Helical Bar plc ("Helical Bar" "the Company")
Notification of Interests of Directors
and Connected Persons
The Company was informed on 2 December 2014 that the following transactions had taken place:
1. Performance Share Plan 2014
On 2 December 2014, shares awarded under the terms of the Helical Bar plc Performance Share Plan 2004 were made available to directors and employees of the Company. These shares were originally allocated on 5 July 2011 and, having met their performance criteria such that 62.56% qualified for vesting, are available to be transferred to award holders.
Shares originally awarded to directors and the net shares retained after payment of associated tax liabilities are as follows:
|
Shares Awarded |
Shares Retained |
Nigel McNair Scott |
387,656 |
133,385 |
Michael Slade |
578,592 |
199,082 |
Tim Murphy |
231,436 |
76,737 |
Gerald Kaye |
433,944 |
143,882 |
Matthew Bonning-Snook |
347,155 |
115,105 |
Jack Pitman |
347,155 |
115,105 |
Duncan Walker |
202,507 |
67,145 |
The shares retained by award holders were provided by the Helical Bar plc Employee Share Ownership Plan Trust.
2. Helical Bar plc Employee Share Ownership Plan Trust ("ESOP")
On 2 December 2014, the Company's ESOP holding of ordinary 1p shares reduced from 3,541,884 (3.00%) to 2,624,969 (2.22%) following the vesting of shares awarded under the terms of the Performance Share Plan 2004 and the transfer of shares to directors and employees.
3. Share Incentive Plan
On 2 December 2014, 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, awarded 10,578 ordinary shares to directors and employees at the closing mid-market price on
1 December 2014 of 351.0p.
Shares awarded to the directors were as follows:
Director Number of Shares
Michael Slade 384
Timothy Murphy 384
Gerald Kaye 384
Matthew Bonning-Snook 384
Jack Pitman 384
Duncan Walker 384
4. Directors' Interests in Shares
Following these transactions the directors' interests in shares are as follows:
|
Shares Legally Held |
Deferred
Shares |
Share Incentive Plan |
Outstanding PSP Awards |
Nigel McNair Scott |
2,855,941 |
(2.42%) |
- |
- |
420,895 |
Michael Slade |
13,048,820 |
(11.04%) |
- |
39,313 |
1,951,101 |
Tim Murphy |
172,257 |
(0.15%) |
6,731 |
39,313 |
918,866 |
Gerald Kaye |
1,396,753 |
(1.18%) |
209,039 |
39,272 |
1,487,080 |
Matthew Bonning-Snook |
278,034 |
(0.24%) |
202,222 |
38,859 |
1,231,865 |
Jack Pitman |
247,812 |
(0.21%) |
124,743 |
39,313 |
1,189,673 |
Duncan Walker |
67,145 |
(0.06%) |
111,827 |
21,965 |
1,022,159 |
Contact: T J Murphy (020 7629 0113)
Date of notification: 2 December 2014
