Hunting PLC Directors Shareholding/PDMR (5285R)

TIDMHTG

RNS Number : 5285R

Hunting PLC

08 March 2021

 
For Immediate Release    8 March 2021 
 

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 and to a member of the Executive Committee, has been settled in Hunting PLC ordinary shares (shares).

Under the Annual Performance-Linked Bonus Plan rules, the post-tax value of the 2020 bonus has been delivered at a closing mid-market price on 4 March of 269.2 pence per share, from market purchased shares held in trust by the Hunting Employee Benefit Trust.

As a result Jim Johnson receives 24,289 shares, Bruce Ferguson receives 5,676 shares and Rick Bradley 11,877 shares. The shares are to be retained, 75% for a minimum of one year and 25% 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                            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                       Delivery of 100% of post-tax value of annual 
                                                       bonus in shares 
     ----------------------------------------------  ------------------------------------------------------- 
      Price(s) and volume(s)                          Price(s)           Volume(s) 
                                                      269.2 pence        24,289 Ordinary Shares 
 
      Date of the transaction                         5 March 2021 
                                                     ------------------------------------------------------- 
      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                            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                       Delivery of 100% of post-tax value of annual 
                                                       bonus in shares 
     ----------------------------------------------  ------------------------------------------------------- 
      Price(s) and volume(s)                          Price(s)           Volume(s) 
                                                      269.2 pence        5,676 Ordinary 
                                                                          Shares 
 
      Date of the transaction                         5 March 2021 
     ----------------------------------------------  ------------------------------------------------------- 
      Place of the transaction                        London 
     ----------------------------------------------  ------------------------------------------------------- 
 1    Details of the person discharging managerial responsibilities / 
       person closely associated 
     ------------------------------------------------------------------------------------------------------- 
 a)   Name                                            Rick Bradley 
     ----------------------------------------------  ------------------------------------------------------- 
 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                       Delivery of 100% of post-tax value of annual 
                                                       bonus in shares 
     ----------------------------------------------  ------------------------------------------------------- 
      Price(s) and volume(s)                          Price(s)           Volume(s) 
                                                      269.2 pence        11,877 Ordinary 
                                                                          Shares 
 
      Date of the transaction                         5 March 2021 
     ----------------------------------------------  ------------------------------------------------------- 
      Place of the transaction                        London 
     ----------------------------------------------  ------------------------------------------------------- 
 
 

For further information please contact:

 
Ben Willey, Company Secretary   020 7321 0123 
 

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March 08, 2021 09:30 ET (14:30 GMT)