Director/PDMR Shareholding

RNS Number : 9048R

Hunting PLC

05 March 2019

 

For Immediate Release

5 March 2019

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 has been paid through a mix of cash and Hunting PLC ordinary shares (shares).

Under the Annual Performance-Linked Bonus Plan rules, 25% of the post-tax value of the bonus was delivered at a closing mid-market price on 28 February 2019 of 547.5 pence per share, from market purchased shares held in trust by the Hunting Employee Benefit Trust.

As a result Jim Johnson receives 29,232 shares and Peter Rose receives 11,817 shares. The shares are to be retained for a minimum of two years. The balance of their 2018 annual bonus is payable in cash.

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 /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	Delivery of 25% of post-tax value of annual bonus in shares
	Price(s) and volume(s)	Price(s)		Volume(s)
		547.5 pence		29,232 Ordinary Shares
	Date of the transaction	1 March 2019
	Place of the transaction	London
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 /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	Delivery of 25% of post-tax value of annual bonus in shares
	Price(s) and volume(s)	Price(s)		Volume(s)
		547.5 pence		11,817 Ordinary Shares
	Date of the transaction	1 March 2019
	Place of the transaction	London

For further information please contact:

Ben Willey, Company Secretary

020 7321 0123

 

END

 

 

DSHFMGGFMKRGLZM