| For Immediate Release | 20 May 2024 |
Hunting PLC
("Hunting" or "the Company")
Directors Shareholding/PDMR transactions
Hunting PLC today announces that under the rules of the Hunting Performance Share Plan ("HPSP"), and following the measurement of the relevant performance conditions, nil cost share awards granted in 2021 to a member of the Hunting Executive Committee, who is determined to be PDMR, partially vested and were exercised as follows:
| PDMR | Position | No. of vested & exercised awards | No. of ordinary shares sold | No. of ordinary shares retained |
| Stewart Barrie | Executive Committee Member | 15,279 | 7,181 | 8,098 |
The performance measures of the awards are noted on page 150 of the 2023 Annual Report and Accounts. The performance period was 1 January 2021 to 31 December 2023.
Mr Barrie's interest in Hunting PLC ordinary shares, as an Executive Committee Member of the Company, now totals 50,434 ordinary shares, representing 0.03% of the issued share capital of the Company. The average selling price of the above ordinary shares for tax liabilities was 443.00 pence per share.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | Stewart Barrie | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Executive Committee Member | |||
| 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 | Vesting and exercise of nil cost share awards over Ordinary Shares in the Company granted on 4 March 2021, under the rules of the Hunting Performance Share Plan. | |||
|
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | 0 pence | 15,279 Ordinary Shares | | |
| | | | | | |
| | | | | | |
| Date of the transaction | 15 May 2024 | ||||
| Place of the transaction | London | ||||
|
| TRANSACTION 2 | ||||
|
| Description of the financial instrument, type of instrument | Ordinary Shares of 25 pence each | |||
| | | ||||
| Identification code | ISIN:- GB0004478896 | ||||
| | | ||||
|
| Nature of the transaction | Sale of Ordinary Shares | |||
|
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | 443.00 pence | 7,181 Ordinary Shares | | |
| | | | | | |
| Date of the transaction | 15 May 2024 | ||||
| Place of the transaction | London | ||||
For further information please contact:
| Ben Willey, Company Secretary | 020 7321 0123 |
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