Director/PDMR Shareholding

RNS Number : 5084V

Helical Bar PLC

10 July 2009

 

 

 

 

 

The Company was informed today that the following transactions had taken place:

 

 

1.         Performance Share Plan Award

 

           On 9 July 2009, 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 8 July 2009 at 300.25p per share.

 

            Michael Slade                                      499,584 shares

            Nigel McNair Scott                              334,721 shares

            Gerald Kaye                                        324,729 shares

            Matthew Bonning-Snook                     274,771 shares

            Jack Pitman                                         274,771 shares

 

2.         Performance Share Plan Awards

 

            On 9 July 2009 shares awarded under the terms of the Helical Bar plc Performance Share Plans 2004 were made available to directors and employees of the Company. These shares were originally allocated on 4 July 2006 and having partially met their performance criteria one third of the awards are available to be taken by the award-holders.

 

            Shares vesting and the net shares retained after payment of associated tax liabilities are as follows:

 

 

	Shares Vested	Share Retained
Michael Slade	130,434	76,956
Nigel McNair Scott	81,521	48,097
Gerald Kaye	70,108	41,364
Matthew Bonning-Snook	35,326	20,842
Jack Pitman	33,967	20,041

 

 

 

 

3.         Directors’ Interests in Shares

 

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

                                   

	Shares Held	Share Options	Performance Share Plan
Michael Slade	13,692,196 (12.7%)	-	1,012,486
Nigel McNair Scott	2,516,053 (2.3%)	-	676,656
Gerald Kaye	1,447,412 (1.3%)	-	794,890
Matthew Bonning-Snook	252,628 (0.2%)	-	676,545
Jack Pitman	285,872 (0.3%)	320,510	676,545

 

 

 

Contact:                                   T J Murphy (020 7629 0113)

Date of Notification:               10 July 2009

 

 

 

END

 

 

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