9th Mar 2023 15:45
For Immediate Release | 9 March 2023 |
Hunting PLC
("Hunting" or "the Company")
Directors Shareholding/PDMR
Hunting PLC today announces that in line with the shareholder approved Directors' Remuneration Policy, 25% of the annual bonus due to the Executive Directors has been retained in Hunting PLC ordinary shares (shares).
Under the Annual Performance-Linked Bonus Plan rules, the post-tax value of the 2022 bonus has been purchased at a closing mid-market price on 3 March of 282.0 pence per share, from market purchased shares held in trust by the Hunting Employee Benefit Trust.
As a result Jim Johnson receives 68,813 shares and Bruce Ferguson receives 21,004 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 100% of post-tax value of annual bonus in shares | ||||
Price(s) and volume(s) | Price(s) | Volume(s) | ||||
282.0 pence | 68,813 Ordinary Shares | |||||
Date of the transaction | 6 March 2023 | |||||
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 100% of post-tax value of annual bonus in shares | ||||
Price(s) and volume(s) | Price(s) | Volume(s) | ||||
282.0 pence | 21,004 Ordinary Shares | |||||
Date of the transaction | 6 March 2023 | |||||
Place of the transaction | London | |||||
For further information please contact:
Ben Willey, Company Secretary | 020 7321 0123 |
Related Shares:
Hunting