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REG - Hunting PLC - Director/PDMR Shareholding

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RNS Number : 5764G  Hunting PLC  12 March 2024

 For Immediate Release
                        12 March  2024

 

Hunting PLC

 

("Hunting" or "the Company")

 

Directors Shareholding/PDMR transactions

 

Hunting PLC today announces that under the rules of the Hunting Performance
Share Plan ("HPSP"), and following the measurement of the relevant performance
conditions, nil cost share awards granted in 2021 to the executive Directors
and members of the Hunting Executive Committee, who are all determined to be
PDMRs, partially vested and were exercised as follows:

 

 PDMR            Position             No. of vested & exercised awards      No. of ordinary shares sold  No. of ordinary shares retained
 Jim Johnson     Executive Director   259,145                               102,228                      156,917
 Bruce Ferguson  Executive Director   58,894                                28,960                       29,934
 Scott George    Executive Committee  55,859                                55,859                       0
 Dane Tipton     Executive Committee  62,585                                24,715                       37,870
 Jason Mai       Executive Committee  48,421                                19,121                       29,300
 Ben Willey      Executive Committee  34,157                                16,111                       18,046
 Greg Farmer     Executive Committee  61,012                                61,012                       0
 Liese Borden    Executive Committee  33,276                                10,486                       22,790
 Ryan Elliot     Executive Committee  27,730                                27,730                       0

 

Mr Johnson's interest in Hunting PLC ordinary shares, as a Director of the
Company, now totals 780,557 ordinary shares, representing 0.47% of the issued
share capital of the Company. Mr Ferguson as a Director of the Company, now
holds 263,035 ordinary shares representing 0.16% of the issued share capital.

 

The performance measures of the awards are noted on page 150 of the Annual
Report and Accounts 2023. The performance period was 1 January 2021 to 31
December 2023.

 

The average selling price of the above ordinary shares was 303.44 pence per
share.

 

 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                                    Vesting and exercise of nil cost share awards over Ordinary Shares in the
                                                                   Company granted on 4 March 2021, under the rules of the Hunting Performance
                                                                   Share Plan.
      Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         0  pence                259,145 Ordinary Shares

      Date of the transaction                                      4 March 2024
      Place of the transaction                                     London
      TRANSACTION 2

      Description of the financial instrument, type of instrument  Ordinary Shares of 25 pence each

      Identification code                                          ISIN:- GB0004478896

      Nature of the transaction                                    Sale of Ordinary Shares to Cover Tax Liabilities
      Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         303.44 pence          102,228 Ordinary Shares

      Date of the transaction                                      8 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                                    Vesting and exercise of nil cost share options over Ordinary Shares in the
                                                                   Company granted on 4 March 2021, under the rules of the Hunting Performance
                                                                   Share Plan.
      Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         0  pence                58,894 Ordinary Shares

      Date of the transaction                                      4 March 2024
      Place of the transaction                                     London
      TRANSACTION 2

      Description of the financial instrument, type of instrument  Ordinary Shares of 25 pence each

      Identification code                                          ISIN:- GB0004478896

      Nature of the transaction                                    Sale of Ordinary Shares to Cover Tax Liabilities
      Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         303.44 pence          28,960 Ordinary Shares

      Date of the transaction                                      8 March  2024
      Place of the transaction                                     London

 

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Scott George
 2    Reason for the notification
 a)   Position/status                                              Executive Committee Member
 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                                    Vesting and exercise of nil cost share awards over Ordinary Shares in the
                                                                   Company granted on 4 March 2021, under the rules of the Hunting Performance
                                                                   Share Plan.
      Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         0  pence                 55,859   Ordinary Shares

      Date of the transaction                                      4 March 2024
      Place of the transaction                                     London

      TRANSACTION 2
      Description of the financial instrument, type of instrument  Ordinary Shares of 25 pence each

      Identification code                                          ISIN:- GB0004478896

      Nature of the transaction                                    Sale of Ordinary Shares
      Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         303.44   pence         55,859   Ordinary Shares

      Date of the transaction                                      8 March 2024
      Place of the transaction                                     London

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Dane Tipton
 2    Reason for the notification
 a)   Position/status                                              Executive Committee Member
 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                                    Vesting and exercise of nil cost share awards over Ordinary Shares in the
                                                                   Company granted on 4 March 2021, under the rules of the Hunting Performance
                                                                   Share Plan.
      Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         0 pence                 62,585 Ordinary Shares

      Date of the transaction                                      4 March 2024
      Place of the transaction                                     London

      TRANSACTION 2
      Description of the financial instrument, type of instrument  Ordinary Shares of 25 pence each

      Identification code                                          ISIN:- GB0004478896

      Nature of the transaction                                    Sale of Ordinary Shares to Cover Tax Liabilities
      Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         303.44 pence             24,715 Ordinary Shares

      Date of the transaction                                      8 March 2024
      Place of the transaction                                     London

 

 

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Jason Mai
 2    Reason for the notification
 a)   Position/status                                              Executive Committee Member
 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                                    Vesting and exercise of nil cost share awards over Ordinary Shares in the
                                                                   Company granted on 4 March 2021, under the rules of the Hunting Performance
                                                                   Share Plan.
      Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                          0  pence                48,241   Ordinary Shares

      Date of the transaction                                      4 March 2024
      Place of the transaction                                     London

      TRANSACTION 2
      Description of the financial instrument, type of instrument  Ordinary Shares of 25 pence each

      Identification code                                          ISIN:- GB0004478896

      Nature of the transaction                                    Sale of Ordinary Shares
      Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         303.44  pence          19,121  Ordinary Shares

      Date of the transaction                                      8 March 2024
      Place of the transaction                                     London

 

 

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Ben Willey
 2    Reason for the notification
 a)   Position/status                                              Executive Committee Member
 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                                    Vesting and exercise of nil cost share options  over Ordinary Shares in the
                                                                   Company granted on 4 March 2021, under the rules of the Hunting Performance
                                                                   Share Plan.
      Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                          0 pence                  34,157  Ordinary Shares

      Date of the transaction                                      4 March 2024
      Place of the transaction                                     London

      TRANSACTION 2
      Description of the financial instrument, type of instrument  Ordinary Shares of 25 pence each

      Identification code                                          ISIN:- GB0004478896

      Nature of the transaction                                    Sale of Ordinary Shares to Cover Tax Liabilities
      Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         303.44  pence         16,111   Ordinary Shares

      Date of the transaction                                      8 March 2024
      Place of the transaction                                     London

 

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Greg Farmer
 2    Reason for the notification
 a)   Position/status                                              Executive Committee Member
 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                                    Vesting and exercise of nil cost share awards over Ordinary Shares in the
                                                                   Company granted on 4 March 2021, under the rules of the Hunting Performance
                                                                   Share Plan.
      Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         0 pence                   61,012 Ordinary Shares

      Date of the transaction                                      4 March 2024
      Place of the transaction                                     London

      TRANSACTION 2
      Description of the financial instrument, type of instrument  Ordinary Shares of 25 pence each

      Identification code                                          ISIN:- GB0004478896

      Nature of the transaction                                    Sale of Ordinary Shares
      Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                           303.44 pence        61,012  Ordinary Shares

      Date of the transaction                                      8 March 2024
      Place of the transaction                                     London

 

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Liese Borden
 2    Reason for the notification
 a)   Position/status                                              Executive Committee Member
 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                                    Vesting and exercise of nil cost share awards over Ordinary Shares in the
                                                                   Company granted on 4 March 2021, under the rules of the Hunting Performance
                                                                   Share Plan.
      Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         0 pence                   33,276  Ordinary Shares

      Date of the transaction                                      4 March 2024
      Place of the transaction                                     London

      TRANSACTION 2
      Description of the financial instrument, type of instrument  Ordinary Shares of 25 pence each

      Identification code                                          ISIN:- GB0004478896

      Nature of the transaction                                    Sale of Ordinary Shares to Cover Tax Liabilities
      Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                           303.44 pence        10,486 Ordinary Shares

      Date of the transaction                                      8 March 2024
      Place of the transaction                                     London

 

 

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Ryan Elliot
 2    Reason for the notification
 a)   Position/status                                              Executive Committee Member
 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                                    Vesting and exercise of nil cost share awards over Ordinary Shares in the
                                                                   Company granted on 4 March 2021, under the rules of the Hunting Performance
                                                                   Share Plan.
      Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         0 pence                   27,730  Ordinary Shares

      Date of the transaction                                      4 March 2024
      Place of the transaction                                     London

      TRANSACTION 2
      Description of the financial instrument, type of instrument  Ordinary Shares of 25 pence each

      Identification code                                          ISIN:- GB0004478896

      Nature of the transaction                                    Sale of Ordinary Shares to Cover Tax Liabilities
      Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         303.44 pence          27,730 Ordinary Shares

      Date of the transaction                                      8 March 2024
      Place of the transaction                                     London

 

 

 

For further information please contact:

 

 Ben Willey, Company Secretary  020 7321 0123

 

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