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Last checked at 
10 Apr 2025 16:29
For Immediate Release | 10 April 2025 |
Hunting PLC
("Hunting" or "the Company")
Directors Shareholding/PDMR
Hunting PLC today announces the following share awards granted on 7 April 2025 under the 2024 Hunting Performance Share Plan ("HPSP") to the executive Directors and members of the Executive Committee.
PDMR | Position | Number ofperformance-basedawards granted | Number oftime- based awards granted | Total number of awardsgranted |
Jim Johnson | Chief Executive | 884,906 | 252,830 | 1,137,736 |
Bruce Ferguson | Finance Director | 206,130 | 64,415 | 270,545 |
Liese Borden | Executive Committee Member | 85,463 | 56,976 | 142,439 |
Adam Dyess | Executive Committee Member | 73,760 | 49,173 | 122,933 |
Ryan Elliott | Executive Committee Member | 71,220 | 47,480 | 118,700 |
Gregory Farmer | Executive Committee Member | 92,016 | 61,344 | 153,360 |
Scott George | Executive Committee Member | 154,720 | 103,147 | 257,867 |
Graham Goodall | Executive Committee Member | 34,565 | 23,044 | 57,609 |
Dane Tipton | Executive Committee Member | 126,210 | 84,140 | 210,350 |
Ben Willey | Executive Committee Member | 88,176 | 58,784 | 146,960 |
The Company has also granted Daniel Tan 126,910 performance-based cash awards subject to the same conditions and targets as the performance-based share awards and 84,607 time-based cash awards.
The share and cash awards are subject to vesting on the third anniversary of the date of grant.
This year, the performance conditions and targets attached to the performance-based awards of the HPSP grant are as follows:
Performance Condition | Proportion | Threshold Vesting | Maximum Vesting |
TSR | 30% | Median | Upper Quartile |
ROCE | 25% | 11.5% | 15.0% |
EPS | 15% | 40.0 cents | 60.0 cents |
FCF | 15% | $200m | $270m |
Balanced Scorecard | |||
- Safety | 7.5% | 2.00 | |
- Quality Assurance | 7.5% | 0.8 |
The EPS and ROCE performance conditions will be measured against the financial performance of the Company for the year ended 31 December 2027, while the TSR, FCF and Balanced Scorecard performance conditions will be measured based on data for the three- year performance period ended 31 December 2027.
The number of shares subject to the award are determined by using the average closing middle market price of a Hunting PLC Ordinary share on 4 April 2025, being 267.5 pence per share.
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 Director | |||
b) | Initial notification /Amendment | Initial notification | |||
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 | ||||
a) | Description of the financial instrument, type of instrument | Awards over Ordinary Shares of 25 pence each | |||
Identification code | ISIN:- GB0004478896 | ||||
b) | Nature of the transaction | Grant of Share Awards over Ordinary Shares under the rules of the 2024 Hunting Performance Share Plan (HPSP) | |||
c) | |||||
Price(s) and volume(s) | Price(s) | Volume(s) | |||
Nil cost | 1,137,736 Ordinary Shares | ||||
d) |
Aggregated information | ||||
- Aggregated volume | 1,137,736 | ||||
- Price | Nil | ||||
e) | Date of the transaction | 7 April 2025 | |||
f) | 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 notification | |||
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 | ||||
a) | Description of the financial instrument, type of instrument | Awards over Ordinary Shares of 25 pence each | |||
Identification code | ISIN:- GB0004478896 | ||||
b) | Nature of the transaction | Grant of Share Awards over Ordinary Shares under the rules of the 2024 Hunting Performance Share Plan (HPSP) | |||
c) | |||||
Price(s) and volume(s) | Price(s) | Volume(s) | |||
Nil cost | 270,545 Ordinary Shares | ||||
d) |
Aggregated information | ||||
- Aggregated volume | 270,545 | ||||
- Price | Nil | ||||
e) | Date of the transaction | 7 April 2025 | |||
f) | 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 notification | |||
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 | ||||
a) | Description of the financial instrument, type of instrument | Awards over Ordinary Shares of 25 pence each | |||
Identification code | ISIN:- GB0004478896 | ||||
b) | Nature of the transaction | Grant of Share Awards over Ordinary Shares under the rules of the 2024 Hunting Performance Share Plan (HPSP) | |||
c) | |||||
Price(s) and volume(s) | Price(s) | Volume(s) | |||
Nil cost | 142,439 Ordinary Shares | ||||
d) |
Aggregated information | ||||
- Aggregated volume | 142,439 | ||||
- Price | Nil | ||||
e) | Date of the transaction | 7 April 2025 | |||
f) | Place of the transaction | London | |||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | Adam Dyess | |||
2 | Reason for the notification | ||||
a) | Position/status | Executive Committee Member | |||
b) | Initial notification /Amendment | Initial notification | |||
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 | ||||
a) | Description of the financial instrument, type of instrument | Awards over Ordinary Shares of 25 pence each | |||
Identification code | ISIN:- GB0004478896 | ||||
b) | Nature of the transaction | Grant of Share Awards over Ordinary Shares under the rules of the 2024 Hunting Performance Share Plan (HPSP) | |||
c) | |||||
Price(s) and volume(s) | Price(s) | Volume(s) | |||
Nil cost | 122,933 Ordinary Shares | ||||
d) |
Aggregated information |
| |||
- Aggregated volume | 122,933 | ||||
- Price | Nil | ||||
e) | Date of the transaction | 7 April 2025 | |||
f) | 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 notification | |||
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 | ||||
a) | Description of the financial instrument, type of instrument | Awards over Ordinary Shares of 25 pence each | |||
Identification code | ISIN:- GB0004478896 | ||||
b) | Nature of the transaction | Grant of Share Awards over Ordinary Shares under the rules of the 2024 Hunting Performance Share Plan (HPSP) | |||
c) | |||||
Price(s) and volume(s) | Price(s) | Volume(s) | |||
Nil cost | 118,700 Ordinary Shares | ||||
d) |
Aggregated information | ||||
- Aggregated volume | 118,700 | ||||
- Price | Nil | ||||
e) | Date of the transaction | 7 April 2025 | |||
f) | 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 notification | |||
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 | ||||
a) | Description of the financial instrument, type of instrument | Awards over Ordinary Shares of 25 pence each | |||
Identification code | ISIN:- GB0004478896 | ||||
b) | Nature of the transaction | Grant of Share Awards over Ordinary Shares under the rules of the 2024 Hunting Performance Share Plan (HPSP) | |||
c) | |||||
Price(s) and volume(s) | Price(s) | Volume(s) | |||
Nil cost | 153,360 Ordinary Shares | ||||
d) |
Aggregated information | ||||
- Aggregated volume | 153,360 | ||||
- Price | Nil | ||||
e) | Date of the transaction | 7 April 2025 | |||
f) | 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 notification | |||
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 | ||||
a) | Description of the financial instrument, type of instrument | Awards over Ordinary Shares of 25 pence each | |||
Identification code | ISIN:- GB0004478896 | ||||
b) | Nature of the transaction | Grant of Share Awards over Ordinary Shares under the rules of the 2024 Hunting Performance Share Plan (HPSP) | |||
c) | |||||
Price(s) and volume(s) | Price(s) | Volume(s) | |||
Nil cost | 257,867 Ordinary Shares | ||||
d) |
Aggregated information | ||||
- Aggregated volume | 257,867 | ||||
- Price | Nil | ||||
e) | Date of the transaction | 7 April 2025 | |||
f) | Place of the transaction | London | |||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | Graham Goodall | |||
2 | Reason for the notification | ||||
a) | Position/status | Executive Committee Member | |||
b) | Initial notification /Amendment | Initial notification | |||
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 | ||||
a) | Description of the financial instrument, type of instrument | Awards over Ordinary Shares of 25 pence each | |||
Identification code | ISIN:- GB0004478896 | ||||
b) | Nature of the transaction | Grant of Share Awards over Ordinary Shares under the rules of the 2024 Hunting Performance Share Plan (HPSP) | |||
c) | |||||
Price(s) and volume(s) | Price(s) | Volume(s) | |||
Nil cost | 57,609 Ordinary Shares | ||||
d) |
Aggregated information |
| |||
- Aggregated volume | 57,609 | ||||
- Price | Nil | ||||
e) | Date of the transaction | 7 April 2025 | |||
f) | Place of the transaction | London | |||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | Dane Tipton | |||
2 | Reason for the notification | ||||
a) | Position/status | Executive Committee Member | |||
b) | Initial notification /Amendment | Initial notification | |||
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 | ||||
a) | Description of the financial instrument, type of instrument | Awards over Ordinary Shares of 25 pence each | |||
Identification code | ISIN:- GB0004478896 | ||||
b) | Nature of the transaction | Grant of Share Awards over Ordinary Shares under the rules of the 2024 Hunting Performance Share Plan (HPSP) | |||
c) | |||||
Price(s) and volume(s) | Price(s) | Volume(s) | |||
Nil cost | 210,350 Ordinary Shares | ||||
d) |
Aggregated information | ||||
- Aggregated volume | 210,350 | ||||
- Price | Nil | ||||
e) | Date of the transaction | 7 April 2025 | |||
f) | 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 notification | |||
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 | ||||
a) | Description of the financial instrument, type of instrument | Awards over Ordinary Shares of 25 pence each | |||
Identification code | ISIN:- GB0004478896 | ||||
b) | Nature of the transaction | Grant of Share Awards over Ordinary Shares under the rules of the 2024 Hunting Performance Share Plan (HPSP) | |||
c) | |||||
Price(s) and volume(s) | Price(s) | Volume(s) | |||
Nil cost | 146,960 Ordinary Shares | ||||
d) |
Aggregated information | ||||
- Aggregated volume | 146,960 | ||||
- Price | Nil | ||||
e) | Date of the transaction | 7 April 2025 | |||
f) | 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 notification | |||
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 | ||||
a) | Description of the financial instrument, type of instrument | Cash Awards over Ordinary Shares of 25 pence each | |||
Identification code | ISIN:- GB0004478896 | ||||
b) | Nature of the transaction | Grant of Cash Awards subject to the rules of the 2024 Hunting Performance Share Plan (HPSP) | |||
c) | |||||
Price(s) and volume(s) | Price(s) | Volume(s) | |||
Nil cost | 211,517 Ordinary Shares | ||||
d) |
Aggregated information | ||||
- Aggregated volume | 211,517 | ||||
- Price | Nil | ||||
e) | Date of the transaction | 7 April 2025 | |||
f) | Place of the transaction | London | |||
For further information please contact:
Ben Willey, Company Secretary | 020 7321 0123 |
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