On 17 March 2022, Harbour announced the introduction of an initial $200 million annual dividend, with a proposed final dividend of $100 million (11 US cents per share) for the year ended 31 December 2021 (the “Dividend”), subject to shareholder approval.
If approved, the Dividend will be paid in GBP Sterling on 18 May 2022 to shareholders on the register on 8 April 2022 (the “Record Date”). This announcement confirms the GBP Sterling/US Dollar exchange rate, as at the Record Date, applicable for the Dividend.
Dividend paid in GBP Sterling
11 US cents per share
8.4505 pence per share
Dividend Reinvestment Plan
Harbour operates a Dividend Reinvestment Plan (DRIP) which provides you, a valued shareholder, with the opportunity to use your Harbour Energy dividends to purchase more Harbour Energy ordinary shares, enabling you to increase your shareholding in a convenient and cost effective way. The DRIP Terms and Conditions are available to view and download at shareview.co.uk/info/drip.
To make sure you are accepted into the DRIP before the next dividend, please ensure your completed Dividend Reinvestment Plan Application Form is received by Equiniti no later than 5.00pm on 26 April 2022, which is fifteen (15) working days prior to the next dividend payment date of 18 May 2022. Applications that miss this deadline will only be eligible for subsequent dividends where the DRIP is offered.
To save time and help reduce fraud, Harbour Energy does not pay dividends by cheque. Therefore, if you decide not to participate in the DRIP, you must provide Equiniti with your nominated bank account details in order to receive any cash dividend. A bank mandate form is available online at shareview.co.uk/info/directdividends, or if your holding is less than 2,500 shares, you can provide your payment details online or by phone (restrictions may apply).
If you have any questions about the DRIP then please contact Equiniti on +44 (0)371 384 2030.