REG - Hunting PLC - Directors Shareholding/PDMR

HuntingAnnouncement

18/06/2019 10:00

RNS Number : 6117C
Hunting PLC
18 June 2019
 





For Immediate Release


18 June 2019



 
Hunting PLC
 
("Hunting" or "the Company")
 
Directors Shareholding/PDMR
 
Hunting PLC today announces share award transactions by an executive Director of the Company.
 
Peter Rose
 
On 17 June 2019, Peter Rose exercised 111,327 nil-cost options which were awarded under the rules of the Hunting Performance Share Plan. Mr Rose's options were granted on 11 March 2016 and vested on 11 March 2019.
 
The average price on exercise of the options was 493.68 pence per share.
 
Mr Rose subsequently sold 52,460 ordinary shares on the same date to cover personal tax liabilities and retained 58,867 ordinary shares.
 
The average selling price of the ordinary shares was 493.68 pence per share.
 
Following these transactions, Mr Rose's interest in the Company has increased to 167,712 ordinary shares representing 0.10% of the issued share capital.
 



1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Peter Rose




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


Nil-cost options awarded under the Hunting Performance Share Plan.














Identification code


ISIN:- GB0004478896


















Nature of the transaction


Exercise of nil-cost options in the Company under the rules of the Hunting Performance Share Plan.




 
 


Price(s) and volume(s)




























Price(s)


Volume(s)
















493.68 pence


111,327 nil-cost options




















































Date of the transaction


17 June 2019




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)
















493.68 pence


52,460 Ordinary Shares






























Date of the transaction


17 June 2019




Place of the transaction


London



 
For further information please contact:
 



Ben Willey, Company Secretary


020 7321 0123



 




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