Director/PDMR Shareholding

RNS Number : 7763D

Hunting PLC

28 March 2011

 



For Immediate Release

28 March 2011

Hunting PLC

Director/PDMR Shareholding

Hunting PLC today announces the following share transactions by a director.

Dennis Proctor

On 23 March 2011, under the rules of the Hunting PLC Long Term Incentive Plan, Mr Proctor was awarded at nil cost and retained 9,931 Ordinary shares in Hunting PLC.

In addition, on 23 March 2011, under the rules of the Hunting PLC Executive Share Option Plan, Mr Proctor exercised 426,738 share options at 194p per share. On 28 March 2011, to satisfy personal income tax liabilities Mr Proctor sold 116,423 of these shares at 786p per share and retained ownership of 310,315 shares.

Following these transactions, Dennis Proctor's beneficial holding increases to 1,075,144 Ordinary shares in Hunting PLC representing 0.81% of the Company's share capital.

For further information please contact:

Hunting PLC Peter Rose, Finance Director	Tel: [phone]
Buchanan Communications Richard Darby Jeremy Garcia	Tel: [phone]

Notes to Editors:

About Hunting PLC

Hunting PLC is an international energy services provider to the world's leading upstream oil and gas companies. Established in 1874, it is a fully listed public company traded on the London Stock Exchange. The Company maintains a corporate office in Houston and is headquartered in London. As well as the United Kingdom, the Company has principal operations in Canada, China, Hong Kong, Indonesia, Mexico, Netherlands, Singapore, United Arab Emirates and the United States of America.

 

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