REG - Hunting PLC - Directors Shareholding/PDMR transactions
RNS Number : 1855FHunting PLC05 March 2020
For Immediate Release
5 March 2020
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, shares granted in 2017 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
148,314
58,527
89,787
Rick Bradley
Executive Committee
89,036
35,155
53,881
Scott George
Executive Committee
92,205
60,393
31,812
Bruce Ferguson
Executive Committee
40,051
18,891
21,160
Daniel Tan
Executive Committee
65,898
14,549
51,349
Mr Johnson's interest in Hunting PLC ordinary shares, as a Director of the Company, now totals 317,629 ordinary shares, representing 0.19% of the issued share capital of the Company.
The performance measures of the awards are noted on pages 94 and 98 of the 2019 Annual Report and Accounts. The performance period was 1 January 2017 to 31 December 2019.
The average selling price of the above ordinary shares for tax liabilities was 313.876 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 share awards over Ordinary Shares in the Company granted on 3 March 2017, under the rules of the Hunting Performance Share Plan.
Price(s) and volume(s)
Price(s)
Volume(s)
313.876 pence
148,314 Ordinary Shares
Date of the transaction
3 March 2020
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)
313.876 pence
58,527 Ordinary Shares
Date of the transaction
3 March 2020
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 share awards over Ordinary Shares in the Company granted on 3 March 2017, under the rules of the Hunting Performance Share Plan.
Price(s) and volume(s)
Price(s)
Volume(s)
313.876 pence
89,036 Ordinary Shares
Date of the transaction
3 March 2020
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)
313.876
35,155 Ordinary Shares
Date of the transaction
3 March 2020
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 share awards over Ordinary Shares in the Company granted on 3 March 2017, under the rules of the Hunting Performance Share Plan.
Price(s) and volume(s)
Price(s)
Volume(s)
313.876 pence
92,205 Ordinary Shares
Date of the transaction
3 March 2020
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)
313.876 pence
60,393 Ordinary Shares
Date of the transaction
3 March 2020
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
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 share awards over Ordinary Shares in the Company granted on 3 March 2017, under the rules of the Hunting Performance Share Plan.
Price(s) and volume(s)
Price(s)
Volume(s)
313.876 pence
40,051 Ordinary Shares
Date of the transaction
3 March 2020
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)
313.876 pence
18,891 Ordinary Shares
Date of the transaction
3 March 2020
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 share awards over Ordinary Shares in the Company granted on 11 March 2016, under the rules of the Hunting Performance Share Plan.
Price(s) and volume(s)
Price(s)
Volume(s)
313.876 pence
65,898 Ordinary Shares
Date of the transaction
3 March 2020
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)
313.876 pence
14,549 Ordinary Shares
Date of the transaction
3 March 2020
Place of the transaction
London
For further information please contact:
Ben Willey, Company Secretary
020 7321 0123
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