Member Info for HANK13

There was a dividend paid recently. 2-3 weeks ago. And there will be more throughout the year.

Is it still looking like 1.21p/share?

We should be paid today. Does anyone know when, as I'm not showing anything? Cheers.

I've been here for 7 years, and seen my money plummet. Enough is enough! I sold on Friday and it cleared before the extra 11% hit. A massive loss is better than total wipe-out. Good luck all.

This payment was a tiny one, but I've seen several mentions of a better series of potential payments in 2024 and 2025 (and probably another small one in 2026). Anyone have a reasonable guesstimate of what the next payments could/should look like?

Kever... 6.48p over the next 2 years. Seriously? If so, how do you predict that breaking down in the next 4 or 5 payments? Thanks.

Do we know when and how much we'll get yet?

Is your moronic statement aimed at me?

How will that new Prax deal affect us?

I believe we are due payments approx...

Oct 2023

April 2024

Oct 2024

April 2025

Oct 2026

April 2026

And 'maybe' Oct 2026

How much per share we get on any of these is unknow.

Senseman... What are your predicted/best guess payments (if oil stays at the current price) for October this year, and each other for 2024, 2025, and the 1? or 2? in 2026. Cheers.

Have the given the new divi schedule yet?

I think...

Sept/October 2023. 0.27p?

Have they announced next divi dates yet, and how bad they are going to be?

We lose the shares, and are awarded special dividend payouts biannually for the next 3 years. Tiny amounts.

My Barclays 0.83p/share has now cleared. :-)

Shares are now showing as Prax specials instead of Hur, and the amount is there, but the value is £zero.

Good!

Anyone, like myself, who still hasn't had their 0.83p/share from Barclays Stockbrokers... They will pay it, but there are delays. They hope to resolve it asap, but are still unsure exactly when it will all clear so they can pay. Sounds like a Prax vs Barclays special moment with the aptly named 'special' dividend.

Biannually.

And I remember reading there will be 2 payments in 2024 and 2 payments in 2025.

Therefore...

2023: End of Sept.

2024: End of March.

2024: End of Sept.

2025: End of March.

2025: End of Sept.

2026: Could be March & Sept again, but I recall only 1 tiny payment. Considering they will NOT pay more than 6.48p/share, in the unlikely event that 2023's Sept payment and 2024+2025 payments get near to 6.48p/share, the 2026 will be a payment of the little remaining. Although I doubt we'll see that 6.48p/share.

With these likely dates in mind, and expecting 6 more payments (possibly 7), I wonder how the 'up to' 6.48p/share will be spread out?

Let's assume we get the max amount, and knowing some of the approximate figures which keep cropping up, could we assume that the 1.21p/share in 2024 and 1.13p/share in 2025 is on EACH payment? And we 'think' Sept 2023 could be 0.27p/share, and 2026 could be 0.35p/share. So... potentially...

2023: End of Sept. 0.27p/share.

2024: End of March. 1.21p/share.

2024: End of Sept. 1.21p/share.

2025: End of March. 1.13p/share.

2025: End of Sept. 1.13p/share.

2026: One payement? 0.35p/share.

Total: 5.3p/share. Leaving 1.18p/share owed (if meeting the 6.48p/share target), and therefore potential of slightly more on each of these dates, and a possible 2nd payment at the end of 2026.

Maybe.

Senseman, can you make 'sense' of the 2023-2026 payments thing I posted? Would be nice to get a rough idea of when payments might happen (1 or 2 in 2024 and 2025), and potential pence/share, etc. Thanks.

Does this make any sense to anyone? The 0.83p cash consideration is in the 2024 Standalone? Is it by chance the same figure, or is it the cash just received (by some)? Where does the 6.02p total land? How does the max 6.48p left up to 2026 figure into these numbers? I read one thing, then this, and question everything.

Returns to Shareholders 2023 2024 2025 2026 2027 Total

Hurricane Standalone 3.32p 0.83p 2.07p 1.94p 0.00p 8.17p

Acquisition 6.29p 1.21p 1.13p 0.35p 0.00p 8.98p

(through Special Dividends and DCUs)

Cumulative Variance +90% +81% +39% +10% +10% +10%

(Acquisition vs Standalone)

Holders of Deferred Consideration Units will benefit from 17.5% of all other Net Revenues, including from any acquisitions made by the Hurricane Group, from 1 March 2023 until 31 December 2026 meaning the Acquisition, assuming full value is delivered by the Deferred Consideration Units and the declaration and payment of the Supplementary Dividend in full will deliver Hurricane Shareholders 12.50 pence per share.