 'Times New Roman';">Crispin Odey &#8211; 10,302,576 shares</div>
          </td>
        </tr>

    </table>
    <div><br>
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    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z91bc7f70f939410eafe57bbdb934e531" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 12.2%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">Item&#160;4(b)</div>
          </td>
          <td style="width: 87.8%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">Percent of Class</div>
          </td>
        </tr>
        <tr>
          <td style="width: 12.2%; vertical-align: top;">&#160;</td>
          <td style="width: 87.8%; vertical-align: top;">
            <div style="font-family: 'Times New Roman';">Odey Asset Management Group Ltd &#8211;&#160; 5.21%</div>
            <div style="font-family: 'Times New Roman';">Odey Asset Management LLP &#8211;&#160; 5.21%</div>
            <div style="font-family: 'Times New Roman';">Odey Holdings AG &#8211;&#160; 5.21%</div>
            <div style="font-family: 'Times New Roman';">Crispin Odey &#8211;&#160; 5.21%</div>
          </td>
        </tr>

    </table>
    <div><br>
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    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="zf98e87e6e4c044cab2e8e67f3cc3cb12" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 12.2%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">Item&#160;4(c)</div>
          </td>
          <td style="width: 87.8%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">Number of shares as to which each such person has voting and dispositive power:</div>
          </td>
        </tr>
        <tr>
          <td style="width: 12.2%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">(i)</div>
          </td>
          <td style="width: 87.8%; vertical-align: top;">
            <div style="font-family: 'Times New Roman'; font-weight: bold;">sole power to vote or to direct the vote</div>
          </td>
        </tr>
        <tr>
          <td style="width: 12.2%; vertical-align: top;">&#160;</td>
          <td style="width: 87.8%; vertical-align: top;">
            <div style="font-family: 'Times New Roman';">Odey Asset Management Group Ltd &#8211; 0 shares</div>
            <div style="font-family: 'Times New Roman';">Odey Asset Management LLP &#8211; 0 shares</div>
            <div style="font-family: 'Times New Roman';">Odey Holdings AG &#8211; 0 shares</div>
            <div style="font-family: 'Times New Roman';">Crispin Odey &#8211; 0 shares</div>
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 12.2%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">(ii)</div>
          </td>
          <td style="width: 87.8%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">shared power to vote or to direct the vote</div>
          </td>
        </tr>
        <tr>
          <td style="width: 12.2%; vertical-align: top;">&#160;</td>
          <td style="width: 87.8%; vertical-align: top;">
            <div style="font-family: 'Times New Roman';">Odey Asset Management Group Ltd &#8211; 10,302,576 shares</div>
            <div style="font-family: 'Times New Roman';">Odey Asset Management LLP &#8211; 10,302,576 shares</div>
            <div style="font-family: 'Times New Roman';">Odey Holdings AG &#8211; 10,302,576 shares</div>
            <div style="font-family: 'Times New Roman';">Crispin Odey &#8211; 10,302,576 shares</div>
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 12.2%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">(iii)</div>
          </td>
          <td style="width: 87.8%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">sole power to dispose or to direct the disposition of</div>
          </td>
        </tr>
        <tr>
          <td style="width: 12.2%; vertical-align: top;">&#160;</td>
          <td style="width: 87.8%; vertical-align: top;">
            <div style="font-family: 'Times New Roman';">Odey Asset Management Group Ltd &#8211; 0 shares</div>
            <div style="font-family: 'Times New Roman';">Odey Asset Management LLP &#8211; 0 shares</div>
            <div style="font-family: 'Times New Roman';">Odey Holdings AG &#8211; 0 shares</div>
            <div style="font-family: 'Times New Roman';">Crispin Odey &#8211; 0 shares</div>
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 12.2%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman'; font-weight: bold;">(iv)</div>
          </td>
          <td style="width: 87.8%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">shared power to dispose or to direct the disposition of</div>
          </td>
        </tr>
        <tr>
          <td style="width: 12.2%; vertical-align: top;">&#160;</td>
          <td style="width: 87.8%; vertical-align: top;">
            <div style="font-family: 'Times New Roman';">Odey Asset Management Group Ltd &#8211; 10,302,576 shares</div>
            <div style="font-family: 'Times New Roman';">Odey Asset Management LLP &#8211; 10,302,576 shares</div>
            <div style="font-family: 'Times New Roman';">Odey Holdings AG &#8211; 10,302,576 shares</div>
            <div style="font-family: 'Times New Roman';">Crispin Odey &#8211;&#160;10,302,576 shares</div>
          </td>
        </tr>

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    <div><br>
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    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z65a2c7405a7b4db2ba2c464d74b78db0" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 12.2%; vertical-align: top;">
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            <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">Ownership of Five Percent or Less of a Class</div>
          </td>
        </tr>
        <tr>
          <td style="width: 12.2%; vertical-align: top;">&#160;</td>
          <td style="width: 87.8%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman';">Not applicable.</div>
            <div style="text-align: justify; font-family: 'Times New Roman';"> <br>
            </div>
          </td>
        </tr>
        <tr>
          <td style="width: 12.2%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">Item&#160;6</div>
          </td>
          <td style="width: 87.8%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">Ownership of More than Five Percent on Behalf of Another Person</div>
          </td>
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        <tr>
          <td style="width: 12.2%; vertical-align: top;">&#160;</td>
          <td style="width: 87.8%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman';">Dividends received from, and proceeds from the sale of, the shares reported herein, if any, are allocated by Odey Asset Management LLP to the applicable accounts
              of its clients and are distributed or retained in accordance with its investment advisory agreements with those clients.</div>
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 12.2%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">Item&#160;7</div>
          </td>
          <td style="width: 87.8%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company</div>
          </td>
        </tr>
        <tr>
          <td style="width: 12.2%; vertical-align: top;">&#160;</td>
          <td style="width: 87.8%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman';">Not applicable.</div>
            <div style="text-align: justify; font-family: 'Times New Roman';"> <br>
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          </td>
        </tr>
        <tr>
          <td style="width: 12.2%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">Item&#160;8</div>
          </td>
          <td style="width: 87.8%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">Identification and Classification of Members of the Group</div>
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        </tr>
        <tr>
          <td style="width: 12.2%; vertical-align: top;">&#160;</td>
          <td style="width: 87.8%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman';">Not applicable.</div>
            <div style="text-align: justify; font-family: 'Times New Roman';"> <br>
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        <tr>
          <td style="width: 12.2%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">Item&#160;9</div>
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          <td style="width: 87.8%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">Notice of Dissolution of Group</div>
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        </tr>
        <tr>
          <td style="width: 12.2%; vertical-align: top;">&#160;</td>
          <td style="width: 87.8%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman';">Not applicable.</div>
            <div style="text-align: justify; font-family: 'Times New Roman';"> <br>
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          </td>
        </tr>
        <tr>
          <td style="width: 12.2%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">Item&#160;10</div>
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            <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">Certification</div>
          </td>
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    <div style="text-align: justify; text-indent: 24.5pt; margin-bottom: 12pt; font-family: 'Times New Roman';">By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are
      held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or
      as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under &#167;240.14a-11.</div>
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        <tr>
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            <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">Exhibits</div>
          </td>
          <td style="width: 87.8%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">Exhibit</div>
          </td>
        </tr>
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          <td style="width: 12.2%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">99.1</div>
          </td>
          <td style="width: 87.8%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman';">Joint Filing Agreement by and among the Reporting Persons.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 12.2%; vertical-align: top;">&#160;</td>
          <td style="width: 87.8%; vertical-align: top;">&#160;</td>
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    <div style="text-align: center; margin-bottom: 12pt; font-family: 'Times New Roman'; font-weight: bold;">SIGNATURE</div>
    <div style="text-align: justify; text-indent: 45pt; margin-bottom: 12pt; font-family: 'Times New Roman';">After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement
      is true, complete and correct.</div>
    <div style="font-family: 'Times New Roman';">Date: February 14, 2020</div>
    <div><br>
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          <td style="width: 57.3%; vertical-align: top;">
            <div style="font-family: 'Times New Roman'; font-weight: bold;">ODEY ASSET MANAGEMENT GROUP LTD</div>
          </td>
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        <tr>
          <td style="width: 42.7%; vertical-align: top;">&#160;</td>
          <td style="width: 57.3%; vertical-align: top;">&#160;</td>
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          <td style="width: 42.7%; vertical-align: top;">&#160;</td>
          <td style="width: 57.3%; vertical-align: top; border-bottom: #000000 1px solid;">
            <div style="font-family: 'Times New Roman';">By: /s/ Jack Satt</div>
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          <td style="width: 42.7%; vertical-align: top;">&#160;</td>
          <td style="width: 57.3%; vertical-align: top; border-top: #000000 1px solid;">
            <div style="font-family: 'Times New Roman';">Jack Satt, Chief Compliance Officer</div>
          </td>
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          <td style="width: 42.7%; vertical-align: top;">&#160;</td>
          <td style="width: 57.3%; vertical-align: top;">&#160;</td>
        </tr>
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          <td style="width: 42.7%; vertical-align: top;">&#160;</td>
          <td style="width: 57.3%; vertical-align: top;">&#160;</td>
        </tr>
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          <td style="width: 42.7%; vertical-align: top;">&#160;</td>
          <td style="width: 57.3%; vertical-align: top;">
            <div style="font-family: 'Times New Roman'; font-weight: bold;">ODEY ASSET MANAGEMENT LLP</div>
          </td>
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          <td style="width: 42.7%; vertical-align: top;">&#160;</td>
          <td style="width: 57.3%; vertical-align: top;">&#160;</td>
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          <td style="width: 42.7%; vertical-align: top;">&#160;</td>
          <td style="width: 57.3%; vertical-align: top; border-bottom: #000000 1px solid;">
            <div style="font-family: 'Times New Roman';">By: /s/ Jack Satt</div>
          </td>
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          <td style="width: 42.7%; vertical-align: top;">&#160;</td>
          <td style="width: 57.3%; vertical-align: top; border-top: #000000 1px solid;">
            <div style="font-family: 'Times New Roman';">Jack Satt, Chief Compliance Officer</div>
          </td>
        </tr>
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          <td style="width: 42.7%; vertical-align: top;">&#160;</td>
          <td style="width: 57.3%; vertical-align: top;">&#160;</td>
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          <td style="width: 42.7%; vertical-align: top;">&#160;</td>
          <td style="width: 57.3%; vertical-align: top;">&#160;</td>
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          <td style="width: 42.7%; vertical-align: top;">&#160;</td>
          <td style="width: 57.3%; vertical-align: top;">
            <div style="font-family: 'Times New Roman'; font-weight: bold;">ODEY HOLDINGS AG</div>
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          <td style="width: 42.7%; vertical-align: top;">&#160;</td>
          <td style="width: 57.3%; vertical-align: top;">&#160;</td>
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          <td style="width: 42.7%; vertical-align: top;">&#160;</td>
          <td style="width: 57.3%; vertical-align: top; border-bottom: #000000 1px solid;">
            <div style="font-family: 'Times New Roman';">By: /s/ Jack Satt</div>
          </td>
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          <td style="width: 42.7%; vertical-align: top;">&#160;</td>
          <td style="width: 57.3%; vertical-align: top; border-top: #000000 1px solid;">
            <div style="font-family: 'Times New Roman';">Jack Satt, Chief Compliance Officer</div>
          </td>
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          <td style="width: 42.7%; vertical-align: top;">&#160;</td>
          <td style="width: 57.3%; vertical-align: top;">&#160;</td>
        </tr>
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          <td style="width: 42.7%; vertical-align: top;">&#160;</td>
          <td style="width: 57.3%; vertical-align: top;">&#160;</td>
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          <td style="width: 42.7%; vertical-align: top;">&#160;</td>
          <td style="width: 57.3%; vertical-align: top;">
            <div style="font-family: 'Times New Roman'; font-weight: bold;">ROBIN CRISPIN WILLIAM ODEY</div>
          </td>
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          <td style="width: 42.7%; vertical-align: top;">&#160;</td>
          <td style="width: 57.3%; vertical-align: top;">&#160;</td>
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          <td style="width: 42.7%; vertical-align: top;">&#160;</td>
          <td style="width: 57.3%; vertical-align: top; border-bottom: #000000 1px solid;">
            <div style="font-family: 'Times New Roman';">By: /s/ Jack Satt</div>
          </td>
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          <td style="width: 42.7%; vertical-align: top;">&#160;</td>
          <td style="width: 57.3%; vertical-align: top; border-top: #000000 1px solid;">
            <div style="font-family: 'Times New Roman';">Jack Satt, as attorney-in-fact for Robin Crispin William Odey*</div>
            <div>&#160;</div>
            <div style="text-align: justify; font-family: 'Times New Roman';">*The Power of Attorney executed by Mr. Odey authorizing the signatory to sign and file this Schedule 13G on Mr. Odey&#8217;s behalf, filed as Exhibit 99 to the Form
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>exhibit99-1.htm
<TEXT>
<html>
  <head>
    <title></title>
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  <div>
    <div style="text-align: right; font-family: 'Times New Roman'; font-weight: bold;"><u>Exhibit 99.1</u></div>
    <div><br>
    </div>
    <div style="text-align: center; margin-bottom: 12pt; font-family: 'Times New Roman'; font-weight: bold;">JOINT FILING AGREEMENT</div>
    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman';">This Joint Filing Agreement, dated as of February 14, 2020, is by and among Odey Asset Management Group Ltd, Odey Asset Management LLP, Odey Holdings
      AG and Robin Crispin William Odey (collectively, the "Filers").</div>
    <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman';">Each of the Filers may be required to file with the United States Securities and Exchange Commission a statement on Schedule 13G and/or 13D with
      respect to shares of Class A Ordinary Shares of Valaris plc beneficially owned by them from time to time.</div>
    <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman';">Pursuant to and in accordance with Rule 13(d)(1)(k) promulgated under the Securities Exchange Act of 1934, as amended, the Filers hereby agree to file
      a single statement on Schedule 13G and/or 13D (and any amendments thereto) on behalf of each of such parties, and hereby further agree to file this Joint Filing Agreement as an exhibit to such statement, as required by such rule.</div>
    <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman';">This Joint Filing Agreement may be terminated by any of the Filers upon one week's prior written notice (or such lesser period of notice as the Filers
      may mutually agree) to the other party.</div>
    <div style="text-align: justify; font-family: 'Times New Roman'; font-weight: bold;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman';">Executed and delivered as of the date first above written.</div>
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          <td style="width: 42.7%; vertical-align: top;">&#160;</td>
          <td style="width: 57.3%; vertical-align: top;">
            <div style="font-family: 'Times New Roman'; font-weight: bold;">ODEY ASSET MANAGEMENT GROUP LTD</div>
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          <td style="width: 42.7%; vertical-align: top;">&#160;</td>
          <td style="width: 57.3%; vertical-align: top;">&#160;</td>
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          <td style="width: 42.7%; vertical-align: top;">&#160;</td>
          <td style="width: 57.3%; vertical-align: top;">
            <div style="font-family: 'Times New Roman';">By: /s/ Jack Satt</div>
          </td>
        </tr>
        <tr>
          <td style="width: 42.7%; vertical-align: top;">&#160;</td>
          <td style="width: 57.3%; vertical-align: top;">
            <div style="font-family: 'Times New Roman';">Jack Satt, Chief Compliance Officer</div>
          </td>
        </tr>
        <tr>
          <td style="width: 42.7%; vertical-align: top;">&#160;</td>
          <td style="width: 57.3%; vertical-align: top;">&#160;</td>
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          <td style="width: 42.7%; vertical-align: top;">&#160;</td>
          <td style="width: 57.3%; vertical-align: top;">&#160;</td>
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            <div style="font-family: 'Times New Roman'; font-weight: bold;">ODEY ASSET MANAGEMENT LLP</div>
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            <div style="font-family: 'Times New Roman';">By: /s/ Jack Satt</div>
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            <div style="font-family: 'Times New Roman';">Jack Satt, Chief Compliance Officer</div>
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            <div style="font-family: 'Times New Roman'; font-weight: bold;">ODEY HOLDINGS AG</div>
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            <div style="font-family: 'Times New Roman';">By: /s/ Jack Satt</div>
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          <td style="width: 42.7%; vertical-align: top;">&#160;</td>
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            <div style="font-family: 'Times New Roman';">Jack Satt, Chief Compliance Officer</div>
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            <div style="font-family: 'Times New Roman'; font-weight: bold;">ROBIN CRISPIN WILLIAM ODEY</div>
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            <div style="font-family: 'Times New Roman';">By: /s/ Jack Satt</div>
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            <div style="font-family: 'Times New Roman';">Jack Satt, as attorney-in-fact for Robin Crispin William Odey*</div>
            <div>&#160;</div>
            <div style="text-align: justify; font-family: 'Times New Roman';">*The Power of Attorney executed by Mr. Odey authorizing the signatory to sign and file this Schedule 13G on Mr. Odey&#8217;s behalf, filed as Exhibit 99 to the Form
              13F filed with the Securities and Exchange Commission on August 14, 2018 by Mr. Odey is incorporated herein by reference.</div>
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