30 Sep 2008 17:13
RNS Number : 7577E
Helical Bar PLC
30 September 2008
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HELICAL BAR PLC
PRESS RELEASE
NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTEDÂ PARTIES
HELICAL BAR PLC ("Helical Bar "or "the Company")
The Company was informed today that the following transactions had taken place:
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1. Share Incentive Plan
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The Company was informed on 30 September 2008 that on that date, under the rules of the Helical Bar plc Share Incentive Plan (“the Plan”), Helical Bar Trustees Limited, using contributions to the Plan by directors and employees matched in a 2:1 ratio by the Company, had awarded 8,965 ordinary 1p shares to directors and employees at the closing mid-market price on 29 September 2008 of 299.0p.
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Shares awarded to the directors were as follows:
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Director Number of Shares
Michael Slade 520
Nigel McNair Scott 520
Michael Brown 520
Gerald Kaye 520
Matthew Bonning-Snook 516
Jack Pitman 520
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2. Directors’ Interests in Shares
Following these transactions the directors’ interests in shares are as follows:
| Shares Held | Share Options | Performance Share Plan | ||
| Michael Slade | 13,439,310 (13.8%) | 500,000 | 904,206 | |
| Nigel McNair Scott | 2,430,566 (2.5%) | - | 586,500 | |
| Michael Brown | 1,299,682Â (1.3Â %) | - | 765,970 | |
| Gerald Kaye | 1,370,477Â (1.4%) | 347,095 | 680,487 | |
| Matthew Bonning-Snook | 206,471Â (0.2%) | 210,000 | 507,752 | |
| Jack Pitman | 229,985Â (0.2%) | 320,510 | 503,676 | |
Contact:Â T J Murphy (020 7629 0113)
Date of Notification: 30 September 2008
This information is provided by RNS
The company news service from the London Stock Exchange
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Helical Bar (HLCL)