TIDMHLCL
RNS Number : 0207W
Helical PLC
27 July 2018
27 July 2018
HELICAL PLC
("Helical"/ "the Company")
notification of interests of direCtoRs and connected persons
The company was informed on 26 July that the following
transactions had taken place:
1. Deferred Shares - 2015
On 26 July 2018 shares awarded under the terms of the Company's
Annual Bonus Scheme 2012 were made available to directors of the
Company. These shares were originally awarded to directors on 8
June 2015 as part of the annual bonuses for the year to 31 March
2015 and, having been deferred for three years, are available to be
transferred to award holders, net of associated tax
liabilities.
Shares originally awarded to directors, accrued dividend shares
and the net shares retained after payment of associated tax
liabilities are as follows:
Shares Awarded Dividend Shares Shares Retained
Gerald Kaye 96,619 8,660 55,797
Matthew Bonning-Snook 89,285 8,002 51,562
2. Deferred Shares - 2018
On 26 July 2018, deferred share awards over ordinary shares in
Helical plc were made to certain directors at 334.0p per share,
under the terms of the Helical Annual Bonus Scheme 2016, as
follows:
Number of Shares
Gerald Kaye 115,643
Matthew Bonning-Snook 89,955
No consideration was paid for the grant of the deferred share
awards which have been structured as nil cost options. These
deferred shares will be held by the Company and will vest after 26
July 2021.
3. Performance Share Plan - 2014
On 26 July 2018 shares awarded under the terms of the Helical
plc Performance Share Plan 2014 were made available to directors
and employees of the Company. These shares were originally awarded
on 8 June 2015 and, having met their performance criteria such that
45.65% qualified for vesting, are available to be transferred to
award holders, net of associated tax liabilities.
Shares originally awarded to Directors and PDMRs and the net
shares retained after the payment of associated tax liabilities
were as follows:
Shares Awarded Shares Vesting Shares Retained
Director
Michael Slade(1) 375,214 75,083 41,295
Gerald Kaye 289,857 132,319 70,129
Tim Murphy 200,357 91,462 48,474
Matthew Bonning-Snook 267,857 122,276 64,806
PDMR
Tom Anderson 66,666 30,433 16,129
James Moss 32,142 14,672 7,776
(1) The shares originally awarded to Michael Slade were
pro-rated for the period he was an Executive Director.
4. Director's Transaction
On 25 July 2018, Michael Slade sold 42,054 shares in Helical plc
at 334p per share.
5. Share Incentive Plan - Award of Dividend Shares
On 26 July 2018, under the rules of the Helical plc Share
Incentive Plan, Helical Bar Trustees Limited awarded 7,910 ordinary
shares to the Company's Executive Directors, PDMRs and employees at
the closing mid-market price on 25 July 2018 of 334.00p.
Shares awarded to the Executive Directors and PDMRs were as
follows:
Number of Shares
Executive Director
Gerald Kaye 1,087
Tim Murphy 637
Matthew Bonning-Snook 1,078
PDMR
Tom Anderson 568
James Moss 208
6. Director's Interests in Shares
Shares Legally Deferred Share Incentive Outstanding
Held Shares Plan PSP Awards
Michael Slade(1) 12,163,444 (10.2%) - - -
Gerald Kaye 1,700,252 (1.4%) 377,049 52,946 1,102,999
Tim Murphy 684,594 (0.6%) 42,434 31,046 689,622
Matthew Bonning-Snook 964,890 (0.8%) 315,044 52,496 921,884
7. Additional Listing
Application has been made to the Financial Conduct Authority for
admission to the Official List, and to the London Stock Exchange
plc for admission to trading, for a total of 752,608 ordinary
shares of 1p each. It is expected that the hearing will take place
on 31 July 2018 and that trading will commence on 1 August
2018.
The shares are being issued in connection with the vesting of
awards granted under the Company's Annual Bonus Plan 2012 as
detailed under Point 1 above and the Company's Performance Share
Plan 2014, as detailed under Point 3 above.
Following admission, the number of ordinary shares in issue will
be 119,363,349, each carrying one voting right. This figure may be
used by shareholders as the denominator for the calculations by
which they will determine if they are required to notify their
interest in, or a change to their interest in, Helical plc under
the FCS's Disclosure and Transparency Rules.
This notification is made in accordance with the requirements of
the EU Market Abuse Regulations. The Identification Code for the
ordinary shares of 1p each in the Company is GB00B0FYMT95. The
awards took place outside a trading venue.
For further information please contact:
Helical plc
Tim Murphy (Finance Director) Tel: 020 7629 0113
Address: 5 Hanover Square,
London W1S 1HQ
Website: www.helical.co.uk
FTI Consulting
Dido Laurimore/Tom Gough/Richard Tel: 020 3727 1000
Gotla
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END
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