Last checked at 19 May 2023 12:29
For Immediate Release | 19 May 2023 |
Hunting PLC
("Hunting" or "the Company")
Directors Shareholding/PDMR transactions
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:
PDMR | Position | No. of vested & exercised awards | No. of ordinary shares sold | No. of ordinary shares retained |
Ben Willey | Executive Committee Member | 21,650 | 10,176 | 11,475 |
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.
The average selling price of the above ordinary shares for tax liabilities was 219.5 pence.
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 | ||||
| TRANSACTION 1 | ||||
| Description of the financial instrument, type of instrument | Ordinary Shares of 25 pence each | |||
Identification code | ISIN:- GB0004478896 | ||||
| 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. | |||
| 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 | ||||
| TRANSACTION 2 | ||||
| Description of the financial instrument, type of instrument | Ordinary Shares of 25 pence each | |||
Identification code | ISIN:- GB0004478896 | ||||
| Nature of the transaction | Sale of Ordinary Shares to Cover Tax Liabilities | |||
| 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 | ||||
For further information please contact:
Ben Willey, Company Secretary | 020 7321 0123 |