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Hunting PLC (HTG)

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Tuesday 18 June, 2019

Hunting PLC

Directors Shareholding/PDMR

RNS Number : 6117C
Hunting PLC
18 June 2019
 

For Immediate Release

18 June 2019

 

Hunting PLC

 

("Hunting" or "the Company")

 

Directors Shareholding/PDMR

 

Hunting PLC today announces share award transactions by an executive Director of the Company.

 

Peter Rose

 

On 17 June 2019, Peter Rose exercised 111,327 nil-cost options which were awarded under the rules of the Hunting Performance Share Plan. Mr Rose's options were granted on 11 March 2016 and vested on 11 March 2019.

 

The average price on exercise of the options was 493.68 pence per share.

 

Mr Rose subsequently sold 52,460 ordinary shares on the same date to cover personal tax liabilities and retained 58,867 ordinary shares.

 

The average selling price of the ordinary shares was 493.68 pence per share.

 

Following these transactions, Mr Rose's interest in the Company has increased to 167,712 ordinary shares representing 0.10% of the issued share capital.

 

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

Nil-cost options awarded under the Hunting Performance Share Plan.



Identification code

ISIN:- GB0004478896




Nature of the transaction

Exercise of nil-cost options in the Company under the rules of the Hunting Performance Share Plan.

 

 

Price(s) and volume(s)







Price(s)

Volume(s)




493.68 pence

111,327 nil-cost options












Date of the transaction

17 June 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)




493.68 pence

52,460 Ordinary Shares







Date of the transaction

17 June 2019

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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