Last checked at 2 May 2014 10:00
For immediate release | 2 May 2014 |
Hunting PLC
("Hunting" or "the Company")
Directors Shareholding/PDMR
Following the approval of the 2014 Hunting Performance Share Plan ("HPSP") at the Company's Annual General Meeting on 16 April 2014, Hunting today announces the following share awards granted to the executive Directors of the Company.
Dennis Proctor
On 1 May 2014, under the rules of the HPSP, Dennis Proctor was granted a conditional award at nil cost, to acquire 255,050 shares in the capital of the Company.
Peter Rose
On 1 May 2014, under the rules of the HPSP, Peter Rose was granted conditional options at nil cost, to acquire 72,238 shares in the capital of the Company.
These awards vest on the third anniversary from the date of grant subject to performance conditions.
The number of shares subject to the award is determined by using the average closing mid market price of a Hunting PLC share over the five consecutive dealing days prior to the date of grant at 866.3p per share.
For further information please contact:
Ben Willey, Company Secretary
020 7321 0123
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, South Africa, Thailand, United Arab Emirates and the United States of America.