REG - Hunting PLC - Directors Shareholding/PDMR

HuntingAnnouncement

09/03/2023 16:00

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RNS Number : 4884S  Hunting PLC  09 March 2023

 For Immediate Release    9 March 2023

 

Hunting PLC

 

("Hunting" or "the Company")

 

Directors Shareholding/PDMR

 

Hunting PLC today announces that in line with the shareholder approved
Directors' Remuneration Policy, 25% of the annual bonus due to the Executive
Directors has been retained in Hunting PLC ordinary shares (shares).

 

Under the Annual Performance-Linked Bonus Plan rules, the post-tax value of
the 2022 bonus has been purchased at a closing mid-market price on 3 March of
282.0 pence per share, from market purchased shares held in trust by the
Hunting Employee Benefit Trust.

 

As a result Jim Johnson receives 68,813 shares and Bruce Ferguson receives
21,004 shares. The shares are to be retained 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)
                                                                   282.0 pence                     68,813 Ordinary Shares

      Date of the transaction                                      6 March 2023
      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)
                                                                   282.0  pence                    21,004 Ordinary Shares

      Date of the transaction                                      6 March 2023
      Place of the transaction                                     London

For further information please contact:

 

 Ben Willey, Company Secretary  020 7321 0123

 

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