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Directors Interests

Directors Interests.

articleHelical PlcJuly 9, 20075/company/helical-bar-plc/news/directors-interests-16
Directors Interests

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[{"type":"text","content":"\n Helical Bar PLC\n09 July 2007\n\n\n \n\n9 July 2007\n\n \n\n HELICAL BAR PLC \n\n\n PRESS RELEASE \n\n \n\n NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PARTIES \n\n \n\n HELICAL BAR PLC ('Helical Bar 'or 'the Company') \n\n \n\n \n\nThe Company was informed today that the following transactions had taken place:\n\n \n\n \n\n1. Performance Share Plan Awards\n\n \n\nOn 6 July 2007, under the terms of the Helical Bar plc Performance Share Plan\n2004 approved at the Annual General Meeting of 28 July 2004, the following share\nawards were made to the directors of the Company at the closing mid-market price\non 5 July 2007 of 481p per share.\n\n \n\nMichael Slade 187,110 shares\n\nNigel McNair Scott 124,740 shares\n\nGerald Kaye 171,518 shares\n\nMichael Brown 202,703 shares\n\n \n\n2. Share Incentive Plan\n\n \n\nThe Company was informed on 6 July 2007 that on that date, under the rules of\nthe Helical Bar plc Share Incentive Plan ('the Plan'), Helical Bar Trustees\nLimited had awarded shares to directors and employees of the Company and, using\ncontributions to the Plan by directors and employees, had purchased additional\nshares matched in a ratio of 2:1 by the Company. On 6 July 2007 4,317 shares\nwere awarded to directors and employees at the closing mid-market price on 5\nJuly 2007 of 481p in accordance with the Plan rules.\n\n \n\nShares awarded to the directors were as follows:\n\n \nDirector Number of Shares \n \nMichael Slade 240 \nNigel McNair Scott 240 \nGerald Kaye 240 \nMichael Brown 240 \n\n \n\n \n\n3. Directors' Interests in Shares\n\n \n\nFollowing these transactions the directors' interests in shares are as follows:\n Shares Held Share Performance\n Options Share Plan \n \nMichael Slade 12,686,933 (13.3%) 1,740,000 1,848,269 \n \nNigel McNair 2,016,344 (2.1 %) 761,665 1,068,945 \nScott \n \nGerald Kaye 981,206 (1.0 %) 1,315,990 1,036,264 \n\nMichael Brown 910,411 (1.0 %) 1,065,985 1,067,449 \n\n \n\n \n\n \nContact: T J Murphy 020 7629 0113 \n Date of Notification 9 July 2007 \n\n \n\n \n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n RDSILFLRDAIAIID \n ","length":3333,"tagName":"div"}]

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