Helical Bar Regulatory News (HLCL)

3 Jul 2006 16:47

Helical Bar PLC03 July 2006 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. Exercise of Share Options On 30 June 2006 subscription options over 654,792 new ordinary 1p shares and19,097 ordinary 1p shares held by the Company's ESOP Trust were exercised inaccordance with the rules of the Helical Bar 1999 Share Option Scheme and theSenior Executive 1988 Share Option Scheme. Following the exercise of theseoptions the Company had 95,026,717 ordinary 1p shares in issue. Included in these transactions are options exercised by the following Directors: Gerald Kaye Options over 190,966 shares exercised at 1p per share, originally granted over250,000 shares at 88.50p per share. Michael Brown Options over 356,041 shares exercised at 1p per share, originally granted over466,105 shares at 88.50p per share. 2. Sale of Shares On 30 June 2006 the following Directors sold shares in the Company: Gerald Kaye 190,966 shares sold at 375.0p per share Michael Brown 356,041 shares sold at 375.0p per share 3. Helical Bar plc Employee Share Ownership Plan Trust ("ESOP") On 30 June 2006 the Company's ESOP purchased 389,334 ordinary 1p shares at 375pper share. Following this purchase the ESOP holds 6,092,131 (6.4%) ordinary 1pshares in the Company. 4. Share Incentive Plan On 30 June 2006 the Company was informed that Helical Bar Trustees Limited hadpurchased 25,000 ordinary 1p shares in the Company for future award to directorsand employees under the terms of the Helical Bar Plc Share Incentive Plan.Following this purchase Helical Bar Trustees Limited holds 216,211 (0.2%)ordinary 1p shares in the Company. 5. Directors' Interests in Shares Following these transactions the interests of Gerald Kaye and Michael Brown inthe shares of the Company are as follows: Shares Held Share Options Performance Share PlanGerald Kaye 977,858 (1.0 %) 1,315,990 654,420Michael Brown 907,063 (1.0 %) 1,065,985 654,420 Contact: T J Murphy 020 7629 0113 Date of Notification 3 July 2006 This information is provided by RNS The company news service from the London Stock Exchange