Hunting PLC Director/PDMR Shareholding

RNS Number : 8906F

Hunting PLC

06 March 2024

 

For Immediate Release

6 March 2024

 

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 has been partially settled in Hunting PLC ordinary shares (shares).

 

Under the Annual Performance-Linked Bonus Plan rules, the post-tax value of 25% of the 2023 bonus has been delivered at a closing mid-market price on 29 February 2024 of 334.5 pence per share, from market purchased shares held in trust by the Hunting Employee Benefit Trust.

 

As a result Jim Johnson receives 52,652 shares and Bruce Ferguson receives 16,434 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 25% of post-tax value of annual bonus in shares
	Price(s) and volume(s)	Price(s)		Volume(s)
		334.5 pence		52,652 Ordinary Shares
	Date of the transaction	5  March  2024
	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 25% of post-tax value of annual bonus in shares
	Price(s) and volume(s)	Price(s)		Volume(s)
		334.5  pence		16,434 Ordinary Shares
	Date of the transaction	5 March 2024
	Place of the transaction	London
For further information please contact:

 

Ben Willey, Company Secretary

020 7321 0123

 

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