Hunting PLC Director/PDMR Shareholding (6408Y)
07 March 2017 - 12:53AM
UK Regulatory
TIDMHTG
RNS Number : 6408Y
Hunting PLC
06 March 2017
For Immediate Release 6 March 2017
Hunting PLC
("Hunting" or "the Company")
Directors Shareholding/PDMR
Hunting PLC today announces the following share awards granted
under the Hunting Performance Share Plan ("HPSP") to the executive
Directors of the Company.
Dennis Proctor
On 3 March 2017, under the rules of the HPSP, Dennis Proctor was
granted a conditional award at nil cost, to acquire 523,733 shares
in the capital of the Company.
Peter Rose
On 3 March 2017, under the rules of the HPSP, Peter Rose was
granted conditional options at nil cost, to acquire 115,889 shares
in the capital of the Company.
These awards will vest on the third anniversary of the date of
grant subject to performance conditions, in respect of TSR, EPS and
ROCE.
The number of shares subject to the award are determined by
using the closing middle market price of a Hunting PLC Ordinary
share on the day prior to the date of grant, being 540p per
share.
1 Details of the person discharging managerial responsibilities
/ person closely associated
--- -------------------------------------------------------------------------------
a) Name Dennis Proctor
--- -------------------------------- ---------------------------------------------
2 Reason for the notification
--- -------------------------------------------------------------------------------
a) Position/status Chief Executive
--- -------------------------------- ---------------------------------------------
b) Initial notification Initial notification
/Amendment
--- -------------------------------- ---------------------------------------------
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
--- -------------------------------------------------------------------------------
a) Description of Awards over Ordinary Shares of
the financial instrument, 25p each
type of instrument
---
Identification ISIN:- GB0004478896
code
b) Nature of the transaction Grant of Share Awards over Ordinary
Shares under the rules of the Hunting
Performance Share Plan (HPSP)
--- -------------------------------- ---------------------------------------------
c) Price(s) and volume(s)
--- --------------- ------------------------
Price(s) Volume(s)
--- --------------- ------------------------
Nil cost 523,733 Ordinary
Shares
--------------- ------------------------
d) Aggregated information
---
- Aggregated volume
- Price
e) Date of the transaction 3 March 2017
--- -------------------------------- ---------------------------------------------
f) 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 Initial notification
/Amendment
--- -------------------------------- ---------------------------------------------
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
--- -------------------------------------------------------------------------------
a) Description of Awards over Ordinary Shares of
the financial instrument, 25p each
type of instrument
---
Identification ISIN:- GB0004478896
code
b) Nature of the transaction Grant of Share Options over Ordinary
Shares under the rules of the Hunting
Performance Share Plan (HPSP)
--- -------------------------------- ---------------------------------------------
c) Price(s) and volume(s)
--- --------------- ------------------------
Price(s) Volume(s)
--- --------------- ------------------------
Nil cost 115,889 Ordinary
Shares
--------------- ------------------------
d) Aggregated information
---
- Aggregated volume
- Price
e) Date of the transaction 3 March 2017
--- -------------------------------- ---------------------------------------------
f) Place of the transaction London
--- -------------------------------- ---------------------------------------------
For further information please contact:
Ben Willey, Company Secretary 020 7321 0123
This information is provided by RNS
The company news service from the London Stock Exchange
END
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