Director/PDMR Shareholding

RNS Number : 9247S
Hunting PLC
14 March 2019
 

For Immediate Release

14 March 2019

 

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"), and following the measurement of the relevant performance conditions, shares granted in 2016 to the executive Directors and members of the Hunting executive committee, who are all determined to be PDMRs, partially vested and were exercised as follows:

 

PDMR

Position

No. of vested & exercised awards

No. of ordinary shares sold

No. of ordinary shares retained

Jim Johnson

Executive Director

179,745

70,901

108,844

Rick Bradley

Executive Committee

106,014

41,830

64,184

Scott George

Executive Committee

112,674

83,610

29,064

Chris Wallace

Executive Committee

7,139

7,139

n/a

Bruce Ferguson

Executive Committee

61,470

28,978

32,492

Sean O'Shea

Executive Committee

40,827

n/a

40,827

Daniel Tan

Executive Committee

74,948

25,099

49,849

 

Mr Johnson's interest in Hunting PLC ordinary shares, as a Director of the Company, now totals 205,042 ordinary shares, representing 0.12% of the issued share capital of the Company.

 

The performance measures of the awards are noted on pages 75 and 81 of the 2018 Annual Report and Accounts. The performance period was 1 January 2016 to 31 December 2018.

 

The closing middle market price of a Hunting PLC ordinary share on the vesting date was 518.50 pence per share. The average selling price of the above ordinary shares for tax liabilities was 519.94 pence.

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Jim Johnson

2

Reason for the notification

a)

Position/status

Chief Executive

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 share awards over Ordinary Shares in the Company granted on 11 March 2016, under the rules of the Hunting Performance Share Plan.

 

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

519.94 pence

179,745 Ordinary Shares

 

 

 

 

 

 

Date of the transaction

13 March 2019

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)

 

 

 

519.94 pence

70,901 Ordinary Shares

 

 

 

 

 

 

Date of the transaction

13 March 2019

Place of the transaction

London

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Rick Bradley

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 share awards over Ordinary Shares in the Company granted on 11 March 2016, under the rules of the Hunting Performance Share Plan.

 

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

519.94 pence

106,014 Ordinary Shares

 

 

 

 

 

 

Date of the transaction

13 March 2019

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)

 

 

 

519.94 pence

41,830 Ordinary Shares

 

 

 

 

 

 

Date of the transaction

13 March 2019

Place of the transaction

London

 

 

 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Scott George

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 share awards over Ordinary Shares in the Company granted on 11 March 2016, under the rules of the Hunting Performance Share Plan.

 

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

519.94 pence

112,674  Ordinary Shares

 

 

 

 

 

 

Date of the transaction

13 March 2019

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

 

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

519.94 pence

83,610  Ordinary Shares

 

 

 

 

 

 

Date of the transaction

13 March 2019

Place of the transaction

London

 

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Chris Wallace

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 share awards over Ordinary Shares in the Company granted on 11 March 2016, under the rules of the Hunting Performance Share Plan.

 

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

519.94 pence

7,139 Ordinary Shares

 

 

 

 

 

 

Date of the transaction

13 March 2019

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

 

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

519.94 pence

7,139  Ordinary Shares

 

 

 

 

 

 

Date of the transaction

13 March 2019

Place of the transaction

London

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Bruce Ferguson

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 share awards over Ordinary Shares in the Company granted on 11 March 2016, under the rules of the Hunting Performance Share Plan.

 

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

519.94 pence

61,470 Ordinary Shares

 

 

 

 

 

 

 

 

 

 

 

Date of the transaction

13 March 2019

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)

 

 

 

519.94 pence

28,978 Ordinary Shares

 

 

 

 

 

 

Date of the transaction

13 March 2019

Place of the transaction

London

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Sean O'Shea

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 share awards over Ordinary Shares in the Company granted on 11 March 2016, under the rules of the Hunting Performance Share Plan.

 

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

518.50 pence

40,827 Ordinary Shares

 

 

 

 

 

 

 

 

 

 

 

Date of the transaction

11 March 2019

Place of the transaction

London

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Daniel Tan

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 share awards over Ordinary Shares in the Company granted on 11 March 2016, under the rules of the Hunting Performance Share Plan.

 

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

519.94 pence

74,948 Ordinary Shares

 

 

 

 

 

 

 

 

 

 

 

Date of the transaction

13 March 2019

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)

 

 

 

519.94 pence

25,099 Ordinary Shares

 

 

 

 

 

 

Date of the transaction

13 March 2019

Place of the transaction

London

 

 

 

For further information please contact:

 

Ben Willey, Company Secretary

020 7321 0123

 


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