21st Oct 2013 12:15
LONDON (Alliance News) - Hunting PLC said Monday that non-executive Chairman Richard Hunting sold 35,796 shares at 857.8 pence each on Friday in his role as a trustee of the Hunting Family Trust.
As a result, the Hunting Family Trust's holding in the oil-and-gas company was reduced to 979,049 shares representing 0.66% of the share capital.
Hunting's beneficial holding remained unchanged at 463,306 shares representing 0.31% of the share capital.
Following the transaction, Hunting has voting rights, personally and as a trustee of the Hunting Family Trust, over 1.4 million shares equating to 0.97% of the company.
Shares in Hunting were up 3.00p at 875.50p Monday afternoon.
By Arvind Bhunjun; [email protected]; @arvindbhunjun
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