Director/PDMR Shareholding

RNS Number : 6502E

Helical Bar PLC

01 June 2012

 



1 June 2012

HELICAL BAR PLC

PRESS RELEASE

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.         2012 Performance Share Plan Award

            On 31 May 2012, 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 at the

            closing mid-market price on 30 May 2012 of 167.50p.

                        Michael Slade                                       895,522 shares

                        Nigel McNair Scott                              420,895 shares

                        Gerald Kaye                                         671,641 shares

                        Matthew Bonning-Snook                      537,313 shares

                        Jack Pitman                                          537,313 shares

                        Duncan Walker                                    447,761 shares

2.         2009 Performance Share Plan Award

            The Performance Share Plan Awards made on 9 July 2009 did not satisfy their

            performance criteria, and, accordingly, have lapsed.

3.         Share Incentive Plan

On 31 May 2012, under the rules of the Helical Bar plc Share Incentive Plan (the "Plan"), Helical Bar Trustees Limited, using contributions to the Plan by directors and employees matched in a 2:1 ratio by the Company, had awarded 84,004 ordinary shares to directors and employees at the closing mid-market price on 30 May 2012 of 167.50p.

Shares awarded to the directors were as follows:

            Director                                      Number of Shares

            Michael Slade                                       3,425

            Nigel McNair Scott                              3,425

            Gerald Kaye                                         3,425

            Matthew Bonning-Snook                      3,420

            Jack Pitman                                          3,425

            Duncan Walker                                     3,255

4.         Directors' Interests in Shares

            Following these transactions the directors' interests in shares are as follows:

                                                                     Shares Held                      Performance Plan

            Michael Slade                           13,430,919      (11.4%)                       2,017,395

            Nigel McNair Scott                    2,713,557       (2.3%)                        1,172,549

            Gerald Kaye                               1,534,014       (1.3%)                        1,458,717

            Matthew Bonning-Snook               283,680       (0.2%)                        1,183,272

            Jack Pitman                                   448,478       (0.4%)                        1,183,272

            Duncan Walker                               14,735     (0.01%)                           802,386

            Contact:                                   T J Murphy (020 7629 0113)

            Date of Notification                  1 June 2012

 

END

 

 

RDSUAUARUBANRAR