REG - Hunting PLC - Directors Shareholding/PDMR transactions
RNS Number : 7691WHunting PLC27 April 2021
For Immediate Release
27 April 2021
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 2018 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
45,143
17,827
27,316
Bruce Ferguson
Executive Director
15,788
0
15,788
Rick Bradley
Executive Committee
17,197
6,792
10,405
Scott George
Executive Committee
31,144
31,144
0
Daniel Tan
Executive Committee
26,948
26,948
0
Jason Mai
Executive Committee
26,997
10,662
16,335
Stewart Barrie
Executive Committee
1,941
924
1,017
Mr Johnson's interest in Hunting PLC ordinary shares, as a Director of the Company, now totals 419,234 ordinary shares, representing 0.25% 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 123,299 ordinary shares, representing 0.07% of the issued share capital of the Company.
The performance measures of the awards are noted on pages 108 and 112 of the 2020 Annual Report and Accounts. The performance period was 1 January 2018 to 31 December 2020.
The average selling price of the above ordinary shares for tax liabilities was 256.665 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 19 April 2018, under the rules of the Hunting Performance Share Plan.
Price(s) and volume(s)
Price(s)
Volume(s)
256.665 pence
45,143 Ordinary Shares
Date of the transaction
19 April 2021
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)
256.665 pence
17,827 Ordinary Shares
Date of the transaction
22 April 2021
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
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 19 April 2018, under the rules of the Hunting Performance Share Plan.
Price(s) and volume(s)
Price(s)
Volume(s)
270.000 pence
15,788 Ordinary Shares
Date of the transaction
19 April 2021
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 19 April 2018, under the rules of the Hunting Performance Share Plan.
Price(s) and volume(s)
Price(s)
Volume(s)
256.665 pence
17,197 Ordinary Shares
Date of the transaction
19 April 2021
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)
256.665
6,792 Ordinary Shares
Date of the transaction
22 April 2021
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 19 April 2018, under the rules of the Hunting Performance Share Plan.
Price(s) and volume(s)
Price(s)
Volume(s)
256.665 pence
31,144 Ordinary Shares
Date of the transaction
19 April 2021
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)
256.665 pence
31,144 Ordinary Shares
Date of the transaction
22 April 2021
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 19 April 2018, under the rules of the Hunting Performance Share Plan.
Price(s) and volume(s)
Price(s)
Volume(s)
256.665 pence
26,948 Ordinary Shares
Date of the transaction
19 April 2021
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)
256.665 pence
26,948 Ordinary Shares
Date of the transaction
22 April 2021
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 share awards over Ordinary Shares in the Company granted on 19 April 2018, under the rules of the Hunting Performance Share Plan.
Price(s) and volume(s)
Price(s)
Volume(s)
256.665 pence
26,997 Ordinary Shares
Date of the transaction
19 April 2021
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)
256.665 pence
10,662 Ordinary Shares
Date of the transaction
22 April 2021
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 share awards over Ordinary Shares in the Company granted on 19 April 2018, under the rules of the Hunting Performance Share Plan.
Price(s) and volume(s)
Price(s)
Volume(s)
256.665 pence
1,941 Ordinary Shares
Date of the transaction
19 April 2021
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)
256.665 pence
924 Ordinary Shares
Date of the transaction
22 April 2021
Place of the transaction
London
For further information please contact:
Ben Willey, Company Secretary
020 7321 0123
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.ENDDSHUBAVRAAUSUAR
Recent news on Hunting
See all newsREG - Hunting PLC - Payment of 2023 Final Dividend in Sterling
AnnouncementREG - Hunting PLC - Payments to Governments year ended 31 Dec 23
AnnouncementREG - Hunting PLC - Directors Shareholding/PDMR
AnnouncementREG - Hunting PLC - Results of AGM & Directorate Change
AnnouncementREG - Hunting PLC - AGM, Q1 2024 Trading Update & Directorate Change
Announcement