Last checked at 16 Mar 2020 07:15
For Immediate Release | 16 March 2020 |
Hunting PLC
("Hunting" or "the Company" or "the Group")
Transaction in Own Shares
Hunting PLC (the "Company"), the international energy services group, today announces that it has purchased, in accordance with the authority granted by shareholders at the 2019 Annual General Meeting of the Company, the following number of its ordinary shares of £0.25 each ("Shares") on Exchange (as defined in the Rules of the London Stock Exchange) as part of the buyback programme announced on 27 February 2020: (the "Programme"):
Date of purchase: | 13 March 2020 |
Venue: | London Stock Exchange |
Number of Shares purchased: | 250,000 |
Highest price paid per Share (pence): | 198.5000 |
Lowest price paid per Share (pence): | 178.8000 |
Volume weighted average price paid per Share (pence): | 186.7849 |
Broker: | Barclays Bank PLC |
The Company intends to cancel these Shares.
At 27 February 2020, the Company had 166,940,082 Shares in issue.
Since the 27 February 2020, when the Programme commenced, 1,236,084 shares have been purchased, which have been or will be cancelled, and includes shares that have not settled yet, giving a current issued share capital of 165,703,998. This number represents the total voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.
In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), detailed information about the individual purchases is attached to this announcement via the link below.
http://www.rns-pdf.londonstockexchange.com/rns/1818G_1-2020-3-13.pdf
For further information, please contact:
Hunting PLC Ben Willey, Company Secretary
| Tel: +44 (0) 20 7321 0123 |
Shares purchased: Hunting PLC's (ISDN Code: 2138008S5FL78ITZRN66)