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Hunting PLC (HTG)

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Tuesday 05 March, 2019

Hunting PLC

Director/PDMR Shareholding

RNS Number : 9048R
Hunting PLC
05 March 2019
 

For Immediate Release

 5 March 2019

 

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 has been paid through a mix of cash and Hunting PLC ordinary shares (shares).

 

Under the Annual Performance-Linked Bonus Plan rules, 25% of the post-tax value of the bonus was delivered at a closing mid-market price on 28 February 2019 of 547.5 pence per share, from market purchased shares held in trust by the Hunting Employee Benefit Trust.

 

As a result Jim Johnson receives 29,232 shares and Peter Rose receives 11,817 shares. The shares are to be retained for a minimum of two years. The balance of their 2018 annual bonus is payable in cash.

 

 

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 25% of post-tax value of annual bonus in shares


Price(s) and volume(s)

Price(s)

Volume(s)



547.5 pence

29,232 Ordinary Shares







Date of the transaction

1 March 2019

Place of the transaction

London

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

Ordinary Shares of 25 pence each



Identification code

ISIN:- GB0004478896




Nature of the transaction

Delivery of 25% of post-tax value of annual bonus in shares


Price(s) and volume(s)

Price(s)

Volume(s)



547.5 pence

11,817 Ordinary Shares







Date of the transaction

1 March 2019

Place of the transaction

London

 

For further information please contact:

 

Ben Willey, Company Secretary

020 7321 0123

 


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END
 
 
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