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Voting Agreement and PDMR declaration
Voting Agreement and PDMR declaration.
About this update from Hunting Plc
[{"type":"text","content":"\n \nRNS Number : 4023S Hunting PLC 23 September 2014 \n \n\n\n\n\n\nFor immediate release\n\n\n23 September 2014\n\n\n\n\n \nHunting PLC\n \n(\"Hunting\" or the \"Company\")\n \nVoting Agreement and PDMR declaration\n \n\nHunting Investments Limited - Voting Agreement\n \nHunting PLC (LSE:HTG) announces that it has received notification today from Hunting Investments Limited (\"HIL\") that HIL, including its wholly owned subsidiary Huntridge Limited; Slaley Investments Limited; the Trustees of the Hunting Family Trusts and certain individual members of the Hunting family (collectively known as the \"Signatories\"), who beneficially hold ordinary shares in the Company, have entered into a formal Voting Agreement (the \"Agreement\") dated 22 September 2014. \n \nThe Agreement has the legal effect of transferring all voting rights of Hunting PLC ordinary shares held by the Signatories to a Voting Committee administered by HIL under the delegated authority of the Signatories. \n \nFollowing the Agreement the total voting rights of HIL has increased to 25,321,694, representing 17.06% of the issued share capital of the Company. \n \nThe table below details the beneficial holdings of the Signatories in Hunting PLC ordinary shares:\n \n\n\n\n\n\n\n\nBeneficial Holding\n\n\n\n\nHunting Investments Limited (including Huntridge Limited)\n\n\n10,884,743\n\n\n\n\nSlaley Investments Limited\n\n\n6,411,679\n\n\n\n\nHunting Family Trusts\n\n\n6,025,864\n\n\n\n\nHunting Family members\n\n\n1,999,408\n\n\n\n\nTotal\n\n\n25,321,694\n\n\n\n\n \nThe Company notes that other Hunting family interests totalling 901,141 ordinary shares are not party to the Agreement.\n \nFurther, the Company confirms that HIL, including Huntridge Limited, and Slaley Investments Limited are not owned, either directly or indirectly, by Hunting PLC.\n \nRichard Hunting - PDMR Declaration\n \nThe Company has received notification today from Richard Hunting, non-executive Chairman of Hunting PLC, that he is a Signatory to the above Agreement in relation to his beneficial holding of ordinary shares and in his capacity as a trustee.\n \nRichard Hunting's beneficial holding of 463,306 ordinary shares in Hunting PLC remains unchanged representing 0.31% of the current issued share capital of Hunting PLC....