Helical Bar Regulatory News (HLCL)

RNS Number : 2754P

Helical Bar PLC

13 July 2010

 

 

13 July 2010

 

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. 2010 Performance Share Plan Award

 

On 13 July 2010, 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 12 July 2010 of 276.10p.

 

Michael Slade 543,281 shares

Nigel McNair Scott 363,998 shares

Gerald Kaye 353,132 shares

Matthew Bonning-Snook 298,804 shares

Jack Pitman 298,804 shares

 

2. 2007 Performance Share Plan Award

 

As indicated in the Report & Accounts for the year to 31 March 2010, the

Performance Share Plan Awards made on 6 July 2007 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 13,671,417 (12.7%) 1,368,657

Nigel McNair Scott 2,520,114 (2.3%) 915,914

Gerald Kaye 1,451,683 (1.3%) 976,504

Matthew Bonning-Snook 256,919 (0.2%) 828,779

Jack Pitman 290,172 (0.3%) 828,779

 

Contact: T J Murphy (020 7629 0113)

 

Date of Notification 13 July 2010

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