Helical Bar PLC
04 July 2006
4 July 2006
HELICAL BAR PLC
NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PARTIES
HELICAL BAR PLC ('Helical Bar 'or 'the Company')
The Company was informed today that the following transactions had taken place:
1. Performance Share Plan Awards
On 4 July 2006, under the terms of the Helical Bar plc Performance Share Plan
2004 approved at the Annual General Meeting of 28 July 2004, the following share
awards were made to the directors of the Company:
Michael Slade 391,304 shares
Nigel McNair Scott 244,565 shares
Gerald Kaye 210,326 shares
Michael Brown 210,326 shares
2. Share Incentive Plan
The Company was informed on 4 July 2006 that on that date, under the rules of
the Helical Bar plc Share Incentive Plan ('the Plan'), Helical Bar Trustees
Limited had awarded shares to directors and employees of the Company and, using
contributions to the Plan by directors and employees, had purchased additional
shares matched in a ratio of 2:1 by the Company. On 4 July 2006 26,190 shares
were awarded to directors and employees at the closing mid-market price on 3
July 2006 of 368.0p in accordance with the Plan rules.
Shares awarded to the directors were as follows:
Director Number of Shares
Michael Slade 1,544
Nigel McNair Scott 1,544
Gerald Kaye 1,544
Michael Brown 1,544
3. Directors' Interests in Shares
Following these transactions the directors' interests in shares are as follows:
Shares Held Share Options Performance
Share Plan
Michael Slade 12,748,747 3,770,000 1,661,159
(13.4 %)
Nigel McNair 2,014,545 1,785,000 944,475
Scott (2.1 %)
Gerald Kaye 979,402 1,315,990 864,746
(1.0 %)
Michael 908,607 1,065,985 864,746
Brown (1.0 %)
Contact:
T J Murphy
020 7629 0113
Date of Notification
4 July 2006
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.