Company Announcements

Directors Shareholding/PDMR transactions

Source: RNS
RNS Number : 7691W
Hunting PLC
27 April 2021
 

For Immediate Release

                                                                                             27  April  2021

 

Hunting PLC

 

("Hunting" or "the Company")

 

Directors Shareholding/PDMR transactions

 

Hunting PLC today announces that under the rules of the Hunting Performance Share Plan ("HPSP"), and following the measurement of the relevant performance conditions, nil cost share awards granted in 2018 to the executive Directors and members of the Hunting executive committee, who are all determined to be PDMRs, partially vested and were exercised as follows:

 

PDMR

Position

No. of vested & exercised awards

No. of ordinary shares sold

No. of ordinary shares retained

Jim Johnson

Executive Director

 45,143

17,827

27,316

Bruce Ferguson

Executive Director

 15,788

0

15,788

Rick Bradley

Executive Committee

17,197

6,792

10,405

Scott George

Executive Committee

31,144

31,144

0

Daniel Tan

Executive Committee

 26,948

 26,948

0

Jason Mai

Executive Committee

 26,997

 10,662

16,335

Stewart Barrie

Executive Committee

1,941

924

1,017

 

Mr Johnson's interest in Hunting PLC ordinary shares, as a Director of the Company, now totals 419,234 ordinary shares, representing 0.25% of the issued share capital of the Company.

 Mr Ferguson's interest in Hunting PLC ordinary shares, as a Director of the Company, now totals 123,299 ordinary shares, representing 0.07% of the issued share capital of the Company.

The performance measures of the awards are noted on pages 108 and 112 of the 2020 Annual Report and Accounts. The performance period was 1 January 2018 to 31 December 2020.

 

The average selling price of the above ordinary shares for tax liabilities was 256.665  pence.

 

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

Vesting and exercise of share awards over Ordinary Shares in the Company granted on 19 April 2018, under the rules of the Hunting Performance Share Plan.

 

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

256.665   pence

  45,143 Ordinary Shares

 

 

 

 

 

 

Date of the transaction

19  April  2021

Place of the transaction

London

 

 

TRANSACTION 2

 

 

Description of the financial instrument, type of instrument

Ordinary Shares of 25 pence each

 

 

Identification code

ISIN:- GB0004478896

 

 

 

Nature of the transaction

Sale of Ordinary Shares to cover tax liabilities

 

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

256.665   pence

17,827     Ordinary Shares

 

 

 

 

 

 

Date of the transaction

22 April  2021

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 /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

 

 

Description of the financial instrument, type of instrument

Ordinary Shares of 25 pence each

 

 

Identification code

ISIN:- GB0004478896

 

 

 

Nature of the transaction

Vesting and exercise of share awards over Ordinary Shares in the Company granted on 19 April 2018, under the rules of the Hunting Performance Share Plan.

 

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

270.000     pence

   15,788 Ordinary Shares

 

 

 

 

 

 

 

 

 

 

 

Date of the transaction

19  April  2021

Place of the transaction

London

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Rick Bradley

2

Reason for the notification

a)

Position/status

Executive Committee Member

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

Vesting and exercise of share awards over Ordinary Shares in the Company granted on 19 April 2018, under the rules of the Hunting Performance Share Plan.

 

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

256.665   pence

 17,197   Ordinary Shares

 

 

 

 

 

 

Date of the transaction

19  April  2021

Place of the transaction

London

 

TRANSACTION 2

 

 

Description of the financial instrument, type of instrument

Ordinary Shares of 25 pence each

 

 

Identification code

ISIN:- GB0004478896

 

 

 

Nature of the transaction

Sale of Ordinary Shares to cover tax liabilities

 

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

256.665  

    6,792  Ordinary Shares

 

 

 

 

 

 

Date of the transaction

22  April  2021

Place of the transaction

London

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Scott George

2

Reason for the notification

a)

Position/status

Executive Committee Member

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

Vesting and exercise of share awards over Ordinary Shares in the Company granted on 19 April 2018, under the rules of the Hunting Performance Share Plan.

 

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

256.665   pence

   31,144   Ordinary Shares

 

 

 

 

 

 

 

 

 

 

 

Date of the transaction

19  April  2021

Place of the transaction

London

 

 

TRANSACTION 2

 

 

Description of the financial instrument, type of instrument

Ordinary Shares of 25 pence each

 

 

Identification code

ISIN:- GB0004478896

 

 

 

Nature of the transaction

Sale of Ordinary Shares

 

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

256.665   pence

 31,144   Ordinary Shares

 

 

 

 

 

 

Date of the transaction

22  April  2021

Place of the transaction

London

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Daniel Tan

2

Reason for the notification

a)

Position/status

Executive Committee Member

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

Vesting and exercise of share awards over Ordinary Shares in the Company granted on 19 April 2018, under the rules of the Hunting Performance Share Plan.

 

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

256.665     pence

  26,948    Ordinary Shares

 

 

 

 

 

 

 

 

 

 

 

Date of the transaction

19  April  2021

Place of the transaction

London

 

TRANSACTION 2

 

 

Description of the financial instrument, type of instrument

Ordinary Shares of 25 pence each

 

 

Identification code

ISIN:- GB0004478896

 

 

 

Nature of the transaction

Sale of Ordinary Shares

 

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

  256.665      pence

26,948    Ordinary Shares

 

 

 

 

 

 

Date of the transaction

22  April  2021

Place of the transaction

London

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Jason Mai

2

Reason for the notification

a)

Position/status

Executive Committee Member

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

Vesting and exercise of share awards over Ordinary Shares in the Company granted on 19 April 2018, under the rules of the Hunting Performance Share Plan.

 

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

256.665   pence

  26,997     Ordinary Shares

 

 

 

 

 

 

 

 

 

 

 

Date of the transaction

19  April  2021

Place of the transaction

London

 

 

TRANSACTION 2

 

 

Description of the financial instrument, type of instrument

Ordinary Shares of 25 pence each

 

 

Identification code

ISIN:- GB0004478896

 

 

 

Nature of the transaction

Sale of Ordinary Shares to cover tax liabilities

 

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

256.665         pence

  10,662  Ordinary Shares

 

 

 

 

 

 

Date of the transaction

22  April  2021

Place of the transaction

London

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Stewart Barrie

2

Reason for the notification

a)

Position/status

Executive Committee Member

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

Vesting and exercise of share awards over Ordinary Shares in the Company granted on 19 April 2018, under the rules of the Hunting Performance Share Plan.

 

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

256.665   pence

    1,941    Ordinary Shares

 

 

 

 

 

 

 

 

 

 

 

Date of the transaction

19  April  2021

Place of the transaction

London

 

 

TRANSACTION 2

 

 

Description of the financial instrument, type of instrument

Ordinary Shares of 25 pence each

 

 

Identification code

ISIN:- GB0004478896

 

 

 

Nature of the transaction

Sale of Ordinary Shares to cover tax liabilities

 

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

  256.665       pence

924    Ordinary Shares

 

 

 

 

 

 

Date of the transaction

22  April  2021

Place of the transaction

London

 

 

 

 

For further information please contact:

 

Ben Willey, Company Secretary

020 7321 0123

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHUBAVRAAUSUAR