<SEC-DOCUMENT>0000905148-22-000263.txt : 20220214
<SEC-HEADER>0000905148-22-000263.hdr.sgml : 20220214
<ACCEPTANCE-DATETIME>20220214144322
ACCESSION NUMBER:		0000905148-22-000263
CONFORMED SUBMISSION TYPE:	SC 13G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20220214
DATE AS OF CHANGE:		20220214

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Valaris Ltd
		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:		22629787

	BUSINESS ADDRESS:	
		STREET 1:		CLARENDON HOUSE
		STREET 2:		2 CHURCH STREET
		CITY:			HAMILTON
		STATE:			D0
		ZIP:			HM 11
		BUSINESS PHONE:		4402076594660

	MAIL ADDRESS:	
		STREET 1:		CLARENDON HOUSE
		STREET 2:		2 CHURCH STREET
		CITY:			HAMILTON
		STATE:			D0
		ZIP:			HM 11

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Valaris plc
		DATE OF NAME CHANGE:	20190801

	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

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Lodbrok Capital LLP
		CENTRAL INDEX KEY:			0001778719
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			X0
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G

	BUSINESS ADDRESS:	
		STREET 1:		55 ST JAMESS STREET
		CITY:			LONDON
		STATE:			X0
		ZIP:			SW1A 1LA
		BUSINESS PHONE:		44-207-509-6610

	MAIL ADDRESS:	
		STREET 1:		55 ST JAMESS STREET
		CITY:			LONDON
		STATE:			X0
		ZIP:			SW1A 1LA
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G
<SEQUENCE>1
<FILENAME>efc22-116_sc13g.htm
<TEXT>
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    <div style="text-align: center;">&#160;</div>
    <div>
      <div><br>
        <hr align="center" style="border: none; border-bottom: 1px solid black; border-top: 4px solid black; height: 10px; color: #ffffff; background-color: #ffffff; text-align: center; margin-left: auto; margin-right: auto;"></div>
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    <div style="text-align: center;">&#160;</div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;">UNITED STATES<br>
      SECURITIES AND EXCHANGE COMMISSION</div>
    <div>&#160;</div>
    <div style="text-align: center; font-weight: bold;">Washington, D.C. 20549</div>
    <div>&#160;</div>
    <div style="text-align: center; font-size: 18pt; font-weight: bold;">SCHEDULE 13G</div>
    <div>&#160;</div>
    <div style="text-align: center; font-weight: bold;">Under the Securities Exchange Act of 1934<br>
      (Amendment No.&#160; )*</div>
    <div>&#160;</div>
    <div style="text-align: center; font-size: 12pt;">Valaris Limited
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    <div>
      <div style="text-align: center;">(Name of Issuer)</div>
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    <div>&#160;</div>
    <div style="text-align: center;">Common Shares, $0.01 par value per share
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      <div style="text-align: center;">(Title of Class of Securities)</div>
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    <div>&#160;</div>
    <div style="text-align: center;">G9460G101
      <hr noshade="noshade" align="center" style="height: 1px; width: 100%; color: #000000; background-color: #000000; margin-left: auto; margin-right: auto; border: none;"></div>
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      <div style="text-align: center;">(CUSIP Number)</div>
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    <div>&#160;</div>
    <div style="text-align: center;">December 31, 2021
      <hr noshade="noshade" align="center" style="height: 1px; width: 100%; color: #000000; background-color: #000000; margin-left: auto; margin-right: auto; border: none;"></div>
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      <div style="text-align: center;">(Date of Event Which Requires Filing of this Statement)</div>
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    <div>&#160;</div>
    <div>Check the appropriate box to designate the rule pursuant to which this Schedule is filed:</div>
    <div>&#160;</div>
    <div style="text-indent: 18pt;">&#9746; Rule 13d-1(b)</div>
    <div>&#160;</div>
    <div style="text-indent: 18pt;">&#9744; Rule 13d-1(c)</div>
    <div>&#160;</div>
    <div style="text-indent: 18pt;">&#9744; Rule 13d-1(d)</div>
    <div>&#160;</div>
    <div>* 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.</div>
    <div>&#160;</div>
    <div>The information required in the remainder of this cover page shall not be deemed to be &#8220;filed&#8221; for the purpose of Section 18 of the Securities Exchange Act of 1934 (&#8220;Act&#8221;) 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>
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    <div style="text-align: center;">Continued on following pages</div>
    <div style="text-align: center;">Page 1 of 5 Pages</div>
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              <td style="width: 1%; vertical-align: bottom;">&#160;</td>
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                <div style="text-align: center;">SCHEDULE 13G</div>
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              <td style="width: 32%; vertical-align: middle;">&#160;</td>
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                <div style="font-family: 'Times New Roman', serif; font-size: 12pt;">CUSIP No. G9460G101</div>
              </td>
              <td style="width: 1%; vertical-align: bottom;">&#160;</td>
              <td style="width: 33%; vertical-align: top;">&#160;</td>
              <td style="width: 1%; vertical-align: bottom;">&#160;</td>
              <td style="width: 32%; vertical-align: bottom;">
                <div style="text-align: right; font-family: 'Times New Roman', serif; font-size: 12pt;">Page <font id="DSPFPageNumber">2</font> of 4 Pages</div>
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          <tr>
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              <div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">1</div>
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            <td colspan="3" style="BORDER-TOP: #000000 1pt solid; VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid; WIDTH: 89.86%">
              <div style="FONT-WEIGHT: bold; TEXT-ALIGN: left">NAMES OF REPORTING PERSONS</div>
            </td>
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              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
            <td style="BORDER-TOP: #000000 1pt solid; BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 1.74%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
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            <td colspan="3" rowspan="2" style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; PADDING-LEFT: 2pt; BORDER-LEFT: #000000 1pt solid; WIDTH: 89.86%">
              <div style="TEXT-ALIGN: left">&#160;Lodbrok Capital LLP</div>
            </td>
            <td style="VERTICAL-ALIGN: middle; WIDTH: 2.05%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
            <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 1.74%">
              <div style="TEXT-ALIGN: left">&#160;</div>
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          </tr>
          <tr>
            <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 2.05%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
            <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 1.74%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
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            <td rowspan="3" style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 6.36%">
              <div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">2</div>
            </td>
            <td colspan="3" style="VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid; WIDTH: 89.86%">
              <div style="FONT-WEIGHT: bold; TEXT-ALIGN: left">CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP</div>
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            <td style="VERTICAL-ALIGN: middle; WIDTH: 2.05%">&#160;</td>
            <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: middle; WIDTH: 1.74%">&#160;</td>
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              <div style="TEXT-ALIGN: left">(a)<font style="FONT-FAMILY: 'Times New Roman'">&#9744;</font></div>
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            <td style="VERTICAL-ALIGN: middle; WIDTH: 2.05%">&#160;</td>
            <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: middle; WIDTH: 1.74%">&#160;</td>
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            <td colspan="3" style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 89.86%">
              <div style="TEXT-ALIGN: left">(b)<font style="FONT-FAMILY: ''Times New Roman''">&#9744;</font></div>
            </td>
            <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 2.05%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
            <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 1.74%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
          </tr>
          <tr>
            <td rowspan="3" style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 6.36%">
              <div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">3</div>
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            <td colspan="3" style="VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid; WIDTH: 89.86%; BACKGROUND-COLOR: #bfbfbf">
              <div style="FONT-WEIGHT: bold; TEXT-ALIGN: left">SEC USE ONLY</div>
            </td>
            <td style="VERTICAL-ALIGN: middle; WIDTH: 2.05%; BACKGROUND-COLOR: #bfbfbf">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
            <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 1.74%; BACKGROUND-COLOR: #bfbfbf">
              <div style="TEXT-ALIGN: left">&#160;</div>
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              <div style="TEXT-ALIGN: left">&#160;</div>
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              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
            <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 1.74%">
              <div style="TEXT-ALIGN: left">&#160;</div>
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            <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 2.05%">
              <div style="TEXT-ALIGN: left">&#160;</div>
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            <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 1.74%">
              <div style="TEXT-ALIGN: left">&#160;</div>
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          <tr>
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              <div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">4</div>
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            <td colspan="3" style="VERTICAL-ALIGN: middle; FONT-WEIGHT: bold; BORDER-LEFT: #000000 1pt solid; WIDTH: 89.86%">
              <div style="TEXT-ALIGN: left">CITIZENSHIP OR PLACE OF ORGANIZATION</div>
            </td>
            <td style="VERTICAL-ALIGN: middle; WIDTH: 2.05%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
            <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 1.74%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
          </tr>
          <tr>
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              <div style="TEXT-ALIGN: left">&#160;United Kingdom</div>
            </td>
            <td style="VERTICAL-ALIGN: middle; WIDTH: 2.05%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
            <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 1.74%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 2.05%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
            <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 1.74%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
          </tr>
          <tr>
            <td colspan="2" rowspan="12" style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; FONT-WEIGHT: bold; BORDER-LEFT: #000000 1pt solid; WIDTH: 12.71%">
              <div style="TEXT-ALIGN: center">NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH</div>
            </td>
            <td rowspan="3" style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 6.36%">
              <div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">5</div>
            </td>
            <td style="VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid; WIDTH: 80.18%">
              <div style="FONT-WEIGHT: bold; TEXT-ALIGN: left">SOLE VOTING POWER</div>
            </td>
            <td style="VERTICAL-ALIGN: middle; WIDTH: 2.05%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
            <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 1.74%">
              <div style="TEXT-ALIGN: left">&#160;</div>
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          <tr>
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              <div style="TEXT-ALIGN: left">&#160;4,619,698</div>
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            <td style="VERTICAL-ALIGN: middle; WIDTH: 2.05%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
            <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 1.74%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 2.05%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
            <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 1.74%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
          </tr>
          <tr>
            <td rowspan="3" style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 6.36%">
              <div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">6</div>
            </td>
            <td style="VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid; WIDTH: 80.18%">
              <div style="FONT-WEIGHT: bold; TEXT-ALIGN: left">SHARED VOTING POWER</div>
            </td>
            <td style="VERTICAL-ALIGN: middle; WIDTH: 2.05%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
            <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 1.74%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
          </tr>
          <tr>
            <td rowspan="2" style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; PADDING-LEFT: 2pt; BORDER-LEFT: #000000 1pt solid; WIDTH: 80.18%">
              <div style="TEXT-ALIGN: left">&#160;0</div>
            </td>
            <td style="VERTICAL-ALIGN: middle; WIDTH: 2.05%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
            <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 1.74%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 2.05%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
            <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 1.74%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
          </tr>
          <tr>
            <td rowspan="3" style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 6.36%">
              <div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">7</div>
            </td>
            <td style="VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid; WIDTH: 80.18%">
              <div style="FONT-WEIGHT: bold; TEXT-ALIGN: left">SOLE DISPOSITIVE POWER</div>
            </td>
            <td style="VERTICAL-ALIGN: middle; WIDTH: 2.05%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
            <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 1.74%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
          </tr>
          <tr>
            <td rowspan="2" style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; PADDING-LEFT: 2pt; BORDER-LEFT: #000000 1pt solid; WIDTH: 80.18%">
              <div style="TEXT-ALIGN: left">&#160;4,619,698</div>
            </td>
            <td style="VERTICAL-ALIGN: middle; WIDTH: 2.05%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
            <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 1.74%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 2.05%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
            <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 1.74%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
          </tr>
          <tr>
            <td rowspan="3" style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 6.36%">
              <div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">8</div>
            </td>
            <td style="VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid; WIDTH: 80.18%">
              <div style="FONT-WEIGHT: bold; TEXT-ALIGN: left">SHARED DISPOSITIVE POWER</div>
            </td>
            <td style="VERTICAL-ALIGN: middle; WIDTH: 2.05%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
            <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 1.74%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
          </tr>
          <tr>
            <td rowspan="2" style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; PADDING-LEFT: 2pt; BORDER-LEFT: #000000 1pt solid; WIDTH: 80.18%">
              <div style="TEXT-ALIGN: left">&#160;0</div>
            </td>
            <td style="VERTICAL-ALIGN: middle; WIDTH: 2.05%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
            <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 1.74%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 2.05%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
            <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 1.74%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
          </tr>
          <tr>
            <td rowspan="3" style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 6.36%">
              <div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">9</div>
            </td>
            <td colspan="3" style="VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid; WIDTH: 89.86%">
              <div style="FONT-WEIGHT: bold; TEXT-ALIGN: left">AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</div>
            </td>
            <td style="VERTICAL-ALIGN: middle; WIDTH: 2.05%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
            <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 1.74%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
          </tr>
          <tr>
            <td colspan="3" rowspan="2" style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; PADDING-LEFT: 2pt; BORDER-LEFT: #000000 1pt solid; WIDTH: 89.86%">
              <div style="TEXT-ALIGN: left">&#160;4,619,698</div>
            </td>
            <td style="VERTICAL-ALIGN: middle; WIDTH: 2.05%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
            <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 1.74%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 2.05%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
            <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 1.74%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
          </tr>
          <tr>
            <td rowspan="3" style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 6.36%">
              <div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">10</div>
            </td>
            <td colspan="3" style="VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid; WIDTH: 89.86%">
              <div style="FONT-WEIGHT: bold; TEXT-ALIGN: left">CHECK IF THE AGGREGATE AMOUNT IN ROW (9)&#160;EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)</div>
            </td>
            <td style="VERTICAL-ALIGN: middle; WIDTH: 2.05%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
            <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: middle; WIDTH: 1.74%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
          </tr>
          <tr>
            <td colspan="3" rowspan="2" style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 89.86%">
              <div style="FONT-FAMILY: 'Times New Roman'; TEXT-ALIGN: left">&#9744;</div>
            </td>
            <td style="VERTICAL-ALIGN: middle; WIDTH: 2.05%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
            <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 1.74%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 2.05%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
            <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 1.74%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
          </tr>
          <tr>
            <td rowspan="3" style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 6.36%">
              <div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">11</div>
            </td>
            <td colspan="3" style="VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid; WIDTH: 89.86%">
              <div style="FONT-WEIGHT: bold; TEXT-ALIGN: left">PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)</div>
            </td>
            <td style="VERTICAL-ALIGN: middle; WIDTH: 2.05%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
            <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 1.74%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
          </tr>
          <tr>
            <td colspan="3" rowspan="2" style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; PADDING-LEFT: 2pt; BORDER-LEFT: #000000 1pt solid; WIDTH: 89.86%">
              <div style="TEXT-ALIGN: left">&#160;6.16%</div>
            </td>
            <td style="VERTICAL-ALIGN: middle; WIDTH: 2.05%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
            <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 1.74%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 2.05%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
            <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 1.74%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
          </tr>
          <tr>
            <td rowspan="3" style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; BORDER-LEFT: #000000 1pt solid; WIDTH: 6.36%">
              <div style="FONT-SIZE: 18pt; FONT-WEIGHT: bold; TEXT-ALIGN: center">12</div>
            </td>
            <td colspan="3" style="VERTICAL-ALIGN: middle; BORDER-LEFT: #000000 1pt solid; WIDTH: 89.86%">
              <div style="FONT-WEIGHT: bold; TEXT-ALIGN: left">TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)</div>
            </td>
            <td style="VERTICAL-ALIGN: middle; WIDTH: 2.05%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
            <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 1.74%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
          </tr>
          <tr>
            <td colspan="3" rowspan="2" style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; PADDING-LEFT: 2pt; BORDER-LEFT: #000000 1pt solid; WIDTH: 89.86%">
              <div style="TEXT-ALIGN: left">&#160;OO</div>
            </td>
            <td style="VERTICAL-ALIGN: middle; WIDTH: 2.05%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
            <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; WIDTH: 1.74%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="VERTICAL-ALIGN: middle; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 2.05%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
            <td style="BORDER-RIGHT: #000000 1pt solid; VERTICAL-ALIGN: top; BORDER-BOTTOM: #000000 1pt solid; WIDTH: 1.74%">
              <div style="TEXT-ALIGN: left">&#160;</div>
            </td>
          </tr>

      </table>
    </div>
    <div>&#160;</div>
    <div><br>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div style="width: 100%;" id="DSPFPageFooter"></div>
      <div style="page-break-after: always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
      <div style="width: 100%;" id="DSPFPageHeader">
        <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

            <tr>
              <td style="width: 32.99%; vertical-align: middle;">&#160;</td>
              <td style="width: 1%; vertical-align: bottom;">&#160;</td>
              <td style="width: 33%; vertical-align: middle;">
                <div style="text-align: center;">SCHEDULE 13G</div>
              </td>
              <td style="width: 1%; vertical-align: bottom;">&#160;</td>
              <td style="width: 32%; vertical-align: middle;">&#160;</td>
            </tr>
            <tr>
              <td style="width: 32.99%; vertical-align: top;">
                <div style="font-family: 'Times New Roman', serif; font-size: 12pt;">CUSIP No. G9460G101</div>
              </td>
              <td style="width: 1%; vertical-align: bottom;">&#160;</td>
              <td style="width: 33%; vertical-align: top;">&#160;</td>
              <td style="width: 1%; vertical-align: bottom;">&#160;</td>
              <td style="width: 32%; vertical-align: bottom;">
                <div style="text-align: right; font-family: 'Times New Roman', serif; font-size: 12pt;">Page <font id="DSPFPageNumber">3</font> of 4 Pages</div>
              </td>
            </tr>

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        <div><br>
        </div>
      </div>
    </div>
    <div>&#160;</div>
    <table cellspacing="0" cellpadding="0" id="z9247c4e3543744c282aa7baefa104124" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 72pt; vertical-align: top; align: right; color: #000000; font-weight: bold;">Item 1(a)</td>
          <td style="width: auto; vertical-align: top;">
            <div style="color: #000000; font-weight: bold;">Name of Issuer.</div>
          </td>
        </tr>

    </table>
    <div style="margin-left: 72pt;">&#160;</div>
    <div>Valaris Limited (the &#8220;Issuer&#8221;)</div>
    <div>&#160;</div>
    <table cellspacing="0" cellpadding="0" id="zacba31e3993d4297b4a8366d5606f6c7" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 72pt; vertical-align: top; align: right; color: #000000; font-weight: bold;">Item 1(b)</td>
          <td style="width: auto; vertical-align: top;">
            <div style="color: #000000; font-weight: bold;">Address of Issuer&#8217;s Principal Executive Offices.</div>
          </td>
        </tr>

    </table>
    <div style="margin-left: 72pt;">&#160;</div>
    <div>Clarendon House,</div>
    <div>2 Church Street, Hamilton, Bermuda, HM 11</div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="zdadb658c168e41ef8b7b8fc2565ce33a" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 72pt; vertical-align: top; align: right; color: #000000; font-weight: bold;">Item 2(a)</td>
          <td style="width: auto; vertical-align: top;">
            <div style="color: #000000; font-weight: bold;">Name of Person Filing.</div>
          </td>
        </tr>

    </table>
    <div style="margin-left: 72pt;">&#160;&#160;</div>
    <div style="text-align: justify; color: #000000;">Lodbrok Capital LLP (the &#8220;Reporting Person&#8221;)</div>
    <div>&#160;&#160;</div>
    <table cellspacing="0" cellpadding="0" id="z2da3630ca3e044aeb21e4172e2cdf4d5" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 72pt; vertical-align: top; align: right; color: #000000; font-weight: bold;">Item 2(b)</td>
          <td style="width: auto; vertical-align: top;">
            <div style="color: #000000; font-weight: bold;">Address of Principal Business Office.</div>
          </td>
        </tr>

    </table>
    <div style="text-indent: 72pt;">&#160;</div>
    <div>55 St James's Street, London, United Kingdom, SW1A 1LA.</div>
    <div>&#160;</div>
    <table cellspacing="0" cellpadding="0" id="z978d5af1682a423895f16e5cccfd6d6f" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 72pt; vertical-align: top; align: right; color: #000000; font-weight: bold;">Item 2(c)</td>
          <td style="width: auto; vertical-align: top;">
            <div style="color: #000000; font-weight: bold;">Place of Organization.</div>
          </td>
        </tr>

    </table>
    <div style="font-family: 'Times New Roman', serif; font-size: 12pt;">&#160;</div>
    <div style="color: #000000;">United Kingdom</div>
    <div>&#160;</div>
    <table cellspacing="0" cellpadding="0" id="z23086d79446046ce83d258c6890e723b" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 72pt; vertical-align: top; align: right; color: #000000; font-weight: bold;">Item 2(d)</td>
          <td style="width: auto; vertical-align: top;">
            <div style="color: #000000; font-weight: bold;">Title of Class of Securities.</div>
          </td>
        </tr>

    </table>
    <div style="text-align: justify; text-indent: 72pt;">&#160;</div>
    <div style="text-align: justify;">Common Shares, $0.01 par value share (&#8220;Shares&#8221;)</div>
    <div>&#160;</div>
    <table cellspacing="0" cellpadding="0" id="z546e710e819243f69c8ab9a06302673d" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 72pt; vertical-align: top; align: right; color: #000000; font-weight: bold;">Item 2(e)</td>
          <td style="width: auto; vertical-align: top;">
            <div style="color: #000000; font-weight: bold;">CUSIP Number.</div>
          </td>
        </tr>

    </table>
    <div style="text-indent: 72pt;">&#160;</div>
    <div>G9460G101</div>
    <div>&#160;</div>
    <table cellspacing="0" cellpadding="0" id="zca7be655f4a64fef85f9251c02e95df2" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 72pt; vertical-align: top; align: right; color: #000000; font-weight: bold;">Item 3</td>
          <td style="width: auto; vertical-align: top;">
            <div style="color: #000000; font-weight: bold;">Reporting Person.</div>
          </td>
        </tr>

    </table>
    <div style="text-indent: 72pt;">&#160;</div>
    <div>(j) <font style="font-family: 'Segoe UI Symbol', sans-serif;">&#9746;</font> A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J)</div>
    <div><br>
    </div>
    <div>If filing in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution: <u>investment advisor</u></div>
    <div><u>&#160;</u></div>
    <div><font style="font-weight: bold; color: #000000;">Item 4</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 72pt">&#160;</font><font style="color: #000000;"><font style="font-weight: bold;">Ownership</font>.</font></div>
    <div>&#160;</div>
    <table cellspacing="0" cellpadding="0" id="zc8bfb090bf854f16b29bf786edd24a08" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 72pt; vertical-align: top; align: right; color: #000000; font-weight: bold;">Item 4(a)</td>
          <td style="width: auto; vertical-align: top;">
            <div style="color: #000000; font-weight: bold;">Amount Beneficially Owned:</div>
          </td>
        </tr>

    </table>
    <div style="text-indent: 72pt;">&#160;</div>
    <div>As of December 31, 2021, the Reporting Person may be deemed to beneficially own <font style="color: #000000;">4,619,698 </font>Shares.</div>
    <div>&#160;</div>
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        <tr>
          <td style="width: 72pt; vertical-align: top; align: right; color: #000000; font-weight: bold;">Item 4(b)</td>
          <td style="width: auto; vertical-align: top;">
            <div style="color: #000000; font-weight: bold;">Percent of Class:</div>
          </td>
        </tr>

    </table>
    <div style="text-indent: 72pt;">&#160;</div>
    <div>As of December 31, 2021, the Reporting Person may be deemed to beneficially own approximately 6.16% of the total number of Shares outstanding (based upon the information provided by the Issuer in its Form 10-Q filed with the SEC on November 2,
      2021, there were 75,000,045 Shares outstanding as of October 28, 2021).</div>
    <div><br>
    </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="width: 100%;" id="DSPFPageFooter"></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      <div style="width: 100%;" id="DSPFPageHeader">
        <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

            <tr>
              <td style="width: 32.99%; vertical-align: middle;">&#160;</td>
              <td style="width: 1%; vertical-align: bottom;">&#160;</td>
              <td style="width: 33%; vertical-align: middle;">
                <div style="text-align: center;">SCHEDULE 13G</div>
              </td>
              <td style="width: 1%; vertical-align: bottom;">&#160;</td>
              <td style="width: 32%; vertical-align: middle;">&#160;</td>
            </tr>
            <tr>
              <td style="width: 32.99%; vertical-align: top;">
                <div style="font-family: 'Times New Roman', serif; font-size: 12pt;">CUSIP No. G9460G101</div>
              </td>
              <td style="width: 1%; vertical-align: bottom;">&#160;</td>
              <td style="width: 33%; vertical-align: top;">&#160;</td>
              <td style="width: 1%; vertical-align: bottom;">&#160;</td>
              <td style="width: 32%; vertical-align: bottom;">
                <div style="text-align: right; font-family: 'Times New Roman', serif; font-size: 12pt;">Page <font id="DSPFPageNumber">4</font> of 4 Pages</div>
              </td>
            </tr>

        </table>
        <div><br>
        </div>
      </div>
    </div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="ze64c8c78fbe3409dac6490b2971a7a47" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 72pt; vertical-align: top; align: right; color: #000000; font-weight: bold;">Item 4(c)</td>
          <td style="width: auto; vertical-align: top;">
            <div style="color: #000000; font-weight: bold;">Number of Shares of which such person has:</div>
          </td>
        </tr>

    </table>
    <div>&#160;</div>
    <table cellspacing="0" cellpadding="0" id="z3261bafc308e4199b59e1035cdcf1a85" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt; vertical-align: top; align: right; color: #000000;">(i)</td>
          <td style="width: auto; vertical-align: top;">
            <div style="color: #000000;">Sole power to vote or to direct the vote: 4,619,698</div>
          </td>
        </tr>

    </table>
    <div> <br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z605159f06f224f79a0ad9e941e213aca" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt; vertical-align: top; align: right; color: #000000;">(ii)</td>
          <td style="width: auto; vertical-align: top;">
            <div style="color: #000000;">Shared power to vote or to direct the vote : 0</div>
          </td>
        </tr>

    </table>
    <div> <br>
    </div>
    <table cellspacing="0" cellpadding="0" id="zea42f342dd884480acc87d6f638d5ab6" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt; vertical-align: top; align: right; color: #000000;">(iii)</td>
          <td style="width: auto; vertical-align: top;">
            <div style="color: #000000;">Sole power to dispose or to direct the disposition of: 4,619,698</div>
          </td>
        </tr>

    </table>
    <div> <br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z7de2f4367ad747d29fa9a9b312ee2633" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt; vertical-align: top; align: right; color: #000000;">(iv)</td>
          <td style="width: auto; vertical-align: top;">
            <div style="color: #000000;">Shared power to dispose or to direct the disposition of:&#160; 0</div>
          </td>
        </tr>

    </table>
    <div>&#160;</div>
    <table cellspacing="0" cellpadding="0" id="z945862bdbe464e5e9bcb5ad4b8598753" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 72pt; vertical-align: top; align: right; color: #000000; font-weight: bold;">Item 5</td>
          <td style="width: auto; vertical-align: top;">
            <div style="color: #000000; font-weight: bold;">Ownership of Five Percent or Less of a Class.</div>
          </td>
        </tr>

    </table>
    <div style="text-indent: 72pt;">&#160;</div>
    <div>This Item 5 is not applicable.</div>
    <div>&#160;</div>
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        <tr>
          <td style="width: 72pt; vertical-align: top; align: right; color: #000000; font-weight: bold;">Item 6</td>
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            <div style="color: #000000; font-weight: bold;">Ownership of More Than Five Percent on Behalf of Another Person.</div>
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    <div style="text-indent: 72pt;">&#160;</div>
    <div>The Shares reported herein are held for the benefit of various funds managed by the Reporting Person, none of which is known by the Reporting Person to have an interest of more than 5 percent of the class.</div>
    <div>&#160;</div>
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          <td style="width: 72pt; vertical-align: top; align: right; color: #000000; font-weight: bold;">Item 7</td>
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            <div style="color: #000000; font-weight: bold;">Identification and Classification of the Subsidiary which Acquired the Security Being Reported On by the Parent Holding Company.</div>
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    <div style="text-indent: 72pt;">&#160;</div>
    <div>This Item 7 is not applicable.</div>
    <div>&#160;</div>
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          <td style="width: 72pt; vertical-align: top; align: right; color: #000000; font-weight: bold;">Item 8</td>
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    <div style="text-indent: 72pt;">&#160;</div>
    <div>This Item 8 is not applicable.</div>
    <div>&#160;</div>
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          <td style="width: 72pt; vertical-align: top; align: right; color: #000000; font-weight: bold;">Item 9</td>
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    <div style="text-indent: 72pt;">&#160;</div>
    <div>This Item 9 is not applicable.&#160;</div>
    <div>&#160;</div>
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          <td style="width: 72pt; vertical-align: top; align: right; color: #000000; font-weight: bold;">Item 10</td>
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            <div style="color: #000000; font-weight: bold;">Certification.</div>
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    <div style="text-indent: 36pt;">&#160;</div>
    <div>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.</div>
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    <div>By signing below I certify that, to the best of my knowledge and belief, the foreign regulatory scheme applicable to the Reporting Person as an investment manager registered with the Financial Conduct Authority of the United Kingdom is
      substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution(s). I also undertake to furnish to the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D.&#160;</div>
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                <div style="text-align: center;">SCHEDULE 13G</div>
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                <div style="font-family: 'Times New Roman', serif; font-size: 12pt;">CUSIP No. G9460G101</div>
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                <div style="text-align: right; font-family: 'Times New Roman', serif; font-size: 12pt;">Page <font id="DSPFPageNumber">5</font> of 5 Pages</div>
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    <div style="text-align: center; font-weight: bold;">SIGNATURE</div>
    <div>&#160;</div>
    <div style="text-indent: 36pt;">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="text-align: justify; text-indent: 36pt;">&#160;</div>
    <div style="color: #000000;">Date: February 14, 2022</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div style="text-indent: 83.9pt; color: #000000; font-weight: bold;">LODBROK CAPITAL LLP</div>
    <div style="color: #000000;">&#160;</div>
    <div><font style="color: #000000;">&#160;</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 83.9pt">&#160;</font><font style="color: #000000;">By: /s/ Dushy Selvaratnam</font></div>
    <div><font style="color: #000000;">&#160;</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 83.9pt">&#160;</font><font style="color: #000000;">Name: Dushy Selvaratnam</font></div>
    <div><font style="color: #000000;">&#160;</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 83.9pt">&#160;</font><font style="color: #000000;">Title: Partner</font></div>
    <div>&#160;</div>
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