Helical Bar PLC
29 January 2003
29 January 2003
NOTIFICATION OF INTERESTS OF
DIRECTORS AND CONNECTED PERSONS
HELICAL BAR PLC ('Helical Bar' or 'the Company')
On 28 January 2003, Mr Michael Brown, a Director, exercised a purchase option
over 100,000 ordinary 5p shares at 452.5p per share. This purchase option was
exercised in accordance with the rules of the Senior Executive 1988 Share Option
Scheme over shares held by the Company's Employees' Share Ownership Plan Trust
('ESOP').
Following this transaction, and two further exercises of purchase options by
employees of the company over 30,000 ordinary 5p shares, the Helical Bar ESOP
shareholding in the Company is reduced to 1,361,939 (4.55%) ordinary 5p shares.
The Company was advised on the 28 January 2003 that on that date Mr Michael
Brown sold in the market, 100,000 ordinary 5p shares in the Company at 747.5p
per share. Mr Michael Brown continues to hold 187,166 (0.63%) ordinary shares
in the company.
Contact:
T J Murphy
020 7629 0113
Date of Notification
29 January 2003
This information is provided by RNS
The company news service from the London Stock Exchange
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