Company Announcements

Directors Shareholding/PDMR transactions

Source: RNS
RNS Number : 1449P
Hunting PLC
20 May 2024
 

For Immediate Release

                                                                                             20 May 2024

 

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 2021 to a member of the Hunting Executive Committee, who is determined to be PDMR, partially vested and were exercised as follows:

 

PDMR

Position

No. of vested & exercised awards

No. of ordinary shares sold

No. of ordinary shares retained

Stewart Barrie

Executive Committee Member

15,279  

7,181

8,098

 

The performance measures of the awards are noted on page 150 of the 2023 Annual Report and Accounts. The performance period was 1 January 2021 to 31 December 2023.

 

Mr Barrie's interest in Hunting PLC ordinary shares, as an Executive Committee Member of the Company, now totals 50,434 ordinary shares, representing 0.03% of the issued share capital of the Company. The average selling price of the above ordinary shares for tax liabilities was 443.00 pence per share.

 

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 4 March 2021, under the rules of the Hunting Performance Share Plan.

 

 

Price(s) and volume(s)







Price(s)

Volume(s)




0  pence

   15,279   Ordinary Shares












Date of the transaction

15 May 2024

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)




443.00   pence

 7,181   Ordinary Shares







Date of the transaction

15 May 2024

Place of the transaction

London

For further information please contact:

 

Ben Willey, Company Secretary

020 7321 0123

 

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