Hunting PLC Directors Shareholding/PDMR (6117C)

TIDMHTG

RNS Number : 6117C

Hunting PLC

18 June 2019

 
For Immediate Release  18 June 2019 
 

Hunting PLC

("Hunting" or "the Company")

Directors Shareholding/PDMR

Hunting PLC today announces share award transactions by an executive Director of the Company.

Peter Rose

On 17 June 2019, Peter Rose exercised 111,327 nil-cost options which were awarded under the rules of the Hunting Performance Share Plan. Mr Rose's options were granted on 11 March 2016 and vested on 11 March 2019.

The average price on exercise of the options was 493.68 pence per share.

Mr Rose subsequently sold 52,460 ordinary shares on the same date to cover personal tax liabilities and retained 58,867 ordinary shares.

The average selling price of the ordinary shares was 493.68 pence per share.

Following these transactions, Mr Rose's interest in the Company has increased to 167,712 ordinary shares representing 0.10% of the issued share capital.

 
 1    Details of the person discharging managerial responsibilities / 
       person closely associated 
 a)   Name                                 Peter Rose 
     -----------------------------------  -------------------------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------------------------------- 
 a)   Position/status                      Finance Director 
     -----------------------------------  -------------------------------------------------------- 
 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         Nil-cost options awarded under the Hunting 
       instrument, type of                  Performance Share Plan. 
       instrument 
 
      Identification code                  ISIN:- GB0004478896 
 
      Nature of the transaction            Exercise of nil-cost options in the Company 
                                            under the rules of the Hunting Performance 
                                            Share Plan. 
     -----------------------------------  -------------------------------------------------------- 
      Price(s) and volume(s) 
                                            ----------------------  ---------------------------- 
                                             Price(s)                Volume(s) 
                                            ----------------------  ---------------------------- 
                                             493.68 pence            111,327 nil-cost 
                                                                      options 
                                            ----------------------  ---------------------------- 
 
 
      Date of the transaction              17 June 2019 
     -----------------------------------  -------------------------------------------------------- 
      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) 
                                            ----------------------  ---------------------------- 
                                             493.68 pence            52,460 Ordinary 
                                                                      Shares 
                                            ----------------------  ---------------------------- 
 
      Date of the transaction              17 June 2019 
     -----------------------------------  -------------------------------------------------------- 
      Place of the transaction             London 
     -----------------------------------  -------------------------------------------------------- 
 

For further information please contact:

 
Ben Willey, Company Secretary   020 7321 0123 
 

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END

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June 18, 2019 05:00 ET (09:00 GMT)