Annual Report, AGM Notice & Resolution Withdrawal

RNS Number : 2990Z

Hunting PLC

13 March 2017

 

For immediate release

13 March 2017

Hunting PLC

("Hunting" or the "Company")

Annual Report and Accounts 2016, Notice of Annual General Meeting

And

Withdrawal of Resolution

Hunting PLC (LSE:HTG) the international energy services group released its full year results for the year ended 31 December 2016 on Thursday 2 March 2017. Further to that announcement the Company confirms that the following documents have today been posted or otherwise made available to shareholders and published on the Company's website at www.huntingplc.com:

·           Annual Report and Accounts for the year ended 31 December 2016

·           Notice of Annual General Meeting 2017

·           Form of Proxy

Resolution 3 at the Annual General Meeting relates to shareholder approval for the exercise of discretion by the Remuneration Committee under the 2014 Hunting Performance Share Plan (the "Plan").  That resolution seeks approval to move from a Sterling basis to a local currency basis when measuring the Total Shareholder Return ("TSR") component in determining vesting of awards. Following consultation with shareholders, the Company announces that it no longer intends to seek shareholder approval for this resolution. Accordingly, TSR performance for awards under the Plan will continue to be measured on a Sterling basis unless and until any shareholder approval for the change is obtained in the future, and no shares will be received under the 2014 awards made under the Plan.

Copies of the documents listed above can be obtained during normal business hours until Monday 10 April 2017 at the registered office of the Company:

5 Hanover Square

London

W1S 1HQ

In accordance with Listing Rule 9.6.1, the documents listed above have also been submitted to the UK Listing Authority via the National Storage Mechanism and will shortly be available for inspection at www.hemscott.com/nsm.

The Annual General Meeting of the Company will be held at the Royal Automobile Club, 89 Pall Mall, London, SW1Y 5HS, on Wednesday 12 April 2017 at 10.30a.m.

For further information please contact:

Ben Willey

Company Secretary

Tel: [phone]

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 operations in Canada, China, Indonesia, Kenya, Mexico, Netherlands, Norway, Saudi Arabia, Singapore, South Africa, United Arab Emirates and the United States of America.

Hunting PLC's Legal Entity Identifier is 2138008S5FL78ITZRN66

 

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