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VALLOUREC: Dividend payment in shares and cash

                VALLOUREC: Dividend payment in shares and cash   Press release  June 2014  Dividend payment in shares and cash  Boulogne-Billancourt, 25  June  2014  -  In  accordance  with  the  resolution  approved by  the  Shareholders' Meeting  on  28 May  2014,  shareholders  were  invited to choose to receive  the dividend payment in  cash or in new  shares.  The dividend in  respect of  the financial  year 2013 was  set at  € 0.81  per  share.  This operation resulted in the creation  of 518,416 new shares (i.e. 0.4%  of  the share capital) issued at a price of € 35.69 per share delivered and listed on Euronext Paris today.  The new shares are issued  with all rights attached as  of 1 January 2014  and  are completely assimilated with existing shares. Following this operation, the share capital of the company is comprised of 128,678,016 shares.  The payment of the dividend in cash, for an amount of € 84.7 million also took place today.  About Vallourec  Vallourec is a world leader in premium tubular solutions primarily serving the energy markets, as well as other industrial applications.  With over 24,000 employees, integrated manufacturing facilities, advanced  R&D  and a  presence in  more than  20 countries,  Vallourec offers  its  customers  innovative global solutions to meet the energy challenges of the 21st century.  Listed on Euronext in Paris (ISIN code: FR0000120354, Ticker VK) and  eligible  for the  Deferred  Settlement  System  (SRD), Vallourec  is  included  in  the  following indices: MSCI World Index, Euronext 100 and SBF 120.  In the United States, Vallourec has  established a sponsored Level 1  American  Depositary Receipt  (ADR) program  (ISIN code:  US92023R2094, Ticker:  VLOWY).  Parity between ADR and a Vallourec ordinary share has been set at 5:1. Follow us on Twitter @VallourecGroup  For further information, please contact Investor relations              Press relations Etienne Bertrand                Caroline Philips Tel: +33 (0)1 49 09 35 58       Tel: +33 (0)1 41 03 77 50  140625_Vallourec press release_Dividend Payment in PDF  ------------------------------------------------------------------------------  This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients. The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein. Source: VALLOUREC via Globenewswire HUG#1802911  
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