Last checked at 7 Mar 2022 16:00
For Immediate Release | 7 March 2022 |
Hunting PLC
("Hunting" or "the Company")
Directors Shareholding/PDMR
Hunting PLC today announces that in line with the shareholder approved Directors' Remuneration Policy, the annual bonus due to the Executive Directors and to a member of the executive Committee,has been settled in Hunting PLC ordinary shares (shares).
Under the Annual Performance-Linked Bonus Plan rules, the post-tax value of the 2021 bonus has been delivered at a closing mid-market price on 3 March of 219.5 pence per share, from market purchased shares held in trust by the Hunting Employee Benefit Trust.
As a result Jim Johnson receives 31,010 shares, Bruce Ferguson receives 14,784 shares and Rick Bradley 15,821 shares. The shares are to be retained, 100% for a minimum of one year and 25% for a minimum of two years.
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 | Delivery of 100% of post-tax value of annual bonus in shares | |||||
Price(s) and volume(s) | Price(s) | Volume(s) | ||||
219.5 pence | 31,010 Ordinary Shares | |||||
Date of the transaction | 4 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 | Delivery of 100% of post-tax value of annual bonus in shares | |||||
Price(s) and volume(s) | Price(s) | Volume(s) | ||||
219.5 pence | 14,784 Ordinary Shares | |||||
Date of the transaction | 4 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 | Delivery of 100% of post-tax value of annual bonus in shares | |||||
Price(s) and volume(s) | Price(s) | Volume(s) | ||||
219.5 pence | 15,821 Ordinary Shares | |||||
Date of the transaction | 4 March 2022 | |||||
Place of the transaction | London | |||||
For further information please contact:
Ben Willey, Company Secretary | 020 7321 0123 |