Helical Bar Regulatory News (HLCL)

9 Sep 2005 15:27

Helical Bar PLC09 September 2005 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 7 September the following directors exercised options over shares inaccordance with the rules of the Senior Executive 1988 Share Option Scheme andthe Helical Bar 1999 Share Option Scheme. Michael Slade1,500,000 shares at 88.50p per shareNigel McNair Scott250,000 shares at 90.50p per shareGerald Kaye250,000 shares at 88.50p per share The options exercised by Michael Slade and Gerald Kaye were subscription optionsover new shares. The option exercised by Nigel McNair Scott was a purchaseoption over existing shares held by the Company's Employee Share Ownership PlanTrust. 2. Sale of Shares On 8 September the following directors sold shares in the Company: Michael Slade1,500,000 shares at 290.00p per shareNigel McNair Scott250,000 shares at 290.00p per shareGerald Kaye250,000 shares at 290.00p per share 3. Directors' Interests in Shares Following these transactions the directors' concerned continued to hold thenumber of shares in the Company noted below. Michael Slade12,746,585 (13.58%)Nigel McNair Scott2,008,210 ( 2.14%)Gerald Kaye977,240 ( 1.04%) 4. Number of Shares in Issue Following these transactions the Company has 93,871,925 ordinary 1p shares inissue. 5. Share Options Following these transactions the Directors and employees of the Company havesubscription options over 4,155,510 new shares and purchase options over6,234,695 shares held by the Company's Employee Share Ownership Plan Trust. Contact:T J Murphy020 7629 0113 Date of Notification9 September 2005 This information is provided by RNS The company news service from the London Stock Exchange