Ithaca Energy PLC
07 September 2026
7 September 2026
Ithaca Energy plc ("Ithaca Energy" or the "Group")
Payment of first interim dividend in sterling for 2026
On 19 August 2026, the Board of Ithaca Energy announced its first interim dividend for 2026 of $255 million, representing $0.1542 per ordinary share. The first interim dividend will be paid on 24 September 2026 to shareholders on the share register on 4 September 2026.
As previously announced, the dividend is payable in cash in Sterling to holders of ordinary shares. Sterling dividends have been converted from US dollars at the average of the mid-point of the market exchange rate over the three dealing days on 2 September, 3 September and 4 September 2026 (£1 = US$1.3509). Accordingly, the amount of the sterling dividend payable in cash on 24 September 2026 will be 11.4146 pence per share.
Enquiries
|
Ithaca Energy |
|
|
Kathryn Reid - Head of Investor Relations, Corporate Affairs & Communications |
|
|
Camarco (PR Advisers to Ithaca Energy) |
+44 (0)203 757 4980 |
|
Billy Clegg / Owen Roberts / Violet Wilson |
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 three transformational acquisitions in recent years, including the recent Business Combination with Eni UK. Today, Ithaca Energy is one of the largest independent oil and gas companies in the United Kingdom Continental Shelf (the "UKCS"), ranking second largest independent by production with the largest resource base.
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 ahead of targets set out in the North Sea Transition Deal.
Ithaca Energy plc was admitted to trading on the London Stock Exchange (LON: ITH) on 14 November 2022.
-ENDS-
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
ENDRNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.