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Hunting PLC (HTG)

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Friday 28 February, 2020

Hunting PLC

Director Shareholding

RNS Number : 5393E
Hunting PLC
28 February 2020
 

For Immediate Release

 28 February 2020

 

Hunting PLC

 

("Hunting" or "the Company")

 

Directors Shareholding/PDMR

 

Hunting PLC today announces that in line with the shareholder approved Directors' Remuneration Policy, the annual bonus due to the Executive Directors has been paid through a mix of cash and Hunting PLC ordinary shares (shares).

 

Under the Annual Performance-Linked Bonus Plan rules, 25% of the post-tax value of the bonus was delivered at a closing mid-market price on 26 February 2020 of 292.4 pence per share, from market purchased shares held in trust by the Hunting Employee Benefit Trust.

 

As a result Jim Johnson receives 22,800 shares and Peter Rose receives 8,882 shares. The shares are to be retained for a minimum of two years. The balance of their 2019 annual bonus is payable in cash.

 

 

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

Delivery of 25% of post-tax value of annual bonus in shares


Price(s) and volume(s)

Price(s)

Volume(s)



292.4 pence

22,800 Ordinary Shares







Date of the transaction

27 February 2020

Place of the transaction

London

1

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

Peter Rose

2

Reason for the notification

a)

Position/status

Finance Director

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

Delivery of 25% of post-tax value of annual bonus in shares


Price(s) and volume(s)

Price(s)

Volume(s)



292.4 pence

8,882 Ordinary Shares







Date of the transaction

27 February 2020

Place of the transaction

London

 

For further information please contact:

 

Ben Willey, Company Secretary

020 7321 0123

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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