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HUNTING PLC
Director's Dealing • Mar 8, 2021
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Director's Dealing
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National Storage Mechanism | Additional information 
RNS Number : 5285R
Hunting PLC
08 March 2021
| For Immediate Release | 8 March 2021 |
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 and to a member of the Executive Committee, has been settled in Hunting PLC ordinary shares (shares).
Under the Annual Performance-Linked Bonus Plan rules, the post-tax value of the 2020 bonus has been delivered at a closing mid-market price on 4 March of 269.2 pence per share, from market purchased shares held in trust by the Hunting Employee Benefit Trust.
As a result Jim Johnson receives 24,289 shares, Bruce Ferguson receives 5,676 shares and Rick Bradley 11,877 shares. The shares are to be retained, 75% for a minimum of one year and 25% 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) | ||||
| 269.2 pence | 24,289 Ordinary Shares | |||||
| Date of the transaction | 5 March 2021 | |||||
| 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) | ||||
| 269.2 pence | 5,676 Ordinary Shares | |||||
| Date of the transaction | 5 March 2021 | |||||
| Place of the transaction | London | |||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Rick Bradley | ||||
| 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 | Delivery of 100% of post-tax value of annual bonus in shares | |||||
| Price(s) and volume(s) | Price(s) | Volume(s) | ||||
| 269.2 pence | 11,877 Ordinary Shares | |||||
| Date of the transaction | 5 March 2021 | |||||
| Place of the transaction | London | |||||
For further information please contact:
| Ben Willey, Company Secretary | 020 7321 0123 |
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