Director/PDMR Shareholding

RNS Number : 9247S

Hunting PLC

14 March 2019

 

For Immediate Release

14 March 2019

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, shares granted in 2016 to the executive Directors and members of the Hunting executive committee, who are all determined to be PDMRs, partially vested and were exercised as follows:

PDMR	Position	No. of vested & exercised awards	No. of ordinary shares sold	No. of ordinary shares retained
Jim Johnson	Executive Director	179,745	70,901	108,844
Rick Bradley	Executive Committee	106,014	41,830	64,184
Scott George	Executive Committee	112,674	83,610	29,064
Chris Wallace	Executive Committee	7,139	7,139	n/a
Bruce Ferguson	Executive Committee	61,470	28,978	32,492
Sean O'Shea	Executive Committee	40,827	n/a	40,827
Daniel Tan	Executive Committee	74,948	25,099	49,849

Mr Johnson's interest in Hunting PLC ordinary shares, as a Director of the Company, now totals 205,042 ordinary shares, representing 0.12% of the issued share capital of the Company.

The performance measures of the awards are noted on pages 75 and 81 of the 2018 Annual Report and Accounts. The performance period was 1 January 2016 to 31 December 2018.

The closing middle market price of a Hunting PLC ordinary share on the vesting date was 518.50 pence per share. The average selling price of the above ordinary shares for tax liabilities was 519.94 pence.

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	Vesting and exercise of share awards over Ordinary Shares in the Company granted on 11 March 2016, under the rules of the Hunting Performance Share Plan.
	Price(s) and volume(s)
			Price(s)	Volume(s)
			519.94 pence	179,745 Ordinary Shares
	Date of the transaction	13 March 2019
	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 to cover tax liabilities
	Price(s) and volume(s)
			Price(s)	Volume(s)
			519.94 pence	70,901 Ordinary Shares
	Date of the transaction	13 March 2019
	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 /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 share awards over Ordinary Shares in the Company granted on 11 March 2016, under the rules of the Hunting Performance Share Plan.
	Price(s) and volume(s)
			Price(s)	Volume(s)
			519.94 pence	106,014 Ordinary Shares
	Date of the transaction	13 March 2019
	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 to cover tax liabilities
	Price(s) and volume(s)
			Price(s)	Volume(s)
			519.94 pence	41,830 Ordinary Shares
	Date of the transaction	13 March 2019
	Place of the transaction	London

	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Scott George
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 share awards over Ordinary Shares in the Company granted on 11 March 2016, under the rules of the Hunting Performance Share Plan.
	Price(s) and volume(s)
			Price(s)	Volume(s)
			519.94 pence	112,674  Ordinary Shares
	Date of the transaction	13 March 2019
	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)
			519.94 pence	83,610  Ordinary Shares
	Date of the transaction	13 March 2019
	Place of the transaction	London

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Chris Wallace
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 share awards over Ordinary Shares in the Company granted on 11 March 2016, under the rules of the Hunting Performance Share Plan.
	Price(s) and volume(s)
			Price(s)	Volume(s)
			519.94 pence	7,139 Ordinary Shares
	Date of the transaction	13 March 2019
	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)
			519.94 pence	7,139  Ordinary Shares
	Date of the transaction	13 March 2019
	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	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 share awards over Ordinary Shares in the Company granted on 11 March 2016, under the rules of the Hunting Performance Share Plan.
	Price(s) and volume(s)
			Price(s)	Volume(s)
			519.94 pence	61,470 Ordinary Shares
	Date of the transaction	13 March 2019
	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 to cover tax liabilities
	Price(s) and volume(s)
			Price(s)	Volume(s)
			519.94 pence	28,978 Ordinary Shares
	Date of the transaction	13 March 2019
	Place of the transaction	London

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Sean O'Shea
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 share awards over Ordinary Shares in the Company granted on 11 March 2016, under the rules of the Hunting Performance Share Plan.
	Price(s) and volume(s)
			Price(s)	Volume(s)
			518.50 pence	40,827 Ordinary Shares
	Date of the transaction	11 March 2019
	Place of the transaction	London

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Daniel Tan
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 share awards over Ordinary Shares in the Company granted on 11 March 2016, under the rules of the Hunting Performance Share Plan.
	Price(s) and volume(s)
			Price(s)	Volume(s)
			519.94 pence	74,948 Ordinary Shares
	Date of the transaction	13 March 2019
	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 to cover tax liabilities
	Price(s) and volume(s)
			Price(s)	Volume(s)
			519.94 pence	25,099 Ordinary Shares
	Date of the transaction	13 March 2019
	Place of the transaction	London

For further information please contact:

Ben Willey, Company Secretary

020 7321 0123

 

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