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Market Cap: £696.71m
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Directors Shareholding / PDMR

19 Apr 2018 12:34

RNS Number : 4966L
Hunting PLC
19 April 2018
 

For Immediate Release

19 April 2018

 

Hunting PLC

 

("Hunting" or "the Company")

 

Directors Shareholding/PDMR

 

Hunting PLC today announces the following share awards granted under the Hunting Performance Share Plan ("HPSP") to the executive Directors.

 

Jim Johnson

 

On 19 April 2018, under the rules of the HPSP, Jim Johnson was granted a conditional award at nil cost, to acquire 286,624 shares in the capital of the Company.

 

Peter Rose

 

On 19 April 2018, under the rules of the HPSP, Peter Rose was granted conditional options at nil cost, to acquire 87,085 shares in the capital of the Company.

 

The performance measures of the 2018 awards are noted on page 76 of the 2017 Annual Report and Accounts.

 

The number of shares subject to the award are determined by using the closing middle market price of a Hunting PLC Ordinary share on the day prior to the date of grant, being 785 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

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 25p each

Identification code

ISIN:- GB0004478896

b)

 

Nature of the transaction

 

Grant of Share Awards over Ordinary Shares under the rules of the Hunting Performance Share Plan (HPSP)

c)

 

Price(s) and volume(s)

Price(s)

Volume(s)

Nil cost

286,624 Ordinary Shares

d)

 

Aggregated information

- Aggregated volume

- Price

e)

 

Date of the transaction

 

19 April 2018

f)

 

Place of the transaction

 

London

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Peter Rose

 

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 25p each

Identification code

ISIN:- GB0004478896

b)

 

Nature of the transaction

 

Grant of Share Options over Ordinary Shares under the rules of the Hunting Performance Share Plan (HPSP)

c)

 

Price(s) and volume(s)

Price(s)

Volume(s)

Nil cost

87,085 Ordinary Shares

d)

 

Aggregated information

- Aggregated volume

- Price

e)

 

Date of the transaction

 

19 April 2018

f)

 

Place of the transaction

 

London

 

For further information please contact:

 

Ben Willey, Company Secretary

020 7321 0123

 

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