Benzinga | Aug 25, 2020 09:22AM EDT

Valaris plc Receives NYSE Notice of Immediate Suspension of Trading and Delisting of Valaris Common Stock

LONDON, Aug. 25, 2020 /PRNewswire/ --Valaris plc (NYSE:VAL) ("Valaris" or the "Company") announced today that on August 19, 2020 it was notified by the New York Stock Exchange ("NYSE") of its determination to indefinitely suspend trading of the Company's common stock and to commence proceedings to delist the Company's common stock from the NYSE. This suspension and delisting by the NYSE is in accordance with Section 802.01D of the NYSE Listed Company Manual due to the Company's voluntary filing for reorganization under Chapter 11 of the Bankruptcy Code on August 19, 2020.