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Director/PDMR Shareholding

18 Dec 2012 16:00

RNS Number : 8393T
Hunting PLC
18 December 2012
 



For Immediate Release

18 December 2012

 

 

 

 

 

 

Hunting PLC

 

("Hunting" or "the Company")

 

Director/PDMR Shareholding

 

Hunting PLC was today notified by Dennis Proctor, Chief Executive of the Company, of sale and repurchase share transactions in the ordinary shares of the Company. These transactions have been undertaken to reset Mr Proctor's personal capital gains tax position ahead of any potential legislation changes in the United States.

 

On 18 December 2012 Mr Proctor sold 422,448 ordinary shares in the Company at 758.5 pence per share and repurchased 422,448 ordinary shares in the Company at 758.5 pence per share.

 

Following these transactions, Mr Proctor's holding in the Company remains unchanged at 1,220,472 ordinary shares, representing 0.83% of the issued share capital of the Company.

 

For further information please visit www.huntingplc.com or contact:

 

Hunting PLC

Dennis Proctor, Chief Executive

Peter Rose, Finance Director

 

 

Tel: +1 713 595 2950

Tel: +44 (0) 20 7321 0123

 

Buchanan

Richard Darby

Jeremy Garcia

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 fully 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, Hong Kong, Indonesia, Mexico, Netherlands, Singapore, United Arab Emirates and the United States of America.

This information is provided by RNS
The company news service from the London Stock Exchange
 
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