Last checked at 18 Dec 2012 16:00
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
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Tel: +1 713 595 2950 Tel: +44 (0) 20 7321 0123
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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.