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Hunting PLC (HTG)

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Thursday 19 March, 2020

Hunting PLC

Transaction in Own Shares

RNS Number : 7097G
Hunting PLC
19 March 2020
 

For Immediate Release

19 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:

18 March 2020

Venue:

London Stock Exchange

Number of Shares purchased:

241,958

Highest price paid per Share (pence):

199.7000

Lowest price paid per Share (pence):

188.1000

Volume weighted average price paid per Share (pence):

195.0345

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, 2,000,000 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 164,940,082. 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/7097G_1-2020-3-18.pdf

 

For further information, please contact :

 

 Hunting PLC

 Ben Willey, Company Secretary

 

Tel: +44 (0) 20 7321 0123

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


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