Notification of Interests

RNS Number : 2754P

Helical Bar PLC

13 July 2010

 



13 July 2010

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.         2010 Performance Share Plan Award

            On 13 July 2010, 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 12 July 2010 of 276.10p.

                        Michael Slade                                       543,281 shares

                        Nigel McNair Scott                              363,998 shares

                        Gerald Kaye                                         353,132 shares

                        Matthew Bonning-Snook                      298,804 shares

                        Jack Pitman                                          298,804 shares

2.         2007 Performance Share Plan Award

            As indicated in the Report & Accounts for the year to 31 March 2010, the

            Performance Share Plan Awards made on 6 July 2007 did not satisfy their

            performance criteria, and, accordingly, have lapsed.

3.         Directors' Interests in Shares

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

                                                            Shares Held                  Performance Plan

            Michael Slade                           13,671,417 (12.7%)                1,368,657

            Nigel McNair Scott                    2,520,114 (2.3%)                     915,914

            Gerald Kaye                               1,451,683 (1.3%)                     976,504

            Matthew Bonning-Snook               256,919 (0.2%)                     828,779

            Jack Pitman                                   290,172 (0.3%)                     828,779

            Contact:                                   T J Murphy (020 7629 0113)

            Date of Notification                  13 July 2010

 

END

 

 

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