Company Announcements

Director Shareholding / PDMR Transactions

Source: RNS
RNS Number : 7985F
Hunting PLC
23 March 2022
 

For Immediate Release

                                                                                             23 March  2022

 

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 2019 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

 31,689

12,470

19,219

Bruce Ferguson

Executive Director

 20,031

9,615

10,416

Rick Bradley

Executive Committee

12,072

12,072

0

Scott George

Executive Committee

41,313

37,135

4,178

Daniel Tan

Executive Committee

 33,194

 33,194

0

Jason Mai

Executive Committee

 35,813

14,092

21,721

Stewart Barrie

Executive Committee

2,325

1,000

1,325

Ben Willey

Executive Committee

13,836

13,836

0

Gregory Farmer

Executive Committee

25,496

25,496

0

Liese Borden

Executive Committee

14,325

5,637

8,688

Ryan Elliot

Executive Committee

9,550

9,550

0

 

Mr Johnson's interest in Hunting PLC ordinary shares, as a Director of the Company, now totals 469,463 ordinary shares, representing 0.28% 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 149,516 ordinary shares, representing 0.09% of the issued share capital of the Company.

The performance measures of the awards are noted on page 115 of the 2021 Annual Report and Accounts. The performance period was 1 January 2019 to 31 December 2021.

 

The average selling price of the above ordinary shares for tax liabilities was 328 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 nil cost share awards over Ordinary Shares in the Company granted on 21 March 2019, under the rules of the Hunting Performance Share Plan.

 

 

Price(s) and volume(s)







Price(s)

Volume(s)




0  pence

  31,689 Ordinary Shares







Date of the transaction

21 March  2022

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)




328   pence

12,470 Ordinary Shares







Date of the transaction

21 March  2022

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 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 nil cost share options over Ordinary Shares in the Company granted on 21 March 2019, under the rules of the Hunting Performance Share Plan.

 

 

Price(s) and volume(s)







Price(s)

Volume(s)




0  pence

  20,031 Ordinary Shares







Date of the transaction

21 March  2022

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)




328   pence

9,615 Ordinary Shares







Date of the transaction

21 March  2022

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 nil cost share awards over Ordinary Shares in the Company granted on 21 March 2019, under the rules of the Hunting Performance Share Plan.

 

 

Price(s) and volume(s)







Price(s)

Volume(s)




0   pence

 12,072   Ordinary Shares







Date of the transaction

21 March 2022

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)




328

    12,072  Ordinary Shares







Date of the transaction

21 March 2022

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 nil cost share awards over Ordinary Shares in the Company granted on 21 March 2019, under the rules of the Hunting Performance Share Plan.

 

 

Price(s) and volume(s)







Price(s)

Volume(s)




0  pence

   41,313   Ordinary Shares












Date of the transaction

21 March 2022

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)




328   pence

 37,135   Ordinary Shares







Date of the transaction

21 March 2022

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 nil cost share awards over Ordinary Shares in the Company granted on 21 March 2019, under the rules of the Hunting Performance Share Plan.

 

 

Price(s) and volume(s)







Price(s)

Volume(s)




   0 pence

  33,194    Ordinary Shares












Date of the transaction

21 March 2022

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)




  328     pence

33,194    Ordinary Shares







Date of the transaction

21 March 2022

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 nil cost share awards over Ordinary Shares in the Company granted on 21 March 2019, under the rules of the Hunting Performance Share Plan.

 

 

Price(s) and volume(s)







Price(s)

Volume(s)




0 pence

  35,813     Ordinary Shares












Date of the transaction

21 March 2022

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)




328        pence

  14,092  Ordinary Shares







Date of the transaction

21 March 2022

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 nil cost share options over Ordinary Shares in the Company granted on 21 March 2019, under the rules of the Hunting Performance Share Plan.

 

 

Price(s) and volume(s)







Price(s)

Volume(s)




0 pence

    2,325   Ordinary Shares












Date of the transaction

21 March 2022

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)




  328      pence

1,000   Ordinary Shares







Date of the transaction

21 March 2022

Place of the transaction

London

 

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Ben Willey

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

 

 

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 nil cost share options over Ordinary Shares in the Company granted on 21 March 2019, under the rules of the Hunting Performance Share Plan.

 

 

Price(s) and volume(s)







Price(s)

Volume(s)




0 pence

   13,836 Ordinary Shares












Date of the transaction

21 March  2022

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)




328   pence

 13,836  Ordinary Shares







Date of the transaction

21 March 2022

Place of the transaction

London

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Gregory Farmer

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 nil cost share awards over Ordinary Shares in the Company granted on 21 March 2019, under the rules of the Hunting Performance Share Plan.

 

 

Price(s) and volume(s)







Price(s)

Volume(s)




 0  pence

   25,496   Ordinary Shares












Date of the transaction

21 March 2022

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)




328   pence

 25,496  Ordinary Shares







Date of the transaction

21 March 2022

Place of the transaction

London

 

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Liese Borden

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 nil cost share awards over Ordinary Shares in the Company granted on 21 March 2019, under the rules of the Hunting Performance Share Plan.

 

 

Price(s) and volume(s)







Price(s)

Volume(s)




 0 pence

    14,325  Ordinary Shares












Date of the transaction

21 March 2022

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)




  328      pence

5,637   Ordinary Shares







Date of the transaction

21 March 2022

Place of the transaction

London

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Ryan Elliott

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 nil cost share awards over Ordinary Shares in the Company granted on 21 March 2019, under the rules of the Hunting Performance Share Plan.

 

 

Price(s) and volume(s)







Price(s)

Volume(s)




0 pence

    9,550  Ordinary Shares












Date of the transaction

21 March 2022

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)




  328      pence

9,550  Ordinary Shares







Date of the transaction

21 March 2022

Place of the transaction

London

 

For further information please contact:

 

Ben Willey, Company Secretary

020 7321 0123

 

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