Hunting PLC Transaction in Own Shares (7097G)

TIDMHTG

RNS Number : 7097G

Hunting PLC

19 March 2020

 
 For Immediate Release   19 March 2020 
 

Hunting PLC

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

Transaction in Own Shares

Hunting PLC (the "Company"), the international energy services group, today announces that it has purchased, in accordance with the authority granted by shareholders at the 2019 Annual General Meeting of the Company, the following number of its ordinary shares of GBP0.25 each ("Shares") on Exchange (as defined in the Rules of the London Stock Exchange) as part of the buyback programme announced on 27 February 2020: (the "Programme"):

 
 Date of purchase:                                18 March 2020 
 Venue:                                   London Stock Exchange 
 Number of Shares purchased:                            241,958 
 Highest price paid per Share (pence):                 199.7000 
 Lowest price paid per Share (pence):                  188.1000 
 Volume weighted average price paid 
  per Share (pence):                                   195.0345 
 Broker:                                      Barclays Bank PLC 
 

The Company intends to cancel these Shares.

At 27 February 2020, the Company had 166,940,082 Shares in issue.

Since the 27 February 2020, when the Programme commenced, 2,000,000 shares have been purchased, which have been or will be cancelled, and includes shares that have not settled yet, giving a current issued share capital of 164,940,082. This number represents the total voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), detailed information about the individual purchases is attached to this announcement via the link below.

http://www.rns-pdf.londonstockexchange.com/rns/7097G_1-2020-3-18.pdf

For further information, please contact :

 
  Hunting PLC                      Tel: [phone] 
   Ben Willey, Company Secretary 
 

Shares purchased: Hunting PLC's (ISDN Code: 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 [e-mail] or visit www.rns.com.

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March 19, 2020 03:00 ET (07:00 GMT)