Helical Bar PLC
17 January 2005
17 January 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 and share awards
had taken place:
1. Exercise of Share Options
On 17 January 2005 subscription options over 170,000 new shares and purchase
options over 15,000 shares held by the Company's Employee Share Ownership Plan
Trust ('ESOP') were exercised in accordance with the rules of the Senior
Executive 1988 Share Option Scheme. Following the exercise of these options the
Company has 17,901,164 ordinary 5p shares in issue.
Included in these transactions are options exercised by the following Director:
Michael Brown
Option over 100,000 shares exercised at 467.5p per share
2. Director's Sale of Shares
On 17 January 2005 the following Director sold shares in the Company:
Michael Brown
100,000 shares sold at 1242.5p per share
3. Director's Purchase of Shares
On 17 January 2005 the following Director purchased shares in the Company.
Michael Slade
100,000 shares purchased at 1242.5p per share
4. Helical Bar plc Employee Share Ownership Plan Trust ('ESOP')
On 17 January 2005 the Company's ESOP sold 15,000 ordinary 5p shares and
purchased 45,000 ordinary 5p shares, both transactions at 1242.5p per share.
Following these transactions the ESOP holds 1,189,116 (6.6%) ordinary 5p shares
in the Company.
5. Directors' Interests in Shares
Following these transactions the Directors' interests in shares are as follows:
Shares Held
Michael Slade 2,548,939 (14.2%)
Michael Brown 180,912 (1.0%)
Contact:
T J Murphy
020 7629 0113
Date of Notification: 17 January 2005
This information is provided by RNS
The company news service from the London Stock Exchange
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