Helical PLC Director/PDMR Shareholding and Additional Listing (9970R)

TIDMHLCL

RNS Number : 9970R

Helical PLC

27 September 2017

27 September 2017

HELICAL PLC

("Helical" or "The Company")

Notification of Interests of Directors and Connected Persons

The Company was informed on 26 September 2017 that the following transactions had taken place:

   1.   Director's Transaction 
 
  On 22 September 2017, Mr Michael Slade sold 
   41,704 shares in Helical plc at 318.76p per 
   share. 
 
   2.   Performance Share Plan 
 
  On 27 September 2017, 76,463 shares awarded 
   under the terms of the Company's Performance 
   Share Plan 2014 were made available to Mr 
   Michael Slade, Chairman of Helical plc. These 
   shares, originally allocated on 28 July 2014 
   and pro-rated for the period Mr Slade was 
   an Executive Director, met two thirds of their 
   performance criteria in the three years to 
   31 March 2017. After tax, 42,054 shares were 
   retained by Mr Slade. 
 

Following these transactions, Mr Michael Slade continues to hold 12,633,957 (10.7%) shares in the Company.

   3.   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 76,463 
   ordinary shares of 1p each. It is expected 
   that the hearing will take place on 2 October 
   2017 and that trading will commence on 3 October 
   2017. 
 
  The shares are being issued on the vesting 
   of awards granted under the Company's Performance 
   Share Plan 2014 as detailed under Point 2 
   above. 
 
  Following admission, the number of ordinary 
   shares in issue will be 118,610,741, 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 FCA's Disclosure and Transparency 
   Rules. 
 

For further information, please contact:

 
Tim Murphy (Finance Director)            Tel: [phone] 
 
Date of notification: 27 September 2017 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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September 27, 2017 09:16 ET (13:16 GMT)