Company Announcements

Directors Shareholding/PDMR transactions

Source: RNS
RNS Number : 6404S
Hunting PLC
10 March 2023
 

For Immediate Release

                                                                                             10 March  2023

 

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 2020 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

 48,990

19,278

29,712

Scott George

Executive Committee

10,559

10,559

0

Jason Mai

Executive Committee

 9,153

3,602

5,551

Stewart Barrie

Executive Committee

17,137

8,226

8,911

Gregory Farmer

Executive Committee

38,672

38,672

0

Liese Borden

Executive Committee

21,091

8,299

12,792

Ryan Elliot

Executive Committee

17,576

17,576

0

Dane Tipton

Executive Committee

39,669

15,609

24,060

 

Mr Johnson's interest in Hunting PLC ordinary shares, as a Director of the Company, now totals 567,988 ordinary shares, representing 0.34% of the issued share capital of the Company.

 

The performance measures of the awards are noted on page 150 of the 2022 Annual Report and Accounts. The performance period was 1 January 2020 to 31 December 2022.

 

The average selling price of the above ordinary shares for tax liabilities was 282.0 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 3 March 2020, under the rules of the Hunting Performance Share Plan.

 

 

Price(s) and volume(s)







Price(s)

Volume(s)




0  pence

  48,990 Ordinary Shares







Date of the transaction

3 March 2023

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)




282 pence

19,278 Ordinary Shares







Date of the transaction

3 March  2023

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 3 March 2020, under the rules of the Hunting Performance Share Plan.

 

 

Price(s) and volume(s)







Price(s)

Volume(s)




0  pence

   10,559   Ordinary Shares












Date of the transaction

3 March 2023

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)




282   pence

 10,559   Ordinary Shares







Date of the transaction

3 March 2023

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 3 March 2020, under the rules of the Hunting Performance Share Plan.

 

 

Price(s) and volume(s)







Price(s)

Volume(s)




0 pence

  9,153 Ordinary Shares












Date of the transaction

3 March 2023

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)




282 pence

  3,602  Ordinary Shares







Date of the transaction

3 March 2023

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 awards over Ordinary Shares in the Company granted on 3 March 2020, under the rules of the Hunting Performance Share Plan.

 

 

Price(s) and volume(s)







Price(s)

Volume(s)




0 pence

    17,137   Ordinary Shares












Date of the transaction

3 March 2023

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)




  282 pence

8,226   Ordinary Shares







Date of the transaction

3 March 2023

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 3 March 2020, under the rules of the Hunting Performance Share Plan.

 

 

Price(s) and volume(s)







Price(s)

Volume(s)




 0  pence

   38,672   Ordinary Shares












Date of the transaction

3 March 2023

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)




282  pence

 38,672  Ordinary Shares







Date of the transaction

3 March 2023

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 3 March 2020, under the rules of the Hunting Performance Share Plan.

 

 

Price(s) and volume(s)







Price(s)

Volume(s)




 0 pence

    21,091  Ordinary Shares












Date of the transaction

3 March 2023

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)




  282     pence

8,299   Ordinary Shares







Date of the transaction

3 March 2023

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 3 March 2020, under the rules of the Hunting Performance Share Plan.

 

 

Price(s) and volume(s)







Price(s)

Volume(s)




0 pence

    17,576  Ordinary Shares












Date of the transaction

3 March 2023

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)




  282 pence

17,576  Ordinary Shares







Date of the transaction

3 March 2023

Place of the transaction

London

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Dane Tipton

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 3 March 2020, under the rules of the Hunting Performance Share Plan.

 

 

Price(s) and volume(s)







Price(s)

Volume(s)




0 pence

    39,669  Ordinary Shares












Date of the transaction

3 March 2023

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)




  282 pence

15,609 Ordinary Shares







Date of the transaction

3 March 2023

Place of the transaction

London

 

 

 

 

For further information please contact:

 

Ben Willey, Company Secretary

020 7321 0123

 

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