REG - Hunting PLC - Director/PDMR Shareholding

HuntingAnnouncement

06/03/2024 17:30

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RNS Number : 8906F  Hunting PLC  06 March 2024

 For Immediate Release    6 March 2024

 

Hunting PLC

("Hunting" or "the Company")

 

Directors Shareholding/PDMR

 

Hunting PLC today announces that in line with the shareholder approved
Directors' Remuneration Policy, the annual bonus due to the Executive
Directors has been partially settled in Hunting PLC ordinary shares (shares).

 

Under the Annual Performance-Linked Bonus Plan rules, the post-tax value of
25% of the 2023 bonus has been delivered at a closing mid-market price on 29
February 2024 of 334.5 pence per share, from market purchased shares held in
trust by the Hunting Employee Benefit Trust.

 

As a result Jim Johnson receives 52,652 shares and Bruce Ferguson receives
16,434 shares. The shares are to be retained for a minimum of two years.

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Jim Johnson
 2    Reason for the notification
 a)   Position/status                                              Chief Executive
 b)   Initial notification /Amendment                              Initial
 3    Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor
 a)   Name                                                         Hunting PLC
 b)   LEI                                                          2138008S5FL78ITZRN66
 4    Details of the transaction(s): section to be repeated for (i) each type of
      instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted
      TRANSACTION 1
      Description of the financial instrument, type of instrument  Ordinary Shares of 25 pence each

      Identification code                                          ISIN:- GB0004478896

      Nature of the transaction                                    Delivery of 25% of post-tax value of annual bonus in shares
      Price(s) and volume(s)                                       Price(s)                        Volume(s)
                                                                   334.5 pence                     52,652 Ordinary Shares

      Date of the transaction                                      5  March  2024
      Place of the transaction                                     London
 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Bruce Ferguson

 2    Reason for the notification
 a)   Position/status                                              Finance Director
 b)   Initial notification /Amendment                              Initial
 3    Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor
 a)   Name                                                         Hunting PLC
 b)   LEI                                                          2138008S5FL78ITZRN66
 4    Details of the transaction(s): section to be repeated for (i) each type of

    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted
      TRANSACTION 1
      Description of the financial instrument, type of instrument  Ordinary Shares of 25 pence each

      Identification code                                          ISIN:- GB0004478896

      Nature of the transaction                                    Delivery of 25% of post-tax value of annual bonus in shares
      Price(s) and volume(s)                                       Price(s)                        Volume(s)
                                                                   334.5  pence                    16,434 Ordinary Shares

      Date of the transaction                                      5 March 2024
      Place of the transaction                                     London

 For further information please contact:

 

 Ben Willey, Company Secretary  020 7321 0123

 

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