Business
Dividend Declaration
Ithaca Energy plc announced a 2025 interim dividend of $167 million, equivalent to $0.1010 per ordinary share. The dividend will be paid on September 26, 2025, to shareholders registered on September 5, 2025. The sterling equivalent will be calculated using the average mid-market exchange rate from September 8th to 10th, 2025, with the final amount announced on September 11, 2025. Disclaimer*
About this update from Ithaca Energy Plc
[{"type":"text","content":"\n\n20 August 2025\n \nIthaca Energy plc (\"Ithaca Energy\" or the \"Group\")\n \nAnnouncement of 2025 Interim Dividend\nIthaca Energy is pleased to announce its first interim dividend for 2025 of $167 million, representing $0.1010 per ordinary share. The first interim dividend will be paid on 26 September 2025 to shareholders on the share register on 5 September 2025.\nThe 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 8 September, 9 September and 10 September 2025. Accordingly, the Group will confirm the foreign exchange rate and the amount of the Sterling dividend payable in pence per share on 11 September 2025.\n \nEnquiries\n \n\n\n\n\nIthaca Energy\n\n\n\n\n\n\n\nKathryn Reid - Head of Investor Relations & External Affairs\n\n\[email protected]\n\n\n\n\n\n\n\n\n\n\n\n\nCamarco (PR Advisers to Ithaca Energy)\n\n\n+44 (0)203 757 4980\n\n\n\n\nBilly Clegg / Owen Roberts / Violet Wilson\n\n\[email protected]\n\n\n\n\n\n\n\n\n\n\n\n\nAbout Ithaca Energy plc\n \nIthaca Energy is a leading UK independent exploration and production company 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.\n \nWith 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.\n \nIthaca Energy serves today's needs for domestic energy through operating sustainably. The Group achieves this by harnessing Ithaca Energy's de...