REG - Hunting PLC - Retirement of Richard H Hunting, C.B.E.

HuntingAnnouncement

11/02/2022 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220211:nRSK3613Ba&default-theme=true

RNS Number : 3613B  Hunting PLC  11 February 2022

 For Immediate Release  11 February 2022

 

 

Hunting PLC

 

("Hunting" or "the Company" or "the Group")

 

Retirement of Richard H Hunting, C.B.E.

 

Hunting PLC (LSE : HTG), the international energy services group, today
announces that Richard Hunting, non-executive Director, will be retiring as a
Director at the conclusion of the Company's Annual General Meeting to be held
on Wednesday 20 April 2022.

 

Richard joined the Hunting group in 1972 and joined the Hunting PLC Board on
the formation of the Company on 5 August 1989. Richard was appointed executive
Chairman in 1991 and became non-executive Chairman in July 2011. In September
2017 Richard stepped down as Chairman of the Company, but has continued since
then as a non-independent, non-executive Director.

 

As Chairman, Richard led Hunting PLC through its transformation from a
conglomerate, consisting of aviation, defence and energy interests, to become
a focused upstream energy services group.

 

Commenting on Richard Hunting's retirement, Jay Glick, Hunting's non-executive
Chairman, said:

 

"Richard's knowledge of, and commitment to, Hunting has been a source of
inspiration for many years. Under Richard's leadership, Hunting became a truly
global energy services business, serving international, high profile clients,
who recognise the values of strong quality and safety. On behalf of my fellow
Directors, I wish Richard a happy retirement."

 

Richard Hunting added:

 

"The values of Hunting are firmly embedded across all of our businesses, and
we are committed to delivering top tier products and services to our
customers. I would like to thank all my fellow Directors and employees, who
have been part of the Hunting Group over many years, for their continued
support."

 

 For further information please contact:

 Hunting PLC                              Tel: +44 (0) 20 7321 0123

 Jay Glick, Chairman

 Ben Willey, Company Secretary

 Tarryn Riley, Investor Relations

 Buchanan                                 Tel: +44 (0) 20 7466 5000

 Ben Romney

 Jon Krinks

 

Remuneration Disclosure:

 

In accordance with section 430(2B) of the Companies Act 2006, and in line with
the Directors' Remuneration Policy, Mr Hunting will be paid his Director fees
up to 20 April 2022.

 

Notes to Editors:

 

About Hunting PLC

 

Hunting PLC is an international energy services provider to the world's
leading upstream oil and gas companies. Established in 1874, it is a premium
listed public company traded on the London Stock Exchange. The Company
maintains a corporate office in Houston and is headquartered in London. As
well as the United Kingdom, the Company has operations in Canada, China,
Indonesia, Mexico, Netherlands, Norway, Saudi Arabia, Singapore, United Arab
Emirates and the United States of America.

 

The Group reports in US dollars across four segments: Hunting Titan, North
America, Europe, Middle East and Africa ("EMEA") and Asia Pacific.

 

Hunting PLC's Legal Entity Identifier is 2138008S5FL78ITZRN66.

 

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  BOATMMPTMTIBBTT