Helical Bar PLC
09 September 2005
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 7 September the following directors exercised options over shares in
accordance with the rules of the Senior Executive 1988 Share Option Scheme and
the Helical Bar 1999 Share Option Scheme.
Michael Slade
1,500,000 shares at 88.50p per share
Nigel McNair Scott
250,000 shares at 90.50p per share
Gerald Kaye
250,000 shares at 88.50p per share
The options exercised by Michael Slade and Gerald Kaye were subscription options
over new shares. The option exercised by Nigel McNair Scott was a purchase
option over existing shares held by the Company's Employee Share Ownership Plan
Trust.
2. Sale of Shares
On 8 September the following directors sold shares in the Company:
Michael Slade
1,500,000 shares at 290.00p per share
Nigel McNair Scott
250,000 shares at 290.00p per share
Gerald Kaye
250,000 shares at 290.00p per share
3. Directors' Interests in Shares
Following these transactions the directors' concerned continued to hold the
number of shares in the Company noted below.
Michael Slade
12,746,585 (13.58%)
Nigel McNair Scott
2,008,210 ( 2.14%)
Gerald Kaye
977,240 ( 1.04%)
4. Number of Shares in Issue
Following these transactions the Company has 93,871,925 ordinary 1p shares in
issue.
5. Share Options
Following these transactions the Directors and employees of the Company have
subscription options over 4,155,510 new shares and purchase options over
6,234,695 shares held by the Company's Employee Share Ownership Plan Trust.
Contact:
T J Murphy
020 7629 0113
Date of Notification
9 September 2005
This information is provided by RNS
The company news service from the London Stock Exchange LFFEASIAIIE
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