Transaction in Own Shares

RNS Number : 3663G

Hunting PLC

17 March 2020

 

For Immediate Release

17 March 2020

Hunting PLC

("Hunting" or "the Company" or "the Group")

Transaction in Own Shares

Hunting PLC (the "Company"), the international energy services group, today announces that it has purchased, in accordance with the authority granted by shareholders at the 2019 Annual General Meeting of the Company, the following number of its ordinary shares of £0.25 each ("Shares") on Exchange (as defined in the Rules of the London Stock Exchange) as part of the buyback programme announced on 27 February 2020: (the "Programme"):

Date of purchase:	16 March 2020
Venue:	London Stock Exchange
Number of Shares purchased:	280,000
Highest price paid per Share (pence):	186.8000
Lowest price paid per Share (pence):	154.3000
Volume weighted average price paid per Share (pence):	169.5807
Broker:	Barclays Bank PLC

The Company intends to cancel these Shares.

At 27 February 2020, the Company had 166,940,082 Shares in issue.

Since the 27 February 2020, when the Programme commenced, 1,516,084 shares have been purchased, which have been or will be cancelled, and includes shares that have not settled yet, giving a current issued share capital of 165,423,998. This number represents the total voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), detailed information about the individual purchases is attached to this announcement via the link below.

http://www.rns-pdf.londonstockexchange.com/rns/3663G_1-2020-3-16.pdf

For further information, please contact :

Hunting PLC  Ben Willey, Company Secretary

Tel: [phone]

Shares purchased: Hunting PLC's (ISDN Code: 2138008S5FL78ITZRN66)

 

END

 

 

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