Payment of 2018 Final Dividend in Sterling

RNS Number : 1324X

Hunting PLC

25 April 2019

 

For immediate release

25 April 2019

Hunting PLC

("Hunting" or the "Company")

Payment of 2018 Final Dividend in Sterling

Hunting PLC (LSE : HTG) the international energy services group today announces the foreign exchange conversion rate to Sterling for the final dividend to be paid to shareholders on 10 May 2019.

At the Company's Annual General Meeting on 17 April 2019, shareholders approved the Directors' recommendation to declare and pay a final dividend in respect of the year ended 31 December 2018 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 2019, resulting in a final exchange rate to be applied of US$1.2950 to £1.

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

3.8610 pence per ordinary share

For further information please contact:

Hunting PLC Ben Willey, Company Secretary

Tel: [phone]

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 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 principal operations in Canada, China, Indonesia, Mexico, Netherlands, Singapore, United Arab Emirates and the United States of America.

 

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