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For immediate release
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10 October 2024
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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:
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Hunting PLC
Ben Willey, Company Secretary
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Tel: +44 (0)20 7321 0123
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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.