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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