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Hunting PLC (HTG)

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Monday 08 March, 2021

Hunting PLC

Directors Shareholding/PDMR

RNS Number : 5285R
Hunting PLC
08 March 2021
 

For Immediate Release

 8 March 2021

 

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 and to a member of the Executive Committee, has been settled in Hunting PLC ordinary shares (shares).

 

Under the Annual Performance-Linked Bonus Plan rules, the post-tax value of the 2020 bonus has been delivered at a closing mid-market price on 4 March of 269.2 pence per share, from market purchased shares held in trust by the Hunting Employee Benefit Trust.

 

As a result Jim Johnson receives 24,289 shares, Bruce Ferguson receives 5,676 shares and Rick Bradley 11,877 shares. The shares are to be retained, 75% for a minimum of one year and 25% for a minimum of two years.

 

 

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 100% of post-tax value of annual bonus in shares

 

Price(s) and volume(s)

Price(s)

Volume(s)

 

 

269.2 pence

24,289 Ordinary Shares

 

 

 

 

 

 

Date of the transaction

5 March 2021

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

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 100% of post-tax value of annual bonus in shares

 

Price(s) and volume(s)

Price(s)

Volume(s)

 

 

269.2 pence

5,676 Ordinary Shares

 

 

 

 

 

 

Date of the transaction

5 March 2021

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

Delivery of 100% of post-tax value of annual bonus in shares

 

Price(s) and volume(s)

Price(s)

Volume(s)

 

 

269.2 pence

11,877 Ordinary Shares

 

 

 

 

 

 

Date of the transaction

5 March 2021

Place of the transaction

London

             

 

   

For further information please contact:

 

Ben Willey, Company Secretary

020 7321 0123

 

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