On 21 November 2024, the Board of Ithaca Energy plc announced a special dividend for the Financial Year 2024 of $200 million, representing $0.1209 per ordinary share. The special dividend will be paid on 20 December 2024 to shareholders on the share register on 29 November 2024.
As previously announced, the dividend is payable in cash in Sterling to holders of the ordinary shares. Sterling dividends will be converted from US dollars at an average of the mid-point of the market exchange rate over the three dealing dates on 3 December, 4 December and 5 December 2024 (£1 = US$1.2694). Accordingly, the amount of the sterling dividend payable in cash on 20 December 2024 will be 9.5242 pence per share.
