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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.
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Jim Johnson |
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2 |
Reason for the notification |
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a) |
Position/status |
Chief Executive |
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b) |
Initial notification /Amendment |
Initial |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Hunting PLC |
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b) |
LEI |
2138008S5FL78ITZRN66 |
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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 |
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TRANSACTION 1 |
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Description of the financial instrument, type of instrument |
Ordinary Shares of 25 pence each |
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Identification code |
ISIN:- GB0004478896 |
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Nature of the transaction |
Delivery of 100% of post-tax value of annual bonus in shares |
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Price(s) and volume(s) |
Price(s) |
Volume(s) |
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269.2 pence |
24,289 Ordinary Shares |
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Date of the transaction |
5 March 2021 |
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Place of the transaction |
London |
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a)
|
Name |
Bruce Ferguson |
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2 |
Reason for the notification |
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a) |
Position/status |
Finance Director |
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b) |
Initial notification /Amendment |
Initial |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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|
a) |
Name |
Hunting PLC |
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b) |
LEI |
2138008S5FL78ITZRN66 |
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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) |
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||
|
|
269.2 pence |
5,676 Ordinary Shares |
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|
|
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Date of the transaction |
5 March 2021 |
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Place of the transaction |
London |
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|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a)
|
Name |
Rick Bradley |
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|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Executive Committee Member |
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|
b) |
Initial notification /Amendment |
Initial |
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|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Hunting PLC |
||||
|
b) |
LEI |
2138008S5FL78ITZRN66 |
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|
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) |
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||
|
|
269.2 pence |
11,877 Ordinary Shares |
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Date of the transaction |
5 March 2021 |
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Place of the transaction |
London |
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For further information please contact:
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Ben Willey, Company Secretary |
020 7321 0123 |
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