REG - Hunting PLC - Directors Shareholding/PDMR transactions

HuntingAnnouncement

19/05/2023 12:30

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RNS Number : 0632A  Hunting PLC  19 May 2023

 For Immediate Release
                        19 May 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"), following the measurement of the relevant performance
conditions, nil cost share awards granted in 2020, that Ben Willey a Hunting
Executive Committee member exercised his awards on 10 May 2023. Details as
follows:

 

 PDMR        Position                    No. of vested & exercised awards      No. of ordinary shares sold  No. of ordinary shares retained
 Ben Willey  Executive Committee Member   21,650                               10,176                       11,475

 

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
219.5 pence.

 

 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 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                21,650 Ordinary Shares

      Date of the transaction                                      10 May 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)
                                                                                         219.5 pence           10,176 Ordinary Shares

      Date of the transaction                                      10 May  2023
      Place of the transaction                                     London

 

For further information please contact:

 

 Ben Willey, Company Secretary  020 7321 0123

 

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