Helical Bar PLC
05 December 2006
5 December 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. Exercise of Share Options
On 4 December 2006 options over 229,320 new ordinary 1p shares and 946,930
ordinary 1p shares held by the Company's ESOP Trust were exercised in accordance
with the rules of the Helical Bar 1999 Share Option Scheme and the Senior
Executive 1988 Share Option Scheme. Following the exercise of these options the
Company has 95,289,932 ordinary 1p shares in issue.
Included in these transactions are options exercised by the following Directors:
Michael Slade
Options over 773,935 shares exercised at 1p per share, originally granted over
1,000,000 shares at 113.00p per share and 30,000 shares at 90.50p.
Nigel McNair Scott
Options over 402,315 shares exercised at 1p per share, originally granted over
500,000 shares at 88.50p per share.
2. Sale of Shares
On 4 December 2006 the following Director sold shares in the Company:
Nigel McNair Scott
229,320 shares sold at 450.00p per share
On 5 December 2006 the following Directors sold shares in the Company:
Michael Slade
773,935 shares sold at 450.00p per share
Nigel McNair Scott
172,995 shares sold at 450.00p per share
3. Helical Bar plc Employee Share Ownership Trust ('ESOP')
On 5 December 2006 the Company's ESOP holding of ordinary 1p shares reduced from
6,092,131 (6.4%) ordinary 1p shares to 5,145,201 (5.4%) ordinary 1p shares
following the exercise of options and sale of shares by Michael Slade and Nigel
McNair Scott.
4. Director's Interests in Shares
Following these transactions the interests of Michael Slade and Nigel McNair
Scott in the shares of the Company are as follows:
Shares Held Share Options Performance
Share Plan
Michael Slade 12,685,402 (13.3 %) 2,740,000 1,661,159
Nigel McNair Scott 2,014,813 (2.1 %) 1,285,000 944,475
Contact: T J Murphy 020 7629 0113
Date of Notification 5 December 2006
This information is provided by RNS
The company news service from the London Stock Exchange
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