Hunting PLC Payment of 2023 Final Dividend in Sterling

RNS Number : 0797M

Hunting PLC

25 April 2024

 

For immediate release

25 April 2024

 

Hunting PLC

 

("Hunting" or the "Company")

 

Payment of 2023 Final Dividend in Sterling

 

Hunting PLC (HTG) the global precision engineering group today announces the foreign exchange conversion rate to Sterling for the final dividend to be paid to shareholders on 10 May 2024.

 

At the Company's Annual General Meeting on 17 April 2024, shareholders approved the Directors' recommendation to declare and pay a final dividend in respect of the year ended 31 December 2023 of 5.0 cents per share.

 

The conversion rate has been determined by taking the average US dollar/Sterling exchange rate between 23-25 April 2024, resulting in a final exchange rate to be applied of US$1.2434 to £1.

 

The final Sterling dividend to be paid to shareholders will therefore be:

 

4.0212 pence per Ordinary share.

 

For further information please contact:

 

Hunting PLC Ben Willey, Company Secretary

Tel: [phone]

 

Notes to Editors:

 

About Hunting PLC

 

Hunting is a global engineering group that provides precision-engineered equipment and premium services, which add value for our customers. Established in 1874, it is a premium listed public company traded on the London Stock Exchange. The Company maintains a corporate office in Houston and is headquartered in London. As well as the United Kingdom, the Company has operations in China, Indonesia, Mexico, Netherlands, Norway, Saudi Arabia, Singapore, United Arab Emirates and the United States of America.

 

The Group reports in US dollars across five operating segments: Hunting Titan; North America; Subsea Technologies; Europe, Middle East and Africa ("EMEA"); and Asia Pacific.

 

Hunting PLC's Legal Entity Identifier is 2138008S5FL78ITZRN66.

 

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