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Pin to quick picksHunting Regulatory News (HTG)

Share Price Information for Hunting (HTG)

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Share Price: 410.00
Bid: 407.00
Ask: 409.00
Change: -8.50 (-2.03%)
Spread: 2.00 (0.491%)
Open: 405.00
High: 415.50
Low: 405.00
Prev. Close: 418.50
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Appointment of non-executive Director

3 Jan 2023 07:00

RNS Number : 4053L
Hunting PLC
03 January 2023
 

For Immediate Release

3 January 2023

 

Hunting PLC

 

("Hunting" or the "Company")

 

Appointment of non-executive Director

 

Hunting PLC (LSE:HTG), the international energy services group, today announces the appointment of Stuart Brightman as a new independent, non-executive Director of the Company, with immediate effect.

 

Mr Brightman is a leading energy services executive having spent the majority of his career at TETRA Technologies Inc. ("TETRA"), Dresser Inc. and Cameron Iron Works.

 

During his time at TETRA, Mr Brightman held the position of Chief Operating Officer between 2005 and 2009, prior to his appointment as Chief Executive Officer, a position he held between 2009 and 2019, before his retirement from the business. As Chief Executive Officer, Mr Brightman repositioned TETRA's businesses to focus on higher return technologies and products, which included organic and acquisitive growth of its three core operating segments.

 

Mr Brightman began his career with Arthur Young & Co., a predecessor firm of Ernst & Young (EY).

 

Mr Brightman's appointment comes at a key time for Hunting, as the Company believes the global energy industry is at the start of a strong period of growth as energy security, oil and gas reserves depletion, low carbon energy transition and economic stability all form part of the dynamics of this important sector.

 

Mr Brightman joins the Board of Hunting with immediate effect, and will automatically retire and offer himself for re-appointment by shareholders at the Company's 2023 Annual General Meeting to be held on Wednesday 19 April 2023. Further, Mr Brightman will join all of the Board's Committees with immediate effect.

 

Pursuant to Listing Rule 9.6.13, Mr Brightman is also a non-executive Director of NexTier Oilfield Solutions Inc.

 

For further information please contact:

 

Hunting PLC

Jay Glick, Non-Executive Chairman

Ben Willey, Company Secretary

 

Tel: +44 (0) 20 7321 0123

Buchanan

Ben Romney

Jon Krinks

Tel: +44 (0) 20 7466 5000

 

Notes to Editors:

 

About Hunting PLC

 

Hunting PLC is an international energy services provider to the world's leading upstream oil and gas companies. Established in 1874, it is a premium listed public company traded on the London Stock Exchange. The Company maintains a corporate office in Houston and is headquartered in London. As well as the United Kingdom, the Company has principal operations in Canada, China, Indonesia, Mexico, Netherlands, Singapore, United Arab Emirates and the United States of America.

 

The Group reports in US dollars across four segments: Hunting Titan, North America, Europe, Middle East and Africa ("EMEA") and Asia Pacific.

 

From 1 January 2023, the Group will be reporting across five segments: Hunting Titan, North America, Subsea Technologies, EMEA and Asia Pacific.

 

Hunting PLC's Legal Entity Identifier is 2138008S5FL78ITZRN66.

 

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