Picture of Hunting logo

HTG Hunting News Story

0.000.00%
gb flag iconLast trade - 00:00
EnergySpeculativeMid CapNeutral

REG - Hunting PLC - Directors Shareholding/PDMR transactions

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230310:nRSJ6404Sa&default-theme=true

RNS Number : 6404S  Hunting PLC  10 March 2023

 For Immediate Release
                        10 March  2023

 

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 2020 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    48,990                               19,278                       29,712
 Scott George    Executive Committee  10,559                                10,559                       0
 Jason Mai       Executive Committee   9,153                                3,602                        5,551
 Stewart Barrie  Executive Committee  17,137                                8,226                        8,911
 Gregory Farmer  Executive Committee  38,672                                38,672                       0
 Liese Borden    Executive Committee  21,091                                8,299                        12,792
 Ryan Elliot     Executive Committee  17,576                                17,576                       0
 Dane Tipton     Executive Committee  39,669                                15,609                       24,060

 

Mr Johnson's interest in Hunting PLC ordinary shares, as a Director of the
Company, now totals 567,988 ordinary shares, representing 0.34% of the issued
share capital of the Company.

 

The performance measures of the awards are noted on page 150 of the 2022
Annual Report and Accounts. The performance period was 1 January 2020 to 31
December 2022.

 

The average selling price of the above ordinary shares for tax liabilities was
282.0 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 3 March 2020, under the rules of the Hunting Performance
                                                                   Share Plan.
      Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         0  pence                48,990 Ordinary Shares

      Date of the transaction                                      3 March 2023
      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)
                                                                                         282 pence             19,278 Ordinary Shares

      Date of the transaction                                      3 March  2023
      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 3 March 2020, under the rules of the Hunting Performance
                                                                   Share Plan.
      Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         0  pence                 10,559   Ordinary Shares

      Date of the transaction                                      3 March 2023
      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)
                                                                                         282   pence            10,559   Ordinary Shares

      Date of the transaction                                      3 March 2023
      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 3 March 2020, under the rules of the Hunting Performance
                                                                   Share Plan.
      Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         0 pence                 9,153 Ordinary Shares

      Date of the transaction                                      3 March 2023
      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)
                                                                                         282 pence               3,602  Ordinary Shares

      Date of the transaction                                      3 March 2023
      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 awards over Ordinary Shares in the
                                                                   Company granted on 3 March 2020, under the rules of the Hunting Performance
                                                                   Share Plan.
      Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         0 pence                   17,137   Ordinary Shares

      Date of the transaction                                      3 March 2023
      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)
                                                                                           282 pence           8,226   Ordinary Shares

      Date of the transaction                                      3 March 2023
      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 3 March 2020, under the rules of the Hunting Performance
                                                                   Share Plan.
      Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                          0  pence                38,672   Ordinary Shares

      Date of the transaction                                      3 March 2023
      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)
                                                                                         282  pence             38,672  Ordinary Shares

      Date of the transaction                                      3 March 2023
      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 3 March 2020, under the rules of the Hunting Performance
                                                                   Share Plan.
      Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                          0 pence                  21,091  Ordinary Shares

      Date of the transaction                                      3 March 2023
      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)
                                                                                           282     pence       8,299   Ordinary Shares

      Date of the transaction                                      3 March 2023
      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 3 March 2020, under the rules of the Hunting Performance
                                                                   Share Plan.
      Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         0 pence                   17,576  Ordinary Shares

      Date of the transaction                                      3 March 2023
      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)
                                                                                           282 pence           17,576  Ordinary Shares

      Date of the transaction                                      3 March 2023
      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 3 March 2020, under the rules of the Hunting Performance
                                                                   Share Plan.
      Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         0 pence                   39,669  Ordinary Shares

      Date of the transaction                                      3 March 2023
      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)
                                                                                           282 pence           15,609 Ordinary Shares

      Date of the transaction                                      3 March 2023
      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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHURONROBUOAAR

Recent news on Hunting

See all news