Helical PLC Director/PDMR Shareholding (5788R)

TIDMHLCL

RNS Number : 5788R

Helical PLC

12 December 2016

12 December 2016

HELICAL PLC

("Helical" or "The Company")

Notification of Interests of Directors and Connected Persons

The Company was informed on 9 December 2016 that the following transactions had taken place:

   1.   Performance Share Plan 2004 

On 9 December 2016 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 25 June 2013 and, having met their performance criteria such that 100% 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 Retained 
 
 Gerald Kaye                     475,384           251,953 
 Tim Murphy                      307,692           163,076 
 Matthew Bonning-Snook           380,307           201,562 
 Duncan Walker                   307,692           163,076 
 

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

   2.   Deferred Shares 

On 9 December 2016 shares awarded under the terms of the Helical Bar Annual Bonus Scheme 2012 and the Executive Bonus Plan 2011 were made available to directors of the Company. These shares were originally awarded to directors on 25 June 2013 as part of the annual bonuses for the year to 31 March 2013 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 Accrued   Shares Retained 
 
 Gerald Kaye                      90,282                     7,162            51,645 
 Tim Murphy                        6,731                         -             3,567 
 Matthew Bonning-Snook            90,282                     7,162            51,645 
 Duncan Walker                    29,738                     2,359            17,011 
 
   3.   Share Incentive Plan 

On 9 December 2016, under the rules of the Helical 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 13,155 ordinary shares to directors and employees at the closing mid-market price on 8 December 2016 of 297.75p.

Shares awarded to the directors were as follows:

 
Director                Number of Shares 
Gerald Kaye                   453 
Tim Murphy                    453 
Matthew Bonning-Snook         453 
Duncan Walker                 453 
 
   4.   Directors' Interests in Shares 
 
                            Shares Legally Held   Deferred Shares   Share Incentive Plan   Outstanding PSP Awards 
 
 Gerald Kaye                1,386,145   (1.17%)           321,300                 45,700                  944,266 
 Tim Murphy                   553,068   (0.47%)                 -                 24,958                  652,703 
 Matthew Bonning-Snook        673,366   (0.57%)           299,113                 45,271                  872,608 
 Duncan Walker                493,596   (0.42%)           240,938                 27,711                  740,572 
 

For further information, please contact:

 
Tim Murphy (Finance Director)           Tel: [phone] 
 
Date of notification: 12 December 2016 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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December 12, 2016 06:15 ET (11:15 GMT)