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Market Cap: £690.41m
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Holdings in Company and PDMR Declaration

13 Mar 2015 15:03

RNS Number : 4319H
Hunting PLC
13 March 2015
 



For immediate release

13 March 2015

 

Hunting PLC

 

("Hunting" or the "Company")

 

Holdings In Company

 

Hunting PLC (LSE : HTG) has received notification today from Hunting Investments Limited ("HIL") that on 12 March 2015, it purchased 100,000 ordinary shares in the Company at an average price of 486.2 pence per share. Following this share purchase HIL has a beneficial interest in 11,073,487 ordinary shares in Hunting, representing 7.44% in the issued share capital of the Company.

 

These additional shares are party to the shareholder agreement signed by various Hunting Family Interests on 22 September 2014.

 

The total voting rights held by the voting committee administered by HIL has therefore increased to 25,510,438 representing 17.14% of the issued share capital of the Company.

 

The table below details the beneficial holdings of the signatories to the shareholder agreement in relation to Hunting PLC ordinary shares:

 

 

 

Beneficial Holding

Hunting Investments Limited (including Huntridge Limited)

11,073,487

Slaley Investments Limited

6,411,679

Hunting Family Trusts

6,025,864

Hunting Family members

1,999,408

Total

25,510,438

 

 

PDMR Declaration

 

Richard Hunting

 

Richard Hunting, Hunting PLC's non-executive Chairman, is a connected party in relation to the above share purchase as he is a Director of HIL. He is also a signatory to the shareholder agreement.

 

Richard Hunting's beneficial holding of 463,306 ordinary shares in Hunting PLC remains unchanged representing 0.31% of the current issued share capital of Hunting PLC. Richard Hunting's non-beneficial interest in the Hunting Family Trusts also remains at 979,049 ordinary shares in the Company, representing 0.66% of the issued share capital of Hunting PLC. All voting rights have, however, been transferred to the Voting Committee.

 

For further information please contact:

 

Hunting PLC

Ben Willey, Company Secretary

Tel: +44 (0) 20 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 premium 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.

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