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REG - Hunting PLC - Director Shareholding / PDMR Transactions

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RNS Number : 7985F  Hunting PLC  23 March 2022

 For Immediate Release
                        23 March  2022

 

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 2019 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    31,689                               12,470                       19,219
 Bruce Ferguson  Executive Director    20,031                               9,615                        10,416
 Rick Bradley    Executive Committee  12,072                                12,072                       0
 Scott George    Executive Committee  41,313                                37,135                       4,178
 Daniel Tan      Executive Committee   33,194                                33,194                      0
 Jason Mai       Executive Committee   35,813                               14,092                       21,721
 Stewart Barrie  Executive Committee  2,325                                 1,000                        1,325
 Ben Willey      Executive Committee  13,836                                13,836                       0
 Gregory Farmer  Executive Committee  25,496                                25,496                       0
 Liese Borden    Executive Committee  14,325                                5,637                        8,688
 Ryan Elliot     Executive Committee  9,550                                 9,550                        0

 

Mr Johnson's interest in Hunting PLC ordinary shares, as a Director of the
Company, now totals 469,463 ordinary shares, representing 0.28% of the issued
share capital of the Company.

 

Mr Ferguson's interest in Hunting PLC ordinary shares, as a Director of the
Company, now totals 149,516 ordinary shares, representing 0.09% of the issued
share capital of the Company.

The performance measures of the awards are noted on page 115 of the 2021
Annual Report and Accounts. The performance period was 1 January 2019 to 31
December 2021.

 

The average selling price of the above ordinary shares for tax liabilities was
328 pence.

 

 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 21 March 2019, under the rules of the Hunting Performance
                                                                   Share Plan.
      Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         0  pence                31,689 Ordinary Shares

      Date of the transaction                                      21 March  2022
      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)
                                                                                         328   pence           12,470 Ordinary Shares

      Date of the transaction                                      21 March  2022
      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 21 March 2019, under the rules of the Hunting Performance
                                                                   Share Plan.
      Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         0  pence                20,031 Ordinary Shares

      Date of the transaction                                      21 March  2022
      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)
                                                                                         328   pence           9,615 Ordinary Shares

      Date of the transaction                                      21 March  2022
      Place of the transaction                                     London

 

 

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Rick Bradley
 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 21 March 2019, under the rules of the Hunting Performance
                                                                   Share Plan.
      Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         0   pence              12,072   Ordinary Shares

      Date of the transaction                                      21 March 2022
      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)
                                                                                         328                       12,072  Ordinary Shares

      Date of the transaction                                      21 March 2022
      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 21 March 2019, under the rules of the Hunting Performance
                                                                   Share Plan.
      Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         0  pence                 41,313   Ordinary Shares

      Date of the transaction                                      21 March 2022
      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)
                                                                                         328   pence            37,135   Ordinary Shares

      Date of the transaction                                      21 March 2022
      Place of the transaction                                     London

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Daniel Tan
 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 21 March 2019, under the rules of the Hunting Performance
                                                                   Share Plan.
      Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                            0 pence              33,194    Ordinary Shares

      Date of the transaction                                      21 March 2022
      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)
                                                                                           328     pence       33,194    Ordinary Shares

      Date of the transaction                                      21 March 2022
      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 21 March 2019, under the rules of the Hunting Performance
                                                                   Share Plan.
      Price(s) and volume(s)

                                                                                         Price(s)                 Volume(s)
                                                                                         0 pence                    35,813     Ordinary Shares

      Date of the transaction                                      21 March 2022
      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)
                                                                                         328        pence           14,092  Ordinary Shares

      Date of the transaction                                      21 March 2022
      Place of the transaction                                     London

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Stewart Barrie
 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 21 March 2019, under the rules of the Hunting Performance
                                                                   Share Plan.
      Price(s) and volume(s)

                                                                                         Price(s)                Volume(s)
                                                                                         0 pence                     2,325   Ordinary Shares

      Date of the transaction                                      21 March 2022
      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)
                                                                                           328      pence        1,000   Ordinary Shares

      Date of the transaction                                      21 March 2022
      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
      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 21 March 2019, under the rules of the Hunting Performance
                                                                   Share Plan.
      Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         0 pence                  13,836 Ordinary Shares

      Date of the transaction                                      21 March  2022
      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)
                                                                                         328   pence            13,836  Ordinary Shares

      Date of the transaction                                      21 March 2022
      Place of the transaction                                     London

 

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Gregory 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 21 March 2019, under the rules of the Hunting Performance
                                                                   Share Plan.
      Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                          0  pence                25,496   Ordinary Shares

      Date of the transaction                                      21 March 2022
      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)
                                                                                         328   pence            25,496  Ordinary Shares

      Date of the transaction                                      21 March 2022
      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 21 March 2019, under the rules of the Hunting Performance
                                                                   Share Plan.
      Price(s) and volume(s)

                                                                                         Price(s)                Volume(s)
                                                                                          0 pence                    14,325  Ordinary Shares

      Date of the transaction                                      21 March 2022
      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)
                                                                                           328      pence        5,637   Ordinary Shares

      Date of the transaction                                      21 March 2022
      Place of the transaction                                     London

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Ryan Elliott
 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 21 March 2019, under the rules of the Hunting Performance
                                                                   Share Plan.
      Price(s) and volume(s)

                                                                                         Price(s)                Volume(s)
                                                                                         0 pence                     9,550  Ordinary Shares

      Date of the transaction                                      21 March 2022
      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)
                                                                                           328      pence        9,550  Ordinary Shares

      Date of the transaction                                      21 March 2022
      Place of the transaction                                     London

 

For further information please contact:

 

 Ben Willey, Company Secretary  020 7321 0123

 

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