REG - Hunting PLC - Payment of 2024 Interim Dividend in Sterling

HuntingAnnouncement

10/10/2024 16:00

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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                     Tel: +44 (0)20 7321 0123

 Ben Willey, Company Secretary

 

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.

 

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