Hunting PLC Directors Shareholding/PDMR (6117C)
June 18 2019 - 5:00AM
UK Regulatory
TIDMHTG
RNS Number : 6117C
Hunting PLC
18 June 2019
For Immediate Release 18 June 2019
Hunting PLC
("Hunting" or "the Company")
Directors Shareholding/PDMR
Hunting PLC today announces share award transactions by an
executive Director of the Company.
Peter Rose
On 17 June 2019, Peter Rose exercised 111,327 nil-cost options
which were awarded under the rules of the Hunting Performance Share
Plan. Mr Rose's options were granted on 11 March 2016 and vested on
11 March 2019.
The average price on exercise of the options was 493.68 pence
per share.
Mr Rose subsequently sold 52,460 ordinary shares on the same
date to cover personal tax liabilities and retained 58,867 ordinary
shares.
The average selling price of the ordinary shares was 493.68
pence per share.
Following these transactions, Mr Rose's interest in the Company
has increased to 167,712 ordinary shares representing 0.10% of the
issued share capital.
1 Details of the person discharging managerial responsibilities /
person closely associated
a) Name Peter Rose
----------------------------------- --------------------------------------------------------
2 Reason for the notification
---------------------------------------------------------------------------------------------
a) Position/status Finance Director
----------------------------------- --------------------------------------------------------
b) Initial notification Initial
/Amendment
----------------------------------- --------------------------------------------------------
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 Nil-cost options awarded under the Hunting
instrument, type of Performance Share Plan.
instrument
Identification code ISIN:- GB0004478896
Nature of the transaction Exercise of nil-cost options in the Company
under the rules of the Hunting Performance
Share Plan.
----------------------------------- --------------------------------------------------------
Price(s) and volume(s)
---------------------- ----------------------------
Price(s) Volume(s)
---------------------- ----------------------------
493.68 pence 111,327 nil-cost
options
---------------------- ----------------------------
Date of the transaction 17 June 2019
----------------------------------- --------------------------------------------------------
Place of the transaction London
----------------------------------- --------------------------------------------------------
TRANSACTION 2
Description of the financial Ordinary Shares of 25 pence each
instrument, type of
instrument
Identification code ISIN:- GB0004478896
Nature of the transaction Sale of Ordinary Shares to cover tax liabilities.
----------------------------------- --------------------------------------------------------
Price(s) and volume(s)
---------------------- ----------------------------
Price(s) Volume(s)
---------------------- ----------------------------
493.68 pence 52,460 Ordinary
Shares
---------------------- ----------------------------
Date of the transaction 17 June 2019
----------------------------------- --------------------------------------------------------
Place of the transaction London
----------------------------------- --------------------------------------------------------
For further information please contact:
Ben Willey, Company Secretary 020 7321 0123
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END
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