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| Date | 3 Feb 2025 |
| Time | 07:00:07 |
| Category | Board changes |
| ID | 5564V |
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For Immediate Release |
3 February 2025 |
Hunting PLC
("Hunting" or "the Company" or "the Group")
Directorate Change
Hunting PLC (LSE: HTG), the precision engineering group, today confirms that Annell Bay, non-executive Director, has retired after 10 years of service and stepped down from the Board.
The Directors would like to thank Annell for her contribution over the past decade, in particular, as Chair of the Remuneration Committee a position she has held since August 2018.
Further, the Directors would like to confirm that Paula Harris, non-executive Director, has been appointed as Hunting PLC's Chair of the Remuneration Committee with immediate effect.
In accordance with section 430(2B) of the Companies Act 2006, all fees payable up to Ms Bay's retirement date of 1 February 2025 will be disclosed in the 2025 Annual Report and Accounts.
Commenting on Annell Bay's retirement, Stuart M. Brightman, Hunting PLC's Company Chair, said:
"Annell's achievements as Chair of the Remuneration Committee are significant, particularly in the process of developing and gaining strong shareholder approval for the 2024 Directors' Remuneration Policy, a project which took nearly two years to complete and which included strong investor engagement over many months. We wish Annell a happy retirement and thank her for the many years of service to the Company."
For further information please contact:
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Hunting PLC Ben Willey, Company Secretary
|
Tel: +44 (0) 20 7321 0123 |
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Buchanan Ben Romney Barry Archer |
Tel: +44 (0) 20 7466 5000 |
or
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.