Hunting PLC Directors Shareholding/PDMR transactions (0632A)

TIDMHTG

RNS Number : 0632A

Hunting PLC

19 May 2023

 
For Immediate                                                                                                       19 
Release                                                                                                            May 
                                                                                                                  2023 
 

Hunting PLC

("Hunting" or "the Company")

Directors Shareholding/PDMR transactions

Hunting PLC today announces that under the rules of the Hunting Performance Share Plan ("HPSP"), following the measurement of the relevant performance conditions, nil cost share awards granted in 2020, that Ben Willey a Hunting Executive Committee member exercised his awards on 10 May 2023. Details as follows:

 
 PDMR          Position               No. of vested   No. of ordinary    No. of ordinary 
                                        & exercised       shares sold    shares retained 
                                             awards 
               Executive Committee 
 Ben Willey     Member                       21,650            10,176             11,475 
              ---------------------  --------------  ----------------  ----------------- 
 

The performance measures of the awards are noted on page 150 of the 2022 Annual Report and Accounts. The performance period was 1 January 2020 to 31 December 2022.

The average selling price of the above ordinary shares for tax liabilities was 219.5 pence.

 
 1    Details of the person discharging managerial responsibilities / 
       person closely associated 
 a)   Name                                  Ben Willey 
     ------------------------------------  ------------------------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------------------------------- 
 a)   Position/status                       Executive Committee Member 
     ------------------------------------  ------------------------------------------------------- 
 b)   Initial notification                  Initial 
       /Amendment 
     ------------------------------------  ------------------------------------------------------- 
 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          Ordinary Shares of 25 pence each 
       instrument, type of 
       instrument 
 
      Identification code                   ISIN:- GB0004478896 
 
      Nature of the transaction             Vesting and exercise of nil cost share awards 
                                             over Ordinary Shares in the Company granted 
                                             on 3 March 2020, under the rules of the Hunting 
                                             Performance Share Plan. 
     ------------------------------------  ------------------------------------------------------- 
      Price(s) and volume(s) 
                                             ---------------------  ---------------------------- 
                                              Price(s)               Volume(s) 
                                             ---------------------  ---------------------------- 
                                              0 pence                 21,650 Ordinary 
                                                                       Shares 
                                             ---------------------  ---------------------------- 
 
      Date of the transaction               10 May 2023 
     ------------------------------------  ------------------------------------------------------- 
      Place of the transaction              London 
     ------------------------------------  ------------------------------------------------------- 
      TRANSACTION 2 
      Description of the financial          Ordinary Shares of 25 pence each 
       instrument, type of 
       instrument 
 
      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) 
                                             ---------------------  ---------------------------- 
                                              219.5 pence            10,176 Ordinary 
                                                                      Shares 
                                             ---------------------  ---------------------------- 
 
      Date of the transaction               10 May 2023 
     ------------------------------------  ------------------------------------------------------- 
      Place of the transaction              London 
     ------------------------------------  ------------------------------------------------------- 
 

For further information please contact:

 
Ben Willey, Company Secretary   020 7321 0123 
 

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 [e-mail] or visit 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.

END

DSHUKUAROWUVAAR

(END) Dow Jones Newswires

May 19, 2023 07:29 ET (11:29 GMT)