HLCL Helical Plc

TIDMHLCL

RNS Number : 4098X

Helical PLC

24 November 2017

24 November 2017

HELICAL PLC

("Helical" or "The Company")

Notification of Interests of Directors and Connected Persons

The Company was informed on 23 November 2017 that the following transactions had taken place:

   1.   Performance Share Plan 2014 

On 23 November 2017 shares awarded under the terms of the Helical Bar plc Performance Share Plan 2014 were made available to directors and employees of the Company. These shares were originally allocated on 25 July 2014 and, having met their performance criteria such that 66.67% qualified for vesting, are available to be transferred to award holders, net of associated tax liabilities.

Shares originally awarded to directors and the net shares retained after the payment of associated tax liabilities are as follows:

 
                          Shares Awarded   Shares Vesting   Shares Retained 
 
 Michael Slade(1)                291,567          150,000            82,500 
 Gerald Kaye                     340,055          226,703           120,153 
 Tim Murphy                      235,055          156,703            83,052 
 Matthew Bonning-Snook           314,245          209,497           111,033 
 

(1) The shares originally awarded to Michael Slade were pro-rated for the period he was an Executive Director.

The shares retained by award holders were provided by the Helical Bar plc Employee Share Ownership Plan Trust.

   2.   Director's Transaction 

On 23 November 2017, Michael Slade sold 85,000 shares in Helical plc at 301.00p per share.

   3.   Directors' Interests in Shares 
 
                            Shares Legally Held   Deferred Shares   Share Incentive Plan   Outstanding PSP Awards 
 
 Michael Slade            12,631,457   (10.66%)                 -                      -                  375,214 
 Gerald Kaye               1,574,326    (1.33%)           358,025                 49,343                1,049,523 
 Tim Murphy                  636,120    (0.54%)            42,434                 28,044                  690,179 
 Matthew Bonning-Snook       848,522    (0.72%)           314,374                 48,903                  922,675 
 

For further information, please contact:

 
Tim Murphy (Finance Director)           Tel: 020 7629 0113 
 
Date of notification: 24 November 2017 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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