Ithaca Energy PLC Announcement of Interim Dividend
2024年3月21日 - 4:00PM
RNS Regulatory News
RNS Number : 6831H
Ithaca Energy PLC
21 March 2024
Press release
21
March 2024
Ithaca Energy
plc ("Ithaca Energy" or the "Group")
Announcement of Interim Dividend
Ithaca Energy is pleased to announce
its third interim dividend of $134 million, representing $0.1321
per ordinary share. The third interim dividend will be paid on 17
April 2024 to shareholders on the share register on 2 April
2024.
The dividend is payable in cash in
Sterling to holders of the ordinary shares. Sterling dividends
payable will be converted from US dollars at the average of
the mid-point of the market exchange rate on 27 March, 28 March and
2 April 2024. Accordingly, the Group will confirm the foreign
exchange rate and the amount of the Sterling dividend payable in
pence per share on 4 April 2024.
Enquiries
About Ithaca Energy plc
Ithaca Energy is a leading UK
independent exploration and production company focused on the UK
North Sea with a strong track record of material value creation. In
recent years, the Company has been focused on growing its portfolio
of assets through both organic investment programmes and
acquisitions and has seen a period of significant M&A driven
growth centred upon two transformational acquisitions in recent
years. Today, Ithaca Energy is one of the largest independent oil
and gas companies in the United Kingdom Continental Shelf (the
"UKCS"), ranking second by resources.
With stakes in six of the ten
largest fields in the UKCS and two of UKCS's largest
pre-development fields, and with energy security currently being a
key focus of the UK Government, the Group believes it can utilise
its significant reserves and operational capabilities to play a key
role in delivering security of domestic energy supply from the
UKCS.
Ithaca Energy serves today's needs
for domestic energy through operating sustainably. The Group
achieves this by harnessing Ithaca Energy's deep operational
expertise and innovative minds to collectively challenge the norm,
continually seeking better ways to meet evolving
demands.
Ithaca Energy's commitment to
delivering attractive and sustainable returns is supported by a
well-defined emissions-reduction strategy with a target of
achieving net zero by 2040.
Ithaca Energy plc was admitted to
trading on the London Stock Exchange (LON: ITH) on 14 November
2022.
-ENDS-
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