Completion of acquisition of the Titan Group

RNS Number : 4378O

Hunting PLC

16 September 2011

 



For immediate release                                                                                        16 September 2011

Hunting PLC

("Hunting" or the "Company")

Completion of acquisition of the Titan Group

Further to the announcement on 15 September 2011, Hunting PLC (LSE:HTG), the international energy services group, is pleased to announce that the acquisition of TSI Acquisition Holdings LLC and its subsidiaries (the "Titan Group") completed today.  The Titan Group is now wholly owned by the Company.

For further information please contact:

Hunting PLC	[phone]
Dennis Proctor, Chief Executive
Peter Rose, Finance Director
DC Advisory Partners	[phone]
Andrew Cunningham
Michelle Le Merre
Buchanan	[phone]
Richard Darby
Jeremy Garcia

Notes to Editors:

About Hunting PLC

Hunting PLC is an international energy services provider to the world's leading upstream oil and gas companies. Established in 1874, it is a fully 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 principal operations in Canada, China, Hong Kong, Indonesia, Mexico, Netherlands, Singapore, United Arab Emirates and the United States of America.

This announcement has been issued by and is the sole responsibility of Hunting PLC.  No representation or warranty, express or implied, is or will be made as to, or in relation to, and no responsibility or liability is or will be accepted by, DC Advisory Partners Limited or any of its respective affiliates or agents as to or in relation to, the accuracy or completeness of this announcement or any other written or oral information made available to or publicly available to any interested party or its advisers, and any liability therefor is expressly disclaimed. 

DC Advisory Partners Limited, which is authorised and regulated by the UK Financial Services Authority, is acting exclusively for Hunting and no one else and will not be responsible to any person other than Hunting for providing the protections afforded to customers of DC Advisory Partners Limited or in relation to the contents of this announcement or any other transaction, arrangement or matter referred to herein.

 

END

 

 

ACQQQLFFFKFZBBF