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Directors Shareholding/PDMR transactions

19 May 2023 12:29

RNS Number : 0632A
Hunting PLC
19 May 2023
Ā 

For Immediate Release

19 May 2023

Ā 

Hunting PLC

Ā 

("Hunting" or "the Company")

Ā 

Directors Shareholding/PDMR transactions

Ā 

Hunting PLC today announces that under the rules of the Hunting Performance Share Plan ("HPSP"), following the measurement of the relevant performance conditions, nil cost share awards granted in 2020, that Ben Willey a Hunting Executive Committee member exercised his awards on 10 May 2023. Details as follows:

Ā 

PDMR

Position

No. of vested & exercised awards

No. of ordinary shares sold

No. of ordinary shares retained

Ben Willey

Executive Committee Member

Ā 21,650

10,176

11,475

Ā 

The performance measures of the awards are noted on page 150 of the 2022 Annual Report and Accounts. The performance period was 1 January 2020 to 31 December 2022.

Ā 

The average selling price of the above ordinary shares for tax liabilities was 219.5 pence.

Ā 

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

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

Ā 

TRANSACTION 1

Ā 

Ā 

Description of the financial instrument, type of instrument

Ordinary Shares of 25 pence each

Identification code

ISIN:- GB0004478896

Ā 

Nature of the transaction

Vesting and exercise of nil cost share awards over Ordinary Shares in the Company granted on 3 March 2020, under the rules of the Hunting Performance Share Plan.

Ā 

Ā 

Price(s) and volume(s)

Price(s)

Volume(s)

0 pence

21,650 Ordinary Shares

Date of the transaction

10 May 2023

Place of the transaction

London

Ā 

Ā 

TRANSACTION 2

Ā 

Ā 

Description of the financial instrument, type of instrument

Ordinary Shares of 25 pence each

Identification code

ISIN:- GB0004478896

Ā 

Nature of the transaction

Sale of Ordinary Shares to Cover Tax Liabilities

Ā 

Ā 

Price(s) and volume(s)

Price(s)

Volume(s)

219.5 pence

10,176 Ordinary Shares

Date of the transaction

10 May 2023

Place of the transaction

London

Ā 

For further information please contact:

Ā 

Ben Willey, Company Secretary

020 7321 0123

Ā 

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END
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