Result of Statutory Audit Tender

RNS Number : 4586H

Hunting PLC

08 June 2017

 

For Immediate Release

8 June 2017

Hunting PLC

("Hunting" or the "Company" or the "Group")

Result of Statutory Audit Tender

Hunting PLC (LSE:HTG) today announces that, in compliance with the Competition and Markets Authority regulations and EU requirements, it has concluded a competitive tender for statutory audit services. Having approved the Audit Committee's recommendation, the Board will propose the appointment of Deloitte LLP for the year commencing 1 January 2019 at the Company's 2019 Annual General Meeting.

PricewaterhouseCoopers LLP will remain the Group's auditors for the financial year ending 31 December 2017 and, subject to shareholder approval at the Company's 2018 Annual General Meeting, for the financial year ending 31 December 2018.

John Nicholas, chairman of Hunting PLC's audit committee, commented:

"We would like to thank PricewaterhouseCoopers for their significant contribution as auditors of the Group since the Company's formation in 1989. We look forward, in due course, to working with Deloitte."

For further information please contact:

Hunting PLC Peter Rose, Finance Director Ben Willey, Company Secretary	Tel: [phone]
Buchanan Richard Darby Madeleine Seacombe	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 operations in Canada, China, Indonesia, Kenya, Mexico, Netherlands, Norway, Saudi Arabia, Singapore, South Africa, United Arab Emirates and the United States of America.

Hunting PLC's Legal Entity Identifier is 2138008S5FL78ITZRN66

 

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