Director/PDMR Shareholding

RNS Number : 8290J

Helical Bar PLC

05 July 2011

 



5 July 2011

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.         2011 Performance Share Plan Award

            On 5 July 2011, 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 4 July 2011 of 259.25p.

                        Michael Slade                                       578,592 shares

                        Nigel McNair Scott                              387,656 shares

                        Gerald Kaye                                         433,944 shares

                        Matthew Bonning-Snook                      347,155 shares

                        Jack Pitman                                          347,155 shares

                        Duncan Walker                                    202,507 shares

2.         2008 Performance Share Plan Award

            As indicated in the Report & Accounts for the year to 31 March 2011, the

            Performance Share Plan Awards made on 14 July 2008 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                           13,625,677      (11.5%)                       1,621,457

            Nigel McNair Scott                    2,708,315       (2.3%)                        1,086,375

            Gerald Kaye                               1,528,772       (1.3%)                        1,111,805

            Matthew Bonning-Snook               278,450       (0.2%)                           920,730

            Jack Pitman                                   443,236       (0.4%)                           920,730

            Duncan Walker                                 9,960    (0.008%)                           479,521

            Contact:                                   T J Murphy (020 7629 0113)

            Date of Notification                  5 July 2011

 

END

 

 

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