7th Jul 2005 13:31
Helical Bar PLC07 July 2005 7 July 2005 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 2005, under the terms of the Helical Bar plc Performance Share Plan2004 approved at the Annual General Meeting of 28 July 2004, the following shareawards were made to the directors of the Company: Michael Slade103,971 shares Nigel McNair Scott64,982 shares Gerald Kaye55,884 shares Michael Brown55,884 shares 2. Share Incentive Plan The Company was informed on 6 July 2005 that on that date, under the rules ofthe Helical Bar plc Share Incentive Plan ("the Plan"), Helical Bar TrusteesLimited had awarded shares to directors and employees of the Company and, usingcontributions to the Plan by directors and employees, had purchased additionalshares matched in a ratio of 2:1 by the Company. On 6 July 2005 6,732 shareswere awarded to directors and employees at the closing mid-market price on 5July 2005 of 1385.0p in accordance with the Plan rules. The Company was informed today that Helical Bar Trustees Ltd had purchased 7,000ordinary shares in the Company. Shares awarded to the directors were as follows: Director Number of SharesMichael Slade 378Nigel McNair Scott 378Gerald Kaye 378Michael Brown 378 3. Directors' Interests in Shares Following these transactions the directors' interests in shares are as follows: Shares Held Share Options Performance Share PlanMichael Slade 2,549,317 1,054,000 253,971 (13.8 %)Nigel McNair Scott 401,642 407,000 139,982 (2.2 %)Gerald Kaye 195,448 463,198 130,884 (1.1 %)Michael Brown 181,289 306,418 130,884 (1.0 %) Contact: T J Murphy020 7629 0113 Date of Notification7 July 2005 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Helical Bar