Holdings in Company and PDMR Declaration

RNS Number : 9720Y

Hunting PLC

05 December 2014

 



For immediate release

5 December 2014

Hunting PLC

("Hunting" or the "Company")

Holdings In Company

Hunting PLC (LSE : HTG) has received notification today from Hunting Investments Limited ("HIL") that on 4 December 2014 it purchased 88,744 ordinary shares in the Company at an average price of 557.78 pence per share.  Following this share purchase HIL has a beneficial interest in 10,973,487 ordinary shares in Hunting, representing 7.39% in the issued share capital of the Company.

These additional shares are party to the shareholder agreement signed by various Hunting Family Interests on 22 September 2014.

The total voting rights held by the voting committee administered by HIL has therefore increased to 25,410,438 representing 17.12% of the issued share capital of the Company.

The table below details the beneficial holdings of the signatories to the shareholder agreement in relation to Hunting PLC ordinary shares:

	Beneficial Holding
Hunting Investments Limited (including Huntridge Limited)	10,973,487
Slaley Investments Limited	6,411,679
Hunting Family Trusts	6,025,864
Hunting Family members	1,999,408
Total	25,410,438

PDMR Declaration

Richard Hunting, non-executive Chairman of Hunting PLC, is a connected party in relation to the above share purchase as he is a Director of HIL. He is also a signatory to the shareholder agreement.

Richard Hunting's beneficial holding of 463,306 ordinary shares in Hunting PLC remains unchanged representing 0.31% of the current issued share capital of Hunting PLC. Richard Hunting's non-beneficial interest in the Hunting Family Trusts also remains at 979,049 ordinary shares in the Company, representing 0.66% of the issued share capital of Hunting PLC. All voting rights have, however, been transferred to the Voting Committee.

For further information please contact:

Hunting PLC Ben Willey, Company Secretary

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 premium 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, South Africa, Thailand, United Arab Emirates and the United States of America.

 

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