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For
Immediate Release
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3 February
2025
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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
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Tel: +44 (0) 20 7321
0123
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Buchanan
Ben Romney
Barry Archer
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Tel: +44 (0) 20 7466
5000
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or
lon.IR@hunting-intl.com
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.
