/Equities/XLON/HTG/RNS

Director Shareholding/PDMR Transactions

RNS Number : 9067D

Hunting PLC

07 March 2022

For Immediate Release

7 March 2022

Hunting PLC

("Hunting" or "the Company")

Directors Shareholding/PDMR

Hunting PLC today announces the following share awards granted on 4 March 2022 under the Hunting Performance Share Plan ("HPSP") to the executive Directors and members of the executive committee.

PDMR	Position	Number of performance based awards granted
Jim Johnson	Executive Director	1,217,058
Bruce Ferguson	Executive Director	289,408
Rick Bradley	Executive Committee	459,961
Jason Mai	Executive Committee	259,251
Scott George	Executive Committee	274,077
Stewart Barrie	Executive Committee	68,337
Liese Borden	Executive Committee	151,393
Ryan Elliott	Executive Committee	126,160
Gregory Farmer	Executive Committee	163,002
Ben Willey	Executive Committee	135,974

The share awards are subject to vesting on the third anniversary of the date of grant. The share awards granted to the executive Directors and Rick Bradley, are wholly performance-based. The awards granted the other members of the executive committee are 60% performance-based and 40% time-based.

This year, the performance conditions and targets attached to the performance-based awards of the 2022 HPSP grant includes a free cash flow metric ("FCF"), as follows:

Performance Condition	Proportion	Threshold Vesting	Maximum Vesting
EPS	20%	16.6 cents	24.9 cents
ROCE	25%	4.0%	8.0%
TSR	20%	Median	Upper Quartile
FCF	20%	$115m	$172m
Balanced Scorecard
- Safety	7.5%	2.00	<1.00
- Quality Assurance	7.5%	0.8	0.5

The EPS and ROCE performance conditions will be measured against the financial performance of the Company for the year ended 31 December 2024, while the TSR, FCF and Balanced Scorecard performance conditions will be measured based on data for the three year performance period ended 31 December 2024.

The number of shares subject to the award are determined by using the average closing middle market price of a Hunting PLC Ordinary share on 3 March 2022, being 219.5 pence per share.

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 notification
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
a)	Description of the financial instrument, type of instrument	Awards over Ordinary Shares of 25 pence each

	Identification code	ISIN:- GB0004478896

b)	Nature of the transaction	Grant of Share Awards over Ordinary Shares under the rules of the Hunting Performance Share Plan (HPSP)
c)
	Price(s) and volume(s)		Price(s)	Volume(s)
			Nil cost	1,217,058 Ordinary Shares

d)	Aggregated information

	- Aggregated volume	1,217,058

	- Price	Nil

e)	Date of the transaction	4 March 2022
f)	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 notification
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
a)	Description of the financial instrument, type of instrument	Awards over Ordinary Shares of 25 pence each

	Identification code	ISIN:- GB0004478896

b)	Nature of the transaction	Grant of Share Options over Ordinary Shares under the rules of the Hunting Performance Share Plan (HPSP)
c)
	Price(s) and volume(s)		Price(s)	Volume(s)
			Nil cost	289,408 Ordinary Shares

d)	Aggregated information

	- Aggregated volume	289,408

	- Price	Nil

e)	Date of the transaction	4 March 2022
f)	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 notification
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
a)	Description of the financial instrument, type of instrument	Awards over Ordinary Shares of 25p each

	Identification code	ISIN:- GB0004478896

b)	Nature of the transaction	Grant of Share Awards over Ordinary Shares under the rules of the Hunting Performance Share Plan (HPSP)
c)
	Price(s) and volume(s)		Price(s)	Volume(s)
			Nil cost	459,961 Ordinary Shares

d)	Aggregated information

	- Aggregated volume	459,961

	- Price	Nil

e)	Date of the transaction	4 March 2022
f)	Place of the transaction	London

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jason Mai
2	Reason for the notification
a)	Position/status	Executive Committee Member
b)	Initial notification /Amendment	Initial notification
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
a)	Description of the financial instrument, type of instrument	Awards over Ordinary Shares of 25 pence each

	Identification code	ISIN:- GB0004478896

b)	Nature of the transaction	Grant of Share Awards over Ordinary Shares under the rules of the Hunting Performance Share Plan (HPSP)
c)
	Price(s) and volume(s)		Price(s)	Volume(s)
			Nil cost	259,251 Ordinary Shares

d)	Aggregated information

	- Aggregated volume	259,251

	- Price	Nil

e)	Date of the transaction	4 March 2022
f)	Place of the transaction	London

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Scott George
2	Reason for the notification
a)	Position/status	Executive Committee Member
b)	Initial notification /Amendment	Initial notification
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
a)	Description of the financial instrument, type of instrument	Awards over Ordinary Shares of 25 pence each

	Identification code	ISIN:- GB0004478896

b)	Nature of the transaction	Grant of Share Awards over Ordinary Shares under the rules of the Hunting Performance Share Plan (HPSP)
c)
	Price(s) and volume(s)		Price(s)	Volume(s)
			Nil cost	274,077 Ordinary Shares

d)	Aggregated information

	- Aggregated volume	274,077

	- Price	Nil

e)	Date of the transaction	4 March 2022
f)	Place of the transaction	London

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 notification
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
a)	Description of the financial instrument, type of instrument	Awards over Ordinary Shares of 25 pence each

	Identification code	ISIN:- GB0004478896

b)	Nature of the transaction	Grant of Share Options over Ordinary Shares under the rules of the Hunting Performance Share Plan (HPSP)
c)
	Price(s) and volume(s)		Price(s)	Volume(s)
			Nil cost	68,337 Ordinary Shares

d)	Aggregated information

	- Aggregated volume	68,337

	- Price	Nil

e)	Date of the transaction	4 March 2022
f)	Place of the transaction	London
1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Liese Borden
2	Reason for the notification
a)	Position/status	Executive Committee Member
b)	Initial notification /Amendment	Initial notification
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
a)	Description of the financial instrument, type of instrument	Awards over Ordinary Shares of 25 pence each

	Identification code	ISIN:- GB0004478896

b)	Nature of the transaction	Grant of Share Options over Ordinary Shares under the rules of the Hunting Performance Share Plan (HPSP)
c)
	Price(s) and volume(s)		Price(s)	Volume(s)
			Nil cost	151,393 Ordinary Shares

d)	Aggregated information

	- Aggregated volume	151,393

	- Price	Nil

e)	Date of the transaction	4 March 2022
f)	Place of the transaction	London

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Ryan Elliott
2	Reason for the notification
a)	Position/status	Executive Committee Member
b)	Initial notification /Amendment	Initial notification
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
a)	Description of the financial instrument, type of instrument	Awards over Ordinary Shares of 25 pence each

	Identification code	ISIN:- GB0004478896

b)	Nature of the transaction	Grant of Share Options over Ordinary Shares under the rules of the Hunting Performance Share Plan (HPSP)
c)
	Price(s) and volume(s)		Price(s)	Volume(s)
			Nil cost	126,160 Ordinary Shares

d)	Aggregated information

	- Aggregated volume	126,160

	- Price	Nil

e)	Date of the transaction	4 March 2022
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Gregory Farmer
2	Reason for the notification
a)	Position/status	Executive Committee Member
b)	Initial notification /Amendment	Initial notification
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
a)	Description of the financial instrument, type of instrument	Awards over Ordinary Shares of 25 pence each

	Identification code	ISIN:- GB0004478896

b)	Nature of the transaction	Grant of Share Options over Ordinary Shares under the rules of the Hunting Performance Share Plan (HPSP)
c)
	Price(s) and volume(s)		Price(s)	Volume(s)
			Nil cost	163,002 Ordinary Shares

d)	Aggregated information

	- Aggregated volume	163,002

	- Price	Nil

e)	Date of the transaction	4 March 2022
f)	Place of the transaction	London

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Ben Willey
2	Reason for the notification
a)	Position/status	Executive Committee Member
b)	Initial notification /Amendment	Initial notification
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
a)	Description of the financial instrument, type of instrument	Awards over Ordinary Shares of 25 pence each

	Identification code	ISIN:- GB0004478896

b)	Nature of the transaction	Grant of Share Options over Ordinary Shares under the rules of the Hunting Performance Share Plan (HPSP)
c)
	Price(s) and volume(s)		Price(s)	Volume(s)
			Nil cost	135,974 Ordinary Shares

d)	Aggregated information

	- Aggregated volume	135,974

	- Price	Nil

e)	Date of the transaction	4 March 2022
f)	Place of the transaction	London

For further information please contact:

Ben Willey, Company Secretary

020 7321 0123

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END

DSHJRMATMTMMBAT

TIDM	HTG
Share Price	394.60p2.47%
Market Cap	£598.32m

Date	7 Mar 2022
Time	16:00:02
Category	Director/PDMR dealings
ID	9067D

TIDM	HTG
Share Price	394.60p2.47%
Market Cap	£598.32m

Date	7 Mar 2022
Time	16:00:02
Category	Director/PDMR dealings
ID	9067D

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Director Shareholding/PDMR Transactions