Helical Bar PLC
09 July 2007
9 July 2007
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. Performance Share Plan Awards
On 6 July 2007, 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 5 July 2007 of 481p per share.
Michael Slade 187,110 shares
Nigel McNair Scott 124,740 shares
Gerald Kaye 171,518 shares
Michael Brown 202,703 shares
2. Share Incentive Plan
The Company was informed on 6 July 2007 that on that date, under the rules of
the Helical Bar plc Share Incentive Plan ('the Plan'), Helical Bar Trustees
Limited had awarded shares to directors and employees of the Company and, using
contributions to the Plan by directors and employees, had purchased additional
shares matched in a ratio of 2:1 by the Company. On 6 July 2007 4,317 shares
were awarded to directors and employees at the closing mid-market price on 5
July 2007 of 481p in accordance with the Plan rules.
Shares awarded to the directors were as follows:
Director Number of Shares
Michael Slade 240
Nigel McNair Scott 240
Gerald Kaye 240
Michael Brown 240
3. Directors' Interests in Shares
Following these transactions the directors' interests in shares are as follows:
Shares Held Share Performance
Options Share Plan
Michael Slade 12,686,933 (13.3%) 1,740,000 1,848,269
Nigel McNair 2,016,344 (2.1 %) 761,665 1,068,945
Scott
Gerald Kaye 981,206 (1.0 %) 1,315,990 1,036,264
Michael Brown 910,411 (1.0 %) 1,065,985 1,067,449
Contact: T J Murphy 020 7629 0113
Date of Notification 9 July 2007
This information is provided by RNS
The company news service from the London Stock Exchange
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