REG - Hunting PLC - Directors Shareholding/PDMR transactions

HuntingAnnouncement

20/05/2024 14:30

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RNS Number : 1449P  Hunting PLC  20 May 2024

 For Immediate Release
                        20 May 2024

 

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"), and following the measurement of the relevant performance
conditions, nil cost share awards granted in 2021 to a member of the Hunting
Executive Committee, who is determined to be PDMR, partially vested and were
exercised as follows:

 

 PDMR            Position                    No. of vested & exercised awards      No. of ordinary shares sold  No. of ordinary shares retained
 Stewart Barrie  Executive Committee Member  15,279                                7,181                        8,098

 

The performance measures of the awards are noted on page 150 of the 2023
Annual Report and Accounts. The performance period was 1 January 2021 to 31
December 2023.

 

Mr Barrie's interest in Hunting PLC ordinary shares, as an Executive Committee
Member of the Company, now totals 50,434 ordinary shares, representing 0.03%
of the issued share capital of the Company. The average selling price of the
above ordinary shares for tax liabilities was 443.00 pence per share.

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Stewart Barrie
 2    Reason for the notification
 a)   Position/status                                              Executive Committee Member
 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                                    Vesting and exercise of nil cost share awards over Ordinary Shares in the
                                                                   Company granted on 4 March 2021, under the rules of the Hunting Performance
                                                                   Share Plan.
      Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         0  pence                 15,279   Ordinary Shares

      Date of the transaction                                      15 May 2024
      Place of the transaction                                     London
      TRANSACTION 2
      Description of the financial instrument, type of instrument  Ordinary Shares of 25 pence each

      Identification code                                          ISIN:- GB0004478896

      Nature of the transaction                                    Sale of Ordinary Shares
      Price(s) and volume(s)

                                                                                         Price(s)              Volume(s)
                                                                                         443.00   pence         7,181   Ordinary Shares

      Date of the transaction                                      15 May 2024
      Place of the transaction                                     London

For further information please contact:

 

 Ben Willey, Company Secretary  020 7321 0123

 

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