REG - Hunting PLC - Directors Shareholding/PDMR
RNS Number : 5285RHunting PLC08 March 2021
For Immediate Release
8 March 2021
Hunting PLC
("Hunting" or "the Company")
Directors Shareholding/PDMR
Hunting PLC today announces that in line with the shareholder approved Directors' Remuneration Policy, the annual bonus due to the Executive Directors and to a member of the Executive Committee, has been settled in Hunting PLC ordinary shares (shares).
Under the Annual Performance-Linked Bonus Plan rules, the post-tax value of the 2020 bonus has been delivered at a closing mid-market price on 4 March of 269.2 pence per share, from market purchased shares held in trust by the Hunting Employee Benefit Trust.
As a result Jim Johnson receives 24,289 shares, Bruce Ferguson receives 5,676 shares and Rick Bradley 11,877 shares. The shares are to be retained, 75% for a minimum of one year and 25% for a minimum of two years.
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
Delivery of 100% of post-tax value of annual bonus in shares
Price(s) and volume(s)
Price(s)
Volume(s)
269.2 pence
24,289 Ordinary Shares
Date of the transaction
5 March 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 1
Description of the financial instrument, type of instrument
Ordinary Shares of 25 pence each
Identification code
ISIN:- GB0004478896
Nature of the transaction
Delivery of 100% of post-tax value of annual bonus in shares
Price(s) and volume(s)
Price(s)
Volume(s)
269.2 pence
5,676 Ordinary Shares
Date of the transaction
5 March 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
Delivery of 100% of post-tax value of annual bonus in shares
Price(s) and volume(s)
Price(s)
Volume(s)
269.2 pence
11,877 Ordinary Shares
Date of the transaction
5 March 2021
Place of the transaction
London
For further information please contact:
Ben Willey, Company Secretary
020 7321 0123
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