Oak Hill Advisors LP Reduces Position in Valaris Ltd to 5.91%

Oak Hill Advisors LP has filed Amendment No. 3 to its Schedule 13D for Valaris Ltd (VAL), reporting a decrease in its holdings. As of the event date on June 4, 2026, the filer reported beneficial ownership of 4,095,067 common shares, representing 5.91% of the class. This is a reduction from the previously reported 4,791,979 shares. The filing details multiple open-market sales conducted between May 27, 2026, and June 4, 2026. Significant transactions during this period include the sale of 100,000 shares on June 1st and 467,586 shares on June 2nd at prices ranging from approximately $93.00 to $94.61 per share. The percentage of ownership is based on 69,251,780 shares outstanding as of May 13, 2026. Oak Hill Advisors LP maintains shared voting and dispositive power over the reported shares. Additionally, an employee of the reporting person holds 5,358 unvested restricted stock units for the benefit of certain OHA clients.