HTG Hunting Plc

TIDMHTG

RNS Number : 5285R

Hunting PLC

08 March 2021

 
For Immediate Release    8 March 2021 
 

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 and to a member of the Executive Committee, has been settled in Hunting PLC ordinary shares (shares).

Under the Annual Performance-Linked Bonus Plan rules, the post-tax value of the 2020 bonus has been delivered at a closing mid-market price on 4 March of 269.2 pence per share, from market purchased shares held in trust by the Hunting Employee Benefit Trust.

As a result Jim Johnson receives 24,289 shares, Bruce Ferguson receives 5,676 shares and Rick Bradley 11,877 shares. The shares are to be retained, 75% for a minimum of one year and 25% for a minimum of two years.

 
 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                            Initial 
       /Amendment 
     ----------------------------------------------  ------------------------------------------------------- 
 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                    Ordinary Shares of 25 pence each 
       instrument, type of 
       instrument 
 
      Identification code                             ISIN:- GB0004478896 
 
      Nature of the transaction                       Delivery of 100% of post-tax value of annual 
                                                       bonus in shares 
     ----------------------------------------------  ------------------------------------------------------- 
      Price(s) and volume(s)                          Price(s)           Volume(s) 
                                                      269.2 pence        24,289 Ordinary Shares 
 
      Date of the transaction                         5 March 2021 
                                                     ------------------------------------------------------- 
      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                                 Finance Director 
     ----------------------------------------------  ------------------------------------------------------- 
 b)   Initial notification                            Initial 
       /Amendment 
     ----------------------------------------------  ------------------------------------------------------- 
 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                    Ordinary Shares of 25 pence each 
       instrument, type of 
       instrument 
 
      Identification code                             ISIN:- GB0004478896 
 
      Nature of the transaction                       Delivery of 100% of post-tax value of annual 
                                                       bonus in shares 
     ----------------------------------------------  ------------------------------------------------------- 
      Price(s) and volume(s)                          Price(s)           Volume(s) 
                                                      269.2 pence        5,676 Ordinary 
                                                                          Shares 
 
      Date of the transaction                         5 March 2021 
     ----------------------------------------------  ------------------------------------------------------- 
      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                            Initial 
       /Amendment 
     ----------------------------------------------  ------------------------------------------------------- 
 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                    Ordinary Shares of 25 pence each 
       instrument, type of 
       instrument 
 
      Identification code                             ISIN:- GB0004478896 
 
      Nature of the transaction                       Delivery of 100% of post-tax value of annual 
                                                       bonus in shares 
     ----------------------------------------------  ------------------------------------------------------- 
      Price(s) and volume(s)                          Price(s)           Volume(s) 
                                                      269.2 pence        11,877 Ordinary 
                                                                          Shares 
 
      Date of the transaction                         5 March 2021 
     ----------------------------------------------  ------------------------------------------------------- 
      Place of the transaction                        London 
     ----------------------------------------------  ------------------------------------------------------- 
 
 

For further information please contact:

 
Ben Willey, Company Secretary   020 7321 0123 
 

, 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 rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHUPUAGWUPGGCR

(END) Dow Jones Newswires

March 08, 2021 09:30 ET (14:30 GMT)