Hunting PLC Payment of 2024 Interim Dividend in Sterling

RNS Number : 7611H

Hunting PLC

10 October 2024

 

For immediate release

10 October 2024

 

Hunting PLC

 

("Hunting" or the "Company")

 

Payment of 2024 Interim Dividend in Sterling

 

Hunting PLC (LSE: HTG), the global precision engineering group, today announces the foreign exchange conversion rate to Sterling for the Interim Dividend to be paid to shareholders on 25 October 2024.

 

As announced in the Company's 2024 Interim Results on 29 August 2024, the Directors declared an interim dividend of 5.5 cents per share.

 

The conversion rate has been determined by taking the average US dollar/Sterling exchange rate between 8-10 October 2024, resulting in a final exchange rate to be applied of US$1.3094 to £1.

 

The final Sterling value of the dividend to be paid to shareholders will therefore be:

 

4.2004 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, precision engineering group that provides precision-manufactured equipment and premium services, which add value for our customers. Established in 1874, it is a listed public company, quoted on the London Stock Exchange in the Equity Shares in Commercial Companies ("ESCC") category. 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, India, 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.

 

The Group also reports revenue and EBITDA financial metrics based on five product groups: OCTG, Perforating Systems, Subsea, Advanced Manufacturing and Other Manufacturing.

 

Hunting PLC's Legal Entity Identifier is 2138008S5FL78ITZRN66.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 

END

 

 

DIVZBLFFZBLXFBL