Last checked at 23 Mar 2022 14:30
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 |