Last checked at 25 Jun 2013 12:06
25 June 2013
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 had taken place:
1. 2013 Performance Share Plan Award
On 25 June 2013, 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 24 June 2013 of 243.75p.
Michael Slade 615,384 shares
Tim Murphy 307,692 shares
Gerald Kaye 475,384 shares
Matthew Bonning-Snook 380,307 shares
Jack Pitman 380,307 shares
Duncan Walker 307,692 shares
2. 2010 Performance Share Plan Award
The Performance Share Plan Awards made on 13 July 2010 did not satisfy their
performance criteria, and, accordingly, have lapsed.
3. Helical Bar Annual Bonus Scheme 2012 and the Executive Bonus Plan 2011
On 25 June 2013 share awards over ordinary shares in Helical Bar plc (the "Company") were made to certain directors under the Helical Bar Annual Bonus Scheme 2012 and the Executive Bonus Plan 2011, as follows:
Name of Director | Number of Shares held under award |
|
|
Gerald Kaye | 90,282 |
Matthew Bonning-Snook | 90,282 |
Jack Pitman | 29,738 |
Duncan Walker | 29,738 |
Tim Murphy | 6,731 |
No consideration was paid for the grant of the deferred share awards which have been structured as a nil-cost options.
4. Directors' Interests in Shares
Following these transactions the directors' interests in shares are as follows:
|
Shares Legally Held | Deferred Shares | Share Incentive Plan | Performance Plan | |
|
|
|
|
|
|
Michael Slade | 12,999,738 | (11.0%) | - | 34,875 | 2,089,498 |
Tim Murphy | 95,520 | (0.1%) | 6,731 | 34,876 | 915,247 |
Gerald Kaye | 1,502,871 | (1.3%) | 90,282 | 34,836 | 1,580,969 |
Matthew Bonning-Snook | 252,929 | (0.2%) | 90,282 | 34,436 | 1,264,775 |
Jack Pitman | 407,707 | (0.3%) | 29,738 | 34,876 | 1,264,775 |
Duncan Walker | - | (-%) | 29,738 | 18,069 | 957,960 |
Contact: T. J. Murphy (020 7629 0113)
Date of Notification 25 June 2013