Directors Shareholding/PDMR

RNS Number : 6117C

Hunting PLC

18 June 2019

 

For Immediate Release

18 June 2019

Hunting PLC

("Hunting" or "the Company")

Directors Shareholding/PDMR

Hunting PLC today announces share award transactions by an executive Director of the Company.

Peter Rose

On 17 June 2019, Peter Rose exercised 111,327 nil-cost options which were awarded under the rules of the Hunting Performance Share Plan. Mr Rose's options were granted on 11 March 2016 and vested on 11 March 2019.

The average price on exercise of the options was 493.68 pence per share.

Mr Rose subsequently sold 52,460 ordinary shares on the same date to cover personal tax liabilities and retained 58,867 ordinary shares.

The average selling price of the ordinary shares was 493.68 pence per share.

Following these transactions, Mr Rose's interest in the Company has increased to 167,712 ordinary shares representing 0.10% of the issued share capital.

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	Nil-cost options awarded under the Hunting Performance Share Plan.
	Identification code	ISIN:- GB0004478896
	Nature of the transaction	Exercise of nil-cost options in the Company under the rules of the Hunting Performance Share Plan.
	Price(s) and volume(s)
			Price(s)	Volume(s)
			493.68 pence	111,327 nil-cost options
	Date of the transaction	17 June 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)
			493.68 pence	52,460 Ordinary Shares
	Date of the transaction	17 June 2019
	Place of the transaction	London

For further information please contact:

Ben Willey, Company Secretary

020 7321 0123

 

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