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Director/PDMR Shareholding

10 Jul 2009 15:51

RNS Number : 5084V
Helical Bar PLC
10 July 2009
 
 
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. 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
 
 
This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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