TIDMHTG

RNS Number : 4884S

Hunting PLC

09 March 2023

 
For Immediate Release    9 March 2023 
 

Hunting PLC

("Hunting" or "the Company")

Directors Shareholding/PDMR

Hunting PLC today announces that in line with the shareholder approved Directors' Remuneration Policy, 25% of the annual bonus due to the Executive Directors has been retained in Hunting PLC ordinary shares (shares).

Under the Annual Performance-Linked Bonus Plan rules, the post-tax value of the 2022 bonus has been purchased at a closing mid-market price on 3 March of 282.0 pence per share, from market purchased shares held in trust by the Hunting Employee Benefit Trust.

As a result Jim Johnson receives 68,813 shares and Bruce Ferguson receives 21,004 shares. The shares are to be retained 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           Initial 
       /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 
     ----------------------------------------------------------------------------------------- 
      TRANSACTION 1 
      Description of the financial   Ordinary Shares of 25 pence each 
       instrument, type of 
       instrument 
 
      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) 
                                     282.0 pence          68,813 Ordinary Shares 
 
      Date of the transaction        6 March 2023 
                                    ---------------------------------------------------------- 
      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           Initial 
       /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 
     ----------------------------------------------------------------------------------------- 
      TRANSACTION 1 
      Description of the financial   Ordinary Shares of 25 pence each 
       instrument, type of 
       instrument 
 
      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) 
                                     282.0 pence          21,004 Ordinary 
                                                           Shares 
 
      Date of the transaction        6 March 2023 
     -----------------------------  ---------------------------------------------------------- 
      Place of the transaction       London 
     -----------------------------  ---------------------------------------------------------- 
 
 

For further information please contact:

 
Ben Willey, Company Secretary   020 7321 0123 
 

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