Hunting PLC Director/PDMR Shareholding
March 06 2024 - 11:20AM
RNS Regulatory News
RNS Number : 8906F
Hunting PLC
06 March 2024
|
For Immediate Release
|
6 March 2024
|
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 partially
settled in Hunting PLC ordinary shares (shares).
Under the Annual Performance-Linked
Bonus Plan rules, the post-tax value of 25% of the 2023 bonus has
been delivered at a closing mid-market price on 29 February 2024 of
334.5 pence per share, from market purchased shares held in trust
by the Hunting Employee Benefit Trust.
As a result Jim Johnson receives
52,652 shares and Bruce Ferguson receives 16,434 shares. The shares
are to be retained 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
/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)
|
|
|
|
334.5 pence
|
52,652 Ordinary Shares
|
|
|
|
|
|
|
|
|
Date of the transaction
|
5 March 2024
|
|
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
/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)
|
|
|
|
334.5 pence
|
16,434 Ordinary Shares
|
|
|
|
|
|
|
|
|
Date of the transaction
|
5 March 2024
|
|
Place of the transaction
|
London
|
|
|
|
|
|
For further information please
contact:
|
|
|
|
|
|
|
| |
|
Ben Willey, Company
Secretary
|
020 7321 0123
|
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END
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